Macro investor Raoul Pal is predicting "life-changing wealth creation" in the crypto space over the next few years.
"This crypto opportunity is literally the perfect macro opportunity of a lifetime," he said Thursday. "It's a very high probabilistic outcome that the next two years make life-changing money."
Younger investors, particularly those burdened with student debt or unable to afford property, have a unique chance to improve their financial standing, he says.
Pal's advice:
- Avoiding FOMO (fear of missing out)
- Steering clear of leverage
- Focus on major assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)
- Be wary of exposing your portfolio to high-risk ventures.
Bitcoin ETFs — 'A Pivotal Moment': Pal described the Bitcoin ETF launch as a pivotal moment, akin to a "go rodeo" scenario, characterized by chaos and humor, typical of the crypto world.
"It's a total shitshow, nobody knows what's going on. Everybody's ...