Raoul Pal Shares His Crypto Investment Strategy – Launches New Crypto Fund
Raoul Pal the CEO of Real Vision shares his crypto investment strategy, while the digital asset market is going through a period of uncertainty.
Pal shred with his 830.6K followers on Twitter followers that he has not taken profits through the sale of his crypto asset holdings, but instead keeps adding to his portfolio.
Tweeting about a freshly established crypto investment fund called Exponential Age Asset Management, Pal wrote:
“People have asked if I have taken any profits and the answer is no.
I keep adding to my bet when I have cash. I have switched around within digital assets and have also set up an entire crypto fund of hedge funds to stay in the trade for years.”
People have asked if I have taken any profits and the answer is no. I keep adding to my bet when I have cash. I have switched around within digital assets and have also set up an entire crypto fund of hedge funds to stay in the trade for years https://t.co/zMT8Ge9PG2
According to Pal, if his the crypto assets in his portfolio would appreciate significantly, he could take profits in order to cover personal expenses, but not, in case the market moves the other way.
“I will allocate to that fund for my core position as the space gets more complex and hard.
But will take some life expenses off the table in a very big, move higher (I’ve got a big house extension to pay for!) but not a move lower (I can still pay for it luckily from income).”
I will allocate to that fund for my core position as the space gets more complex and hard.
But will take some life expenses off the table in a very big, move higher (I’ve got a big house extension to pay for!) but not a move lower (I can still pay for it luckily from income)
Sharing his personal financial situation, he has no debt, and has allocated all cash to crypto, except what is needed for personal expenses. He also advices investors on how to play the market.
“All my cash is in digital assets. Everything except paying the bills. I also have no debts and I have income so can afford the profit and loss swings without concerns.
Choose your own journey. Take the risk you can afford to play the long game and don’t try to get rich quick.”
All my cash is in digital assets. Everything except paying the bills. I also have no debts and I have income so can afford the p&l swings without concerns.
Choose your own journey. Take the risk you can afford to play the long game and don’t try to get rich quick.
