• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$20,370.00-1.66%
    BITCOIN
    24H : -1.66%
    Volume : $18,238,657,492.00
    Marketcap : $388,311,143,008.00
  • ethereumEthereum(ETH)$1,152.11-2.72%
    ETHEREUM
    24H : -2.72%
    Volume : $13,238,843,959.00
    Marketcap : $139,794,041,559.00
  • binancecoinBNB(BNB)$229.17-1.79%
    BNB
    24H : -1.79%
    Volume : $1,040,329,107.00
    Marketcap : $37,421,359,651.00
  • rippleXRP(XRP)$0.342-2.63%
    XRP
    24H : -2.63%
    Volume : $1,023,501,366.00
    Marketcap : $16,515,311,244.00
  • cardanoCardano(ADA)$0.476-1.06%
    CARDANO
    24H : -1.06%
    Volume : $684,559,394.00
    Marketcap : $16,085,286,198.00
  • solanaSolana(SOL)$35.96-5.18%
    SOLANA
    24H : -5.18%
    Volume : $1,245,653,428.00
    Marketcap : $12,327,609,129.00
  • dogecoinDogecoin(DOGE)$0.067-4.97%
    DOGECOIN
    24H : -4.97%
    Volume : $471,330,054.00
    Marketcap : $8,945,299,609.00
  • polkadotPolkadot(DOT)$7.39-3.08%
    POLKADOT
    24H : -3.08%
    Volume : $407,159,820.00
    Marketcap : $8,325,189,584.00
  • shiba-inuShiba Inu(SHIB)$0.00001000-6.63%
    SHIBA INU
    24H : -6.63%
    Volume : $487,556,091.00
    Marketcap : $5,983,030,078.00
  • avalanche-2Avalanche(AVAX)$18.51-3.20%
    AVALANCHE
    24H : -3.20%
    Volume : $462,641,854.00
    Marketcap : $5,223,767,118.00
  • terra-lunaTerra(LUNA)$0.000071-5.71%
    TERRA
    24H : -5.71%
    Volume : $134,734,814.00
    Marketcap : $768,841,921.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Raoul Pal on Ethereum: BIGGEST Opportunity in Crypto in 2021


February 4, 2021 · By JP
Ethereum (ETH)

Global Macro Investor and CEO of Real Vision Raoul Pal was recently on Cambridge House’s YouTube channel for an interview by the CEO Jay Martin.

BitBoy Crypto Ben has made a breakdown of the smart investor comment about the current state of the financial market, the future of Crypto and what might happen in the near future.

Raoul was one of the only voices warning people of a financial crisis in 2008, everyone back then thought the market was killing it, however they were about to get killed themselves and meanwhile they were some major red flags going up indicating that a large bubble was coming at that time.

Of course no one listened and now with the recent pandemic, Raoul believes the same thing is about to happen again and calls it a 3-phase cycle in which ultimately the US economy will become insolvent.

Mostly because he believes another lockdown is looming in both United States and Europe, scary stuff for economy reasons alone. The stock market continue to climb and more people more than ever jumping -thanks to the wallstreetbets war- on stock exchange, but Raoul believes there is something going that most people can’t see [economy moving in opposite direction of investors interest].

Ben says he feels the chill of the Raoul comment and interview in general which was made before the rush of dumb money in stocks and everyone he knows think they are the Wolf of Wall Street. Raoul believes something big going on under the surface we can’t see is about to be exposed and the market can pop.

Ben says he strongly believes in what Raoul states and stressed how important the monthly close was for Bitcoin. After reaching a peak of $42,000 we found ourselves in the midst of a 30% crash and says 25-40% pull back are normal for Bitcoin in a bull market for Bitcoin.

Raoul Pal made an exact inference point in the interview;

“All price cycles have 30-40% crashes”.

The dip was harsh[Bitcoin], a lot of people rushed into the market with FOMO after Bitcoin hit 40k, and a 30% drop mean a lot of people -mostly new retail investors- got wrecked. Raoul Pal believes one way to optimise your portfolio during these drastic crashes is ‘buy the dip’.

“If I get anymore cash, I will just buy the dip and I will be tilting it more towards Ethereum than Bitcoin, 80-20 to Ethereum because I think it’s going to outperform Bitcoin.”

Raoul Pal, when asked how bullish he is on Ethereum, says he is looking at 16x from it’s current price[$1,200] about $19,200 because he believes Ethereum is very identical to Bitcoin and could follow Bitcoin 2017 cycle in price, number of wallet addresses in market cap.

Primary Sidebar

LATEST NEWS

SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity

June 27, 2022

Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes

June 27, 2022

Ethereum whales have intensified their accumulation of MATIC in the past week

June 26, 2022

Cardano launches EVM sidechain application for developers to facilitate network interoperability

June 25, 2022

Charles Hoskinson proposed software-enabled crypto self-regulation to the US Congress committee

June 24, 2022

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Cardano has updated its proposal to hard fork the network testnet in anticipation for the Vasil’s mainnet upgrade June 28, 2022
  • SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity June 27, 2022
  • Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes June 27, 2022

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Cosmos (ATOM) COTI (COTI) Decentraland (MANA) DeFi Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2022 · Today in Crypto · Terms & Privacy · Log in