"The REAL Reason Bitcoin, Ethereum & Solana Are About To Explode" - Raoul Pal
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Macroeconomics expert Raoul Pal just revealed the real reason crypto is about to explode.
And it’s probably something you are experiencing yourself.
Over the past 2-3 decades, cost of living all over the globe has gotten completely out of control. Wages have stayed the same whilst asset prices has soared.
Young people can no long afford homes or basic assets & even basic needs such as food & heating has gotten extremely expensive.
This has resulted in the deterioration of quality of life of normal everyday people all over the world.
What does this lead to?
Speculation and risk taking.
If you follow all the rules and you still are unable to afford a good quality of life, it forces people to move out onto the risk curve to try and take a gamble on a better life.
This is what fuels the speculation economy, such as gambling or buying lottery tickets.
In 2023, the United States alone spent $108 billion dollars on lottery tickets.
It’s this speculation & debasement of money, that is going to fuel the rise of crypto & risky assets, such as meme coins.
However, crypto has one thing that the lottery or gambling doesn’t have.
The odds are actually in your favour, as it is following a trend upwards, whereas the lottery or gambling is merely complete randomness.
This is why you are still early to crypto and why it’s the biggest gift in terms of wealth generation of all time.
Make sure to stick around to the end of the video where Raoul breaks down not only his current crypto portfolio, but also breaks down where we are in the cycle.
TIMESTAMPS:
00:00 The REAL Reason Crypto Will Explode
1:19 Intro - Raoul Pal's New Prediction
2:58 What No One Understands...
4:17 Best Crypto Strategy (Big 3)
8:01 When to SELL Your Crypto?
9:57 Last Cycle There Were 3 Breakouts...
11:24 What Will Explode This Cycle? 2 ecosystems
13:30 Bull Run Hasn't Even Started...
About Raoul Pal:
Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform, which helps members understand the complex world of finance, business, and the global economy.
#Bitcoin #Crypto #Investing
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Twitter: / jamintree
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"When Should You SELL Your Crypto In 2024 and 2025?" Raoul Pal on Exit Strategy & Crypto Prediction, Bitcoin & Ethereum, Solana
"The REAL Reason Bitcoin, Ethereum & Solana Are About To Explode" - Raoul Pal