Raoul Pal Dedicates 50% of his Investment Portfolio Towards BTC

Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • Few days ago, Pal tweeted his decision to dedicate 50% of his investments in BTC. 
  • He also accepts the fact that it is possible that Bitcoin may ultimately be nosedive to $0.
  • He claimed that BTC is better than gold at every aspect except it does not have a history 10000 years. 

The founder and CEO of Global Macro Investor, Raoul Pal has shifted 50% of his portfolio to digital currencies, to be specific BTC. Few days ago, Pal tweeted his decision to dedicate 50% of his investments in BTC. 

Well Aware of the High Risks Associated With his Investments

The investment strategist believes that BTC is the hardest form of money and that it is the best reserve asset and best collateral asset that exists as of now. He has also asked the Bitcoin community as to how much at maximum he should in BTC. However, Pal is well aware of the high risks that are associated with the investment and has advised that this isn’t something that everyone should go for until and unless they are ready to face high unpredictability. He also accepts the fact that it is possible that Bitcoin may ultimately be nosedive to $0. 

Pal Extremely Bullish on BTC

Pal clarified why he is being irresponsibly long about bitcoin. The reason is that he does not utilise leverage. He totally accepts the fact that he may face a 50% drawdown in his deal. He measures his allocations with respect to his liquid assets and not with his house. His key to a better portfolio is a constant income stream. Previously, Pal has claimed that he is extremely bullish over BTC, which could be understood by his portfolio allotments. According to him BTC is the world’s best trade because of it’s fixed supply and the nature of its transactions. Because they are immutable, decentralised and distributed they are extremely safe and secure. He claimed that BTC is better than gold at every aspect except it does not have a history 10000 years. 

BTC is an Asset With True Value Because of its Fixed Supply and Security

BTC has a finite supply and has a supreme security system which makes it an asset with true value. Pal further anticipates that BTC’s value will soon surpass the price of equities just because of its pristineness as a collateral. The value of the crypto tends to grow during collateral shortages or recessions which makes it harder to access and consequently only strong investors get hold of it. Thus it allows the business cycle to move smoothly even during financial instability. As of now Pal also holds ETH along with BTC and has predicted that BTC can even go up by 50x or even 100x.

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