Raoul Pal Urges Crypto Investors: ‘Do Not Use Leverage, Do Not Lose Your Mind’
Raoul Pal, founder and CEO of Real Vision on Wednesday cautioned crypto investors against letting excitement cloud their judgment, emphasizing that now is not the time for Fear of Missing Out (FOMO).
What Happened: Addressing his followers on microblogging platform X, Pal urged restraint, reminding investors that the last eight months were the ideal period to add to their holdings.
The well-known macro investor, who is set to speak at Benzinga’s Future of Digital Assets event on Nov. 19, stressed that staying level-headed is crucial as the market reaches new highs.
Avoiding FOMO And Recognizing Market Cycles
Pal’s message is clear: investors should be wary of excessive leverage and be prepared for potential pullbacks, as he anticipates the possibility of 30% or more declines even during bull markets.
He emphasized, “Don’t lose your minds, do not use leverage, do not lose your mind and FOMO into too much.”
His words resonate deeply as Bitcoin (CRYPTO: BTC) and other digital assets hit new peaks, amplifying the risk of hasty investment moves.
Pal’s experience with market cycles has made him a sought-after figure in the crypto industry, with his perspective carrying weight …
About The Author
