Raoul Pal: How To Not F*ck Up The Crypto Goldrush | E76
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- @RaoulPalTJM is the Co-Founder and CEO of @RealVisionFinance / @RealVisionCrypto and the Founder of Global Macro Investors.
Raoul candidly opens up about dealing with massive FUD in early 2023, the impact it had on him, and how he not only overcame the FUD but also doubled down on personal branding and ended up being one of the few ones who publicly went all in SOL when it wasn’t a consensus trade last year.
We also go through many other topics:
- how the crypto industry is literally built to make you “fuck this up”
- where the big blow ups might come from this cycle
- why some NFTs are about to go Bananas and why Beeple and Xcopy are the alpha
- why Raoul is now more interested by NFTs than by meme coins
- how the biggest future builders, star-artists and celebrities are building just in front of us today and how this won’t last forever
- what’s the “next SOL”
- what could make Raoul change his mind on $SOL
- why people in their early 30ies are f*cked and why everyone has “2 jobs” today
- why buying Real Estate doesn’t make sense as an investment anymore and why it’s the same for any asset class except Nasdaq and Crypto!
- why diversification is dead
- Crypto, the super massive black hole!
- the Banana Zone (of course)
And much much more!
This conversation is a masterclass on how to build wealth in crypto over the next 8 years (not 8 weeks!) and on how everyone can benefit from this truly generational wealth building opportunity!
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Connect with Raoul👇
Twitter: x.com/RaoulGMI
Linkedin: / raoul-pal-real-vision
Instagram: / raoulgmi
Connect with Real Vision👇
Twitter: x.com/RealVision
Website: / realvisiontv
Connect with Kevin & When Shift Happens👇
Website: www.when-shift-happens.co/
Instagram: / kevinwshpod
TikTok: / kevinfollonier_
Linkedin: / kevinfollonier
Twitter (X): x.com/KevinWSHPod
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0:00 Introduction
1:36 JUP / MNT / ASTR Partnerships
2:48 Raoul's Mission
5:01 Make your own Choice
5:36 Who is Raoul Pal?
6:31 Getting into Macro
9:46 Taking the Leap
11:33 Shares VS Cash
13:17 Running a Hedge Fund
15:31 Importance of Intellectual Capital
16:33 Being Business Wired
18:39 Founding Real Vision
20:26 Conceptualizing Long Form Video in Finance
23:13 Explaining the 12% Hurdle Rate
25:46 Wage Deflation
27:32 The Retirement Crisis
29:03 How to Retire
31:09 Understanding Liquidity Cycles
32:50 “Number Go Up”
37:20 Market Yield and Traditional Finance
43:06 Self-Custody in Crypto
44:27 Secular Trends
44:21 Crypto VS NASDAQ
49:30 Thinking Exponentially
52:14 Diversification is Dead
53:48 Concentrated Bets
56:18 The Great Solana Bet
01:03:10 Shifting Crypto Narratives
01:05:11 Building Conviction at the bottom
01:07:56 Why you should be paranoid
01:10:16 When Raoul will change his mind on SOL
01:11:28 Cycle Transitioning
01:14:08 Making Crypto a Living
01:17:48 What will be this cycle's LUNA moment?
01:21:27 Deribit and Call Options systemic Risk
01:23:00 Leverage Risks
01:25:09 Learning by Doing
01:27:18 2020-2021 Cycle Lessons
01:28:50 Dealing with Massive FUD
01:32:01 Coping with Stress
01:36:58 Why Personal Branding is key
01:41:38 Power of Memes
01:43:46 “Don’t F*** This Up”
01:46:37 Why Crypto is a $100 Trillion asset class
01:50:59 Meme Coins VS Social Tokens
01:52:20 Are NFTs Dead?
01:55:00 Culture, Money, and Revolution
01:57:24 Luca Netz & Pudgy Penguins
01:59:39 The Magic of this Time
02:03:00 Banana Zone
02:06:17 Meme Coins
02:08:25 What's 'the next SOL?
02:13:30 Raoul's favorite Projects and Teams
02:14:42 Why Raoul has no Children
02:16:26 Next 12 Months Prediction
Thank you all for watching, if you could do me a favour - if you liked this conversation - hit the like button on the video, leave a comment and subscribe to the channel! 🙏🏻
Done ✅
Brilliant conversation 👏🏼
Done - love Raoul. Really impressed with your interview skills!
Fantastic!
in my opinion, it is better to gain money than to lose it, that's why I work with unimantic project, it is the best of all lines of projects at the moment.
With business sectors tumbling, expansion taking off, the Fed impressive enormous loan fee climb, while depository yields are rising quickly, and that implies more red ink for portfolios this second half of the year. How might I benefit from the ongoing unpredictable market? I'm currently at an intersection choosing if to sell my stock portfolio.
Since the market is currently volatile, I will recommend that you hire a financial adviser who can advise you on entry and exit points for the shares or ETFs you focus on
I concur. In light of individual experience working with a financial adviser, I presently have $1m in a very much enhanced portfolio that has encountered dramatic development. It's not just a matter of having money to invest in stocks. you also need to be knowledgeable, persistent, and have strong hands to support your investment
Please who's this advisor that guides you?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *KAREN* *MARIE* *GENDRON* for about five years now, and her performance has been consistently impressive.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
Raoul has done a lot of great pieces and interviews, but this one was particularly enjoyable. A nice blend of the main points of Raoul's thesis, a few more personal questions and all done in a very considerate, humble and grateful manner. Very nice to watch. Thank you both.
Thank you for watching 🫶
How can anyone not LOVE Raoul!?
Fact
Because they have significant others?🤣
I'm new in the crypto space and want to start up an investment. Can so someone please point me in the right path
Tradin requires good orientation of the market. You should look for a professional to guide you to avoid losses. (-Hailey - Gassmann-) . An expert i saw on CNBC has been trading for me with good returns and I will say she knows her job very well
I know Hailey too. I saw her on Bloomberg and since then she's been making money for me. Her analysis works perfectly well and I appreciate her sincerity and good work
I'm a client of her. What I like most about her is her politeness and sincerity and her ability to make successful trades. I'm grateful to her with all sincerity
I was so skeptical when I first saw recommendations about her. But I still invested. I was so excited when my first profit reflected in my wallet after one week.
Hello I have been making lot of loses from my account. Is she really good?
I've seen so many interviews with this genius-of-a-gentleman Raoul Pal, and this by far is in the top 5 of all-time! Great job!!!
What a great comment thank you 😃
Can you please list the other 4 🙏
I would also like to know what are the other 4.
@@sekondnature4368: th-cam.com/video/i9TXVjYBM3U/w-d-xo.html
@@sekondnature4368 th-cam.com/video/I6IraYngzgo/w-d-xo.html
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Jane Nina Pickett’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
Thanks for sharing, I just did a web check with her full names mentioned
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Jane Nina Pickett. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Jane's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Want to interview Raoul?
Tell him it's about macro markets and throw in some fine wine!
He's easy 😄
You forgot the bananas 😮
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!..
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Lorett Logan
success 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in last month 2024
You trade ?? Wow that's huge, how do you make that much monthly?
logan approaches trading in a completely unique way. I'm puzzled by her methods. She just seems to have an innate understanding of this trading world
I'm new at this, please how can I reach her?
Extremely enjoyable. First time viewer of your channel and saying that you did a great job of interviewing is an understatement. Keep it up and looking forward to more such interviews.
Thank you 😊
Never get bored of listening to the Banana man. One has to be a little bananas to survive (Seal/RP). The best financial education out there
Thanks for watching 🙏🏻
Love raoul’s work about everything code. this podcast between Luke and Raul may change my life
🫶
What is the best way to make money from crypto investment as crypto is turning around massively.?❤️
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Ms Joyce Albert as my t'rader. Her ability and produce big pro.fits,in my opinion is excellent
To be honest I invested as low as $10,000 because I was skeptical initially.Recieving my profit weekly without any attached fees gave me more confidence to reinvest
Goodness gracious I'm so excited seeing Ms.Joyce Albert been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a TH-cam referral like this.
Guys you've made my day! I've lost so much money on my own. How do I reach her please 🙏
Excellent interview (specially with the wine effect!). Raoul has definitely made a huge positive contribution to the world & also for me. Thank you for that. His contribution is similar to Satoshi (i.e. sharing valuable macro info for free which many of us dont have access to & making the complex world of money easier to understand & also in terms of how to avoid major (killer) mistakes with his "DFTU meme). He is the 6 million dollar man with a golden brain! Thanks to Raoul for bringing us the "life raft concept" and showing us a way to save ourselves!. Cheers. Live long & prosper :)
Thank you for watching!
I love the part where he opens up about being massively fudded, so authentic
One of my favorite parts too
I'm not watching this. I'm not because I started watching it on Raoul's channel. Regardless, I've given you a like and subscription.
Thank you 😊
Awesome pod! Raoul is a great asset. Don't let anyone tell you different.
Raoul is the man
This is a great video. It's as close as I'll ever get to having a beer with Raoul Pal! It's rare to see him really relaxed and sharing fun stories and anecdotes about crypto, these give us really good opportunities to learn from a seasoned pro, rather than just listening to his instructions. Thank you 🙏
The 2 glasses of wine probably helped a bit :)
Big Banger of an episode with the man Raoul PAL!!
Thanks for watching
Excellent interviewing. Direct questions and let the guest speak. A real pro, thank you
Thank you 😊
Just for clarity, staking with true liquid staking protocols like on Cardano; you always maintain custody of the asset. This is the best in class staking. Otherwise, yes , many protocols you lose custody when staking
The problem with staking with most protocol is slashing
@@when-shift-happens agree. Go to places without slashing - Cardano, Avax
This was a GREAT long-form interview with Raoul! Thank you!
Thank you!
Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 11.4Biitcoin... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape…..
Linda Wilburn program is widely available online.
Stayed up way too later watching this. Brilliant interview, great dialogue between you both. Instant subscription. Thanks for putting out genuinely enjoyable knowledge and content.
Hope it was worth a lil less sleep for the night!
Wonderful interview with RP. It was nice to hear he has suffered too, but bounced back. Best perspectives in the world. Superior knowledge. ❤
A true superior man
What a great interview - thank you both. Bring on the Banana
Thank you for watching 😊
I love the watch Raoul is wearing during the interview - anyone got an idea which brand/model that is?
Fantastic interview btw. - really enjoyed it!
Looks like the Rolex Daytona?
Raul Pal has changed my life for the better😎🙌
🙌🏻🙌🏻
such a good interview thank you both for your time
Amazing episode! THANK YOU! 👏🏼🙏🏼
💚💚
one of the best conversation n most logical one ever!
Thank you for watching 😊
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been superb
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Most undervalued channel. Thank you very much for bringing valuable guests
We coming with much bigger and better conversations / guests and hopefully more people taking notice in due time 😈
I gotta say this is one of the best interviews I've watched on the subject of crypto. Insightful questions, thoughtful and sincere answers. I came back to this over the course of a week to watch in segments and was delighted every time. Outstanding work, thank you for your contribution to this community and you've earned my sub.
Thank you and Welcome to the WSH Experience 😊
I could listen to Raoul all day 😊
Must be the british accent 😁
Raoul is one of the sharpest financial thinker... hope he's also right 😊
And he doesnt take himself too seriously
Absolute masterclass in imacro, investing and crypto, thank you for this gem of a conversation!
🙏🏻 🙏🏻
The guests keep getting better, pretty insane home run with Raoul!
And it will continue!!
Inspiring Podcast 💫
Thank you for watching 😊
How do I buy this Trivnex token?
Raoul is the man!! Very generous with his insights!
Solide framework and insights
The ONLY ONE voice you should listen to? Or You'll miss the boat
A wise gentleman
Great interview. Thank you for the honest, straightforward questions.
Glad you enjoyed it!
The video is super excited
Thank you Raoul!
The goat 🐐
Hey Kevin, why did you move to Singapore, when you are from Switzerland? I mean Switzerland is amazing.. I live here for 10+ years - originally from Denmark. I pay 0% tax on my crypto investments.. and the nature with mountains + lakes. It doesn't get any better than this imho..
Depends on your age and goals. Switzerland is great but pretty boring. If you are business minded and want to network with the top of the top it won’t be in Swissy (nor in Europe). Singapore is incredibly convenient, liveable, green, low taxes (much better in taxes than Swissy), it’s warm all year and ideally located in South East asia. And a lot of top crypto people live here. Makes it a no brainer to me :)
Love it. Raoul Pal I love your genuine approach! You gave a lot of gems today. Hopefully one day I can interview you ^^
So much buzz surrounding Trivnex, high time we put some hundreds and watch out it turns out
I just sub, great show bro and love Rao and Solana!
Thank you 😊
Insane alpha. Amazing discussion well done!
Thank you for watching ❤️
Great guest
Amazing guest indeed
Thanks mate, can you do a review for Trivnex?
Amazing conversation, thanks!
Glad you enjoyed it!
WOW Raoul Pal on the pod!
👀
Thank you Raoul
🙌🏻🙌🏻
Thanks guys 🙏❤️
🫶
Is this channel connected with diary of a CEO? Awesome interview btw, great chat 😊
His trailer guy feedbacks our trailers ;)
i love your content keep on going brother love from india
Thanks a ton :)
Hex and Pulsechain True defi Not your Keys not your Coins. Stake set and forget reward your future self . Coins goes up
Summary of the podcast? Banana zone!
Smart
Great video. Keep up the good work. Liked and subscribed! Look forward to see more of your content!
Thank you 😊
Great interview guys🙂
Thank you 😊
Thanks a lot Guys!
Our pleasure!
Awesome interview 😊
Glad you enjoyed it!
thats why we're building decentralised options on chain. We need more and we need to take share away from deribit
💯 🫡
raoul pal should listen to legends never die, because thats what he is. A freaking legend
He is a true legend indeed
Superb
Thanks 🤗
Legendary interview!
Thank you 🫵🏼🫶
It's easy to invest into Btc/sol and HODL when you have a substantial amount to begin with. But unfortunately the majority of the population need to trade and accept airdrops to build up to that point.
You should watch this podcast again if this is your take away
Brilliant discussion !
Thank you ❤
Crazy I was just thinking about the same in the morning about the catalyst that will trigger the next bear market!
Deribit owns over 90% of the options market, but who knows where the real blow up will come from? What’s sure is it will come!
Great interview
Thank you 😊
Thank you
🫶🫡
Where are the snacks with the wine???
Philistines.
One each side of the table 😏
@@when-shift-happens GREAT reply, and a great guest! Well done for the interview - watching over and over again :)
Brilliant talk
Thank you for watching:)
Great show !!
Thank you 😊
Great interview.
Thank you 😊
New sub thanks for the content
This is great!!
Thank you 😊
Yes mate, if Trivnex succeeds in delivering those mining efficiency products they'll dominate the space.
Brother, Trivnex APR is lit 🔥
Excellent. Merci
🙏🏻❤️
interesting conversation
Glad you enjoyed it 😊
This guy needs to interview himself...for hours
Isnt 2.5h enough? 😏
So don’t even stake our SOL? Or ETH?
You can unstake almost immediately and control your crypto. Why not enjoy the small % apy?
He walks the talk, never keep control of your coins
Great
Great interview. Quite insightful and I hope that wine was enjoyable :-)
I love the part about the Banana Zone and the super massive black hole!
A classic!
I think there is going to be a delay in seeing upward movement. There will be a period of limbo as the CFTC, SEC, and Banking regulators fight political battles over who should be in charge of ruling this space. Most people aren't ready to buy and hold for 7 years just to see a massive spike between year 7 and 8. People are already getting antsy.
This was gold!
🙏🏻
Lets go bananas!
Lfg 🍌
amazing
Glad you think so :)
🙌🏻🙌🏻
Why did I just discover you today
Better late than never ;)
I don't really agree with the yield discussion, I'm happy to farm and cover long positions by going short, I'm not exposed to volatility, the returns are excellent also taking into account the funding rate.
in fact what the ethena protocol is doing is an excellent idea but over time it will decrease all the returns elsewhere, they have changed the paradigm
We are midcurving and leftcurving this all Ser, you are right curve
I learnt there will be no vesting on Trivnex
You heard of trivnex too? Get so much more before the next bull market my friend.
Türkçe altyazılı 🙏
Don’t F it up, don’t sleep on Maneki 😴🚀🚀🚀
36:03 me watching this full porting meme coins 🗿
👀
I solely belive trivnex will do 20x after its launch price, the hype is high and its community are not relenting.
THE GOAT ON WSH!!
The goat