Raoul Pal, the founder and CEO of Real Vision, announced on his Twitter account the altcoin projects that he sees great potential in the long term.
All investors were excited to see the new all-time high of $4,400 in Ethereum, the second largest cryptocurrency.
Raoul Pal pointed out that with the appearance of the new ATH, positions in Ethereum are now more than Bitcoin. “now irresponsibly long on ETH” He stated that he even added leverage to his position in Ethereum.
Pal also stated that his transaction in ETH was “by far the biggest personal position of my entire life” and said he expects to see big moves in ETH when.
“Right now I am irresponsibly long on ETH. I now have leverage. This is by far the biggest personal position of my entire life. I expect big moves in Ethereum to happen in 6 to 9 months.”
When a user asked Raoul Pal about his ETH position, “Sometimes you want to take a risk. In this case, it is necessary to think that the rewards will compensate for this risk.” He said he was willing to take the risk.
The former Goldman Sachs executive has listed promising altcoins in the crypto industry after revealing in his ongoing tweets that he also owns Bitcoin and a host of other cryptocurrencies.
Obviously I own BTC and a bunch of other cryptos too. But I think the future is in “Rally, Chiliz, Dapper Labs, The Sandbox, Decentraland, and other metaverse and social tokens,” which are underpriced coins.
I’m not promoting them as big long-term investments. I’m not after quick wins with strategic bets like this, so don’t follow me around waiting for a pump.
I obviously also own BTC and a whole bunch of other crypto (layers 1’s, Defi and interoperability stuff).
I think the most undervalued plays for the future (not now) are @rally_io , @Chiliz , @dapperlabs , @TheSandboxGame , @decentraland , and other metaverse and social tokens
— Raoul Pal (@RaoulGMI) October 29, 2021