Raoul Pal, one of the former executives of US banking giant Goldman Sachs, announced that the right time has come to enter the cryptocurrency market.
Formerly a director of Goldman Sachs and currently Raoul Pal, CEO of Real Vision In a recent post, to buy Bitcoin (BTC) and cryptocurrencies we are just in time suggested. In the CEO statement, macroeconomic conditions citing that the US Federal Reserve (FED) has recently have to inject more dollars into the market He said he would stay.
In Real Vision Finance’s YouTube post, the moderator said “When is the right time to enter the cryptocurrency industry?Pal’s answer to the question was “It’s time”.
According to Pal, the Fed is trying to heal the wounds inflicted on the market by the long-standing interest rate hikes. will accelerate the printing of dollars and just like Covid-19 pandemic like the aftermath demand for risk products will increase rapidly:
The only way for the FED to cope with the economic disaster is to inject more liquidity into the market. In such an environment, the best performing asset is cryptocurrency and innovative technologies. Against gold and similar hard money, technology plus crypto represents the best strategy in my opinion.
On the other hand, artificial intelligence and other leading technologies Stating that it ignited a new era, Pal said that this trend crypto industry He added that he will push it to the rise.
Another name in the publication is the famous millionaire who is the author of the book “Rich Dad Poor Dad” Robert KiyosakiPal, in the past period “buy bitcoin“Thanks for the advice. Kiyosaki, on Pal’s advice 60 Bitcoins at $6,000 and that this move is almost that you changed your life he added.