2min snip

Raoul Pal: The Journey Man cover image

The Secrets of Crypto Hedge Funds ft. Richard Galvin

Raoul Pal: The Journey Man

NOTE

Embrace the Upside: Stay Committed to Growth

Holding a long position in an asset class with exponential growth potential is crucial for maximizing returns over a long horizon. Capturing gains in highly volatile markets, such as cryptocurrency, often hinges on being present during concentrated periods of performance, where a significant portion of annual returns can be accrued in just a few days. Attempting to reduce volatility can inadvertently lead to missing out on substantial gains, as timing the market is notoriously difficult, even for experienced traders. Instead of trying to smooth volatility, focus on making sound allocation choices within a fundamentally strong asset class to leverage the inherent tailwinds and optimize investment outcomes.

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