Former Goldman Sachs hedge fund manager explained that XRP has attracted attention.
A leading macro strategist and former Goldman Sachs hedge fund manager said in recent statements that XRP is now gaining attention.
Raoul Pal, former Goldman Sachs hedge fund manager, recently stated that he has invested 98% of his liquid assets in Bitcoin (BTC) and owns very little Ethereum (ETH). Judging by the latest statements, XRP also seems to have entered the radar of the famous strategist.
Strategist Investigates XRP
Expressing that he has started to warm to XRP in his recent statements, Pal stated that he now has a basic understanding of the third largest cryptocurrency in terms of market volume, but has not yet invested in XRP.
On the other hand, Pal 's statements about XRP seem to have divided Twitter into two. But Pal says that the critics are trying to impose their opinion. “If someone tells me not to research Ripple, I will go and research Ripple because nobody can tell me what to do. I will find out for myself what the flaws and potential benefits of XRP are and evaluate the possibility myself. I can also draw exactly the same conclusions as you. I can come to completely different conclusions. " makes the description.
"Do Independent Studies"
In his statements, Pal states that investors should always be committed to investment opportunities and make independent decisions. Also, according to Pal, investors should always analyze whether the market is below the potential value of a particular asset.
Judging by Pal's statements, the famous strategist recommends that investors do their research independently and evaluate assets properly. Thus, each investor takes his own risk.
"I don't have XRP investments"
Although he stated that he has started to research XRP, Pal also determines that there is no XRP investment yet and that he will not enter this discussion. In addition, Pal as an example asks his followers to think that there is a 10 percent chance that the value of XRP will increase, but its market gives XRP a 0.5 percent chance. In this case, he states that the risk / reward equalization will be wrong and this will create a great opportunity.
Finally, Pal says that macro investors often have a unique perspective on the markets, and urges crypto enthusiasts to be open-minded about what is required to bring new money to the market.
Pal also touched on his remarks about Bitcoin regulations and said, “I understand that some of the crypto community doesn't like it because it feels like we're abusing this space, but as I talk about regulation, I also upset people when I say that regulation is a good thing. But if you want to get rich, people will have to come to the market. " using expressions.
