Former Goldman Sachs executive Raoul Pal: Pullback in the crypto market is normal, maintain a long-term investment perspective.

DeepFlowTech
BTC3,6%

According to Deep Tide TechFlow news, on November 17, former Goldman Sachs executive and founder of macro research firm Real Vision Raoul Pal posted on social media, urging investors to stay calm during market fluctuations. Pal shared his investment experience since buying Bitcoin at $200, having gone through several significant pullbacks (-85% and -70%). He emphasized that fluctuations in the Crypto Assets market are normal, with Bitcoin typically experiencing multiple pullbacks of over 35%, while quality alts may drop by more than 60%. Pal advised investors to follow the DFTU rule, broaden their investment horizons, enhance their patience, avoid frequent trading, and adopt the DCA strategy. He called Crypto Assets “the best-performing asset class of all time,” reminding investors not to give up long-term investment opportunities due to short-term fluctuations.

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