Raoul Pal on 4-Year XRP Bet: From ’Moron Trade’ to 5.5x Gain
Raoul Pal wey be former Goldman Sachs strategist and Real Vision founder don dey hold XRP since June 28, 2021, wen e buy am for around $0.60. E first call dis kind cheap momentum trade as “moron trades” to describe retail investors wey dey pick cheap tokens without deep analysis. Later, Pal talk sey e no meant to insult anybody but to describe di style, and say e entry early show sey e get discipline and patient for how e take put money. For four years, XRP price don waka reach about $3.15, make profit about 5.5 times. Things wey push am include better regulation clarity, more big investors dey gather XRP, open interest for XRP futures dey rise, and good on-chain signals like MVRV golden crosses. Pal confidence even when SEC legal matter dey uncertain show sey XRP fit be good long-term asset if you buy am for opportunity. This disclosure make plenty crypto investors get confidence and show how patient and disciplined long term holding fit bring big returns for market wey dey volatile.
Bullish
Raoul Pal show say e get four-year XRP position mean say e sure well well about di token long-term value. E don gain 5.5× since e enter for $0.60, dis one na because regulatory clarity, whale dem dey buy, and bullish on-chain signs, e make trader dem dey feel good about am. For history, when big people support plus clear entry points dey, e fit make short-term momentum high as traders wan benefit from di confirmed breakout. For long run, as people gather more even with legal wahala, e show say base strong and fit still go higher. Overall, dis tori mean say XRP side dey positive, and e fit make small-small buyers and big buyers increase how much dem hold.