Macro guru and former Goldman Sachs executive Raoul Pal predicts Cardano and other altcoins will massively outperform Ethereum in a bullish environment.
In a new interview on Crypto Banter, the chief of Real Vision describes his crypto portfolio strategy using analogies from traditional financial markets.
“In traditional markets, once an established trend takes place, you move out the risk curve. So from Bitcoin, being like government bonds, you then go to Ethereum which is like corporate bonds, and then you go to junk bonds, which is all the other stuff, and then private-sector lending. So I’m just moving out the risk curve because the trend is established, and I know that in a bull market, ETH will outperform Bitcoin and alts will outperform ETH.”
As Pal moves out of the risk curve, he says he doesn’t necessarily know whether individual crypto projects like Cardano (ADA) will ultimately succeed. But according to the macro guru, an altcoin season means that