Tom Bilyeu's Impact Theory Survive the Global Recession and Build Massive Wealth | Raoul Pal (Replay)
Bitcoin and Ethereum
- Bitcoin is considered sound money due to its fixed supply, unlike fiat currencies prone to government manipulation.
- Ethereum, as a programmable platform, has broader applications and faster adoption.
Dollar-Cost Averaging
- Raoul Pal advises against market timing and suggests dollar-cost averaging instead.
- He shares how his sister learned to invest by dollar-cost averaging into crypto.
Crypto Investment Strategy
- Invest in crypto using dollar-cost averaging based on a thesis, focusing on the break-even point.
- Tom Bilyeu shares his crypto investment approach and the importance of a long-term view.
On This Page: Wishing your way to wealth and success, complaining about who is wealthy, and riding the wave of misplaced time, money and effort is not why you’re here. Stock markets, investment portfolios, 401Ks, and bank accounts look like the stuff global disasters are made of.
You’re living through weird times and having a biological experience of unforeseen proportions when you look at the global economic sh*t storm we’re in. So the top 5 ideas and people you’re spending your time with really matters, perhaps more than ever before. Perspective is key, and you get to decide if you’re living in a friendly or hostile world.
Raoul Pal, CEO and co-founder of Real Vision, has some ideas that can certainly help average up how you think about getting through our current recession. Whether your money is all in crypto, in a 401k that’s reduced by half, or in none of the above, the ideas that Raoul shares in this episode may be some of the most important ideas you’ve ever heard.
Are you still living and acting based on an American Dream that died decades ago? Does the thought of buying during a market drop scare you or excite you? Listening to these conversations between Raoul and Tom is going to break some of your ideas apart and allow you to put together a new and improved perspective that will allow you to thrive during this recession and maybe even get a little excited.
[Original air date: 9-3-22].
SHOW NOTES:
0:00 | Introduction Raoul Pal
0:27 | Thrive in the Economic Collapse
41:39 | Crypto 101 Masterclass
1:11:59 | Recession 101 Masterclass
1:41:51 | The Biggest Opportunity
2:13:30 | Adapt to the Changing World Order
CHECK OUT OUR SPONSORS
Range Rover: Explore the Range Rover Sport at https://landroverUSA.com
Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com.
Netsuite: Download the CFO’s Guide to AI and Machine Learning for free at https://netsuite.com/theory
Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact
Momentous: Shop now at https://livemomentous.com and use code IMPACT for 20% your new Momentous routine.
Follow Raoul Pal:
Website: https://www.realvision.com/
Twitter: https://twitter.com/RaoulGMI
FOLLOW TOM:
Instagram: https://www.instagram.com/tombilyeu/
Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en
Twitter: https://twitter.com/tombilyeu
YouTube: https://www.youtube.com/@TomBilyeu
What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.
LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory
Learn more about your ad choices. Visit megaphone.fm/adchoices