Raoul Pal: The Journey Man AMA: How The Everything Code Changed The World Forever ft. Julien Bittel
33 snips
Jun 30, 2024 
Expert Julien Bittel and Raoul Pal tackle the Everything Code's impact on economic indicators, dollar cycle, Latin America investments, crypto market cycles, rate cuts effects, Tesla investment, and dollar decoupling. Insightful analysis on growth potential, liquidity management, and market responses to Fed signals.
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Take Chips Off, Don’t Try To Time Peaks
- Don’t try to time selling your entire crypto position at cycle peaks; instead take lifestyle profits and hold core exposure.
- Use pullbacks to add to conviction rather than trying to perfectly sell high and buy low.
Start With Majors, Keep A Small Play Portion
- If you're new to crypto, allocate ~90% to major coins and keep ~10% for experimentation.
- Learn volatility with small stakes and avoid overtrading until you're experienced.
Liquidity Comes From Many Hidden Channels
- Liquidity isn't direct transfers to consumers but currency debasement via many channels (TGA runoff, Fed stopping QT, reverse repo drain, fiscal measures).
- Multiple public and private mechanisms can inject trillions of dollars into markets.