Pal shared that his main crypto bets are Solana (SOL), which he sees as the “main game,” Sui (SUI), which he is betting will continue to do well, and meme coins like Smoking Chicken Fish (SCF) and Dogecoin (DOGE). In addition, the trader mentioned that he is also focusing on cultural NFTs as part of his long-term portfolio.
Michael Saylor responded to Pal’s post, noting that Bitcoin misses him, suggesting that Pal is less focused on the leading cryptocurrency.
Pal’s response was that he does not have the same financial standing as Saylor, and while he still believes in Bitcoin’s future, his current role requires him to take risks and invest in other assets. He explained that he is now focused on generating the highest returns, which means investing in riskier assets and moving away from a Bitcoin-centric strategy.
Thus, he revealed that he was an early Bitcoin investor, buying his first BTC when it was priced at $200. Pal then claimed that he has outperformed Bitcoin since his initial investment and continues to prioritize returns over loyalty to any particular crypto asset.
In another branch of this debate, Raoul Pal emphasized that the only goal is to generate profit while contributing to the growth of Web3 and clarified that there is no Ethereum (ETH) in his portfolio aside from NFTs.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
