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The Cryptocurrency beach ball can only stay submerged for so long.
Macroeconomic investor Raoul Pal makes startlingly accurate predictions (what he refers to as forward-looking indicators). He is a former hedge fund manager and economic historian who simplifies financial concepts using witty analogies and historical allusions.
He frequently gambles on what might occur in the future. When he gets it wrong, the internet freaked out and erupts in fury.
When he is accurate, people continue living their lives.
Pal currently claims that we are getting close to the liquidity cycle’s bottom, but we’re not there yet, so you should wait a little while more before dipping your toe in the water.
The money flow indicates which sectors are moving, therefore the liquidity cycle lets you decide when and what to invest in.
People typically invest in commodities when inflation is high and the economy is uncertain, which explains why tech stocks and cryptocurrencies have had sell-offs recently.
Pal thinks that the cryptocurrency sell-offs are about to level out. He conducts three analyses before drawing a judgment.
- Change in interest rates throughout time
- Dollar change at a certain rate
- Change in commodity prices at a certain rate
According to Raoul Pal, the aforementioned three regions demonstrate how scarce money is and must decline in order for us to witness a bottom in the bitcoin market.
According to him, if they fall, it will relieve market pressure and is a sign of a pivot, which he believes will take place within the next six months.
Raoul Paul states:
Those things give us a growth shock ahead that is quite sharp and severe.
The narrative you will see is that Marco is about to be terrible, so all assets must fall.
Look for the turn. In the next six months, the central bank will say, unemployment is coming up. Inflation is coming down.
If the rate of change stops, you stop the pressure on markets.
People are getting blown apart by leverage
According to Raoul Pal, the rising cost of borrowing will drive over-leveraged businesses and individuals to collapse.
Raoul Pal says:
Getting to the bottom of the liquidity cycle is like having a bunch of people in the street saying,
“hey buddy, can you lend me a buck, and you’ve only got five bucks.”
If ten people are asking, well, five people aren’t going to get it.
And that’s what happens at the bottom of the liquidity cycle. Those who really need money don’t get it, and they blow up.
Pal predicts a sudden realization among people that using leverage in cryptocurrencies is never a good idea since you always get caught.
When the knot is let free, you’ll be able to observe who is swimming in the open.
Leverage is the practice of using borrowed money to buy assets in the anticipation that the growth of the new investment would exceed the amount of borrowing.
According to Pal, this is gambling in terms of cryptocurrency.
March 2023 will mark the market bottom, making it the ideal time to buy
According to Raoul Pal, his signs point to a market bottom occurring by March 2023, followed by a gradual rise in recovery.
He thinks that due of the extraordinary pace and rate of bitcoin acceptance, when the pivot occurs, it will be like holding a beach ball underwater.
Raoul Pal:
We are now at the bottom of the macrocycle, and the beach ball is being held underwater.
Remember that new people are building in the ecosystem daily, and there’s new adoption.
People like ticket master have released 10,000 NFTS without anyone realising the scale of what is happening across crypto.
It’s ridiculous.
So the Beach ball is held underwater at the moment.
When quantitative tightening or rate rises stop, the beach ball will rise above the water.
You can’t hold it down.
Raoul claims that the reason he is interested at this time is that growth implosion is imminent.
He claims that the US has already experienced two periods of negative GDP. House and commodities prices have already decreased.
According to Raoul Pal, the market is about to change, and the risk to reward for cryptocurrency is somewhere between 20 and 50 times.
He did state that he is choosing cryptocurrencies that have network adoption benefits and are still in their discovery phase, which is why he isn’t putting all of his money into Bitcoin.
Raoul Pal:
Bitcoin is the least attractive of the major assets because it has more stability and further network effects; therefore, your growth decreases over time as you get further network effects.
Where would Bitcoin go in the next cycles? Who knows, let’s say $200k.
But then we look at the network adoption effects of Ethereum and how many people are building on the Ethereum network.
The growth there could be exponential.
Final Reflections
On Metcalf’s Law, Raoul Pal builds his investment thesis.
The concept implies that the network’s worth is based on its users, not just on its technological advantages.
Each new member increases the value and utility of the network for the other users, just like using social media or a phone does.
Raoul Pal chooses cryptocurrencies, on top of which there are applications due to network adoption.
This function is not provided by Bitcoin. It serves as a digital commodity and a store of value.
Although it is unknown where Raoul Pal puts his money, he is said to be very interested in the following Blockchains due to the possibility of network adoption:
- Ethereum
- Solana
- Avalanche
- Algorand
It’s important to keep in mind that Raoul Pal, who has a net worth of $45 million and retired at age 36, lives tax-free in the Cayman Islands.
Because of his cash excess and his ability to time the market well, he may take chances on assets that haven’t proven themselves.
He must also conduct due diligence on these assets and choose the ideal moment to make his investment.
If one needs to play it safe, a one may stick with more stable cryptocurrencies such as Bitcoin and Ethereum.
In March 2023, we might or might not hit a bottom.
C+Charge Presale
Whereas investing during winter can prove challenging, there are some opportunities that could turn out to be immensely profitable in hot sectors such as the electric vehicle area.
A new blockchain-based technology called C+Charge aims to reward owners of electric vehicles for using and charging their vehicles. Its native token, CCHG, is now on presale and could offer a tremendous opportunity.
Transforming the EV Space
The use of electric vehicles has significantly increased during the past several years on a global scale. The eco-friendly substitute for the conventional automotive sector has evolved as it yearned for a change. People may buy EVs and take part in the green revolution thanks to businesses like Tesla, Rivian, and others.
????Every action, every thought counts – If not now, then when?????
Join our presale today and fight against global warming????
????????https://t.co/ixe18bPqzI— C+Charge (@C_Charge_Token) December 29, 2022
Although the number of EVs is increasing globally, the market is still open to disruption. By bringing the idea of carbon credits into the charging area, C+Charge aims to bring the advantages of blockchain technology to the EV market.
EV drivers can benefit from carbon credits while charging their vehicles using C+Charge. The platform aspires to provide a charge payment system that offers consumers the best possible value in terms of privacy, utility, and verifiability.
C+Charge wants to make EV owners’ experiences more seamless by optimizing the charging infrastructure for EVs. The platform’s creators observed that the current infrastructure for charging vehicles is still incredibly inadequate and unable to keep up with and meet the rising demand for EVs. Additionally, the sustainability of some charging stations can be questioned because more of them continue to link to electrical networks.
Another issue that C+Charge seeks to address is the absence of uniform pricing. Utilizing a blockchain to do business ensures transparency and trust in pricing.
Greater Owner Benefits
C+Charge will inject carbon credits into the EV charging zone after resolving these problems. As users charge their vehicles, it will compensate them with carbon credits, adding to the incentive to use and charge EVs.
The C+Charge platform also has a mobile app that will undoubtedly be helpful. Users can monitor their credits, balances, and prices at various charging stations using the smartphone app. Users of the app can locate charging stations nearby, which is useful if they’re on the go.
The app can also diagnose users’ electric vehicles to determine which components require maintenance, repair, or replacement.
“CCHG Token”
The native token used by C+Charge is named CCHG. The cryptocurrency asset, which is based on the BNB Smart Chain, enables customers to conveniently pay for charging their EVs at any C+Charge-managed station.
☀️⚡️New York City ordered an additional 71 solar-powered #EVcharging systems from @BEAMforall
✅ At C+Charge we offer an easy, transparent payment solution to all charging stations
Join our presale now ⬇️https://t.co/ixe18bPqzI pic.twitter.com/Ah0erVzQv5
— C+Charge (@C_Charge_Token) December 30, 2022
Since the CCHG cryptocurrency is deflationary, units are eliminated after being exchanged for money. The asset will be used more as the number of charging stations increases over time, making it scarcer owing to its tokenomics.
The C+Charge mobile app allows users to track their CCHG balances, and the platform’s creators want to gradually add more features.
How to Buy CCHG
CCHG is available on presale and raised over $45,000 in its first stage. Investors looking to purchase CCHG tokens can follow the steps outlined below:
Download a Wallet
First, investors would need to get a self-custodial wallet. We recommend Trust Wallet or MetaMask.
Connect the Wallet
After wallet installation, go to the C+Charge presale page. Click the “Connect Wallet” button and follow the on-screen prompt.
Fund the Wallet
The next step will be to purchase BNB or USDT to buy CCHG. The assets can be purchased directly from centralized exchanges or wallets.
Buy CCHG
After funding the wallet, investors can proceed to buy CCHG. Click on the “Buy with USDT” or “Buy with BNB” button and complete the purchase directly.
Visit C+Charge Now
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