Grant Cardone - 'No one is going to trade Bitcoin for a house', Ex-Goldman Raoul Pal Bullish On Solana, 📈 DOGE Millionaire Sees Ethereum to $15,000

I attended Bezinga's Digital conference today in New York City. The event was full of fintech professionals trying to understand crypto better. Companies like Blackrock, Cardone Capital, Franklin Templeton, S&P, and DTCC participated in discussions and panels to share their views and involvement in crypto.

Wish I had recording of all of them but will plan it next time. However I will give some scoop of what happened on few of the topics today and will explain more in the coming days depends on the feedback of readers.

Alright… Lets dive in… 🚀

Scoop in this issue…. 6 minute read…

✍️ No one is going to trade Bitcoin for a house - Grant Cardone

✍️ Personal Story of Grant Story - How Grant Cardone Started with Bitcoin

✍️ Ex-Goldman Banker Raoul Pal Bullish On Solana and the Mems

✍️ DOGE Millionaire Sees Ethereum to $15,000

I began the day by listening to Grant Cardone talk, which was really cool. There were many talks and networking sessions where I got to meet some amazing people in the crypto and fintech fields throughout the day. Lets start with Cardone !

✍️ Grant Cardone - “ No one is going to trade Bitcoin for a house”

Grant Cardone, a renowned real estate mogul and motivational speaker, has made a bold prediction that interest rates will plummet to 3% within the next two years.

• Cryptocurrencies are seen as a parallel investment to real estate.

• A unique strategy combining real estate cash flow with Bitcoin investment is proposed.

He emphasized the similarities between real estate and crypto investors, noting that both value scarcity. He highlighted real estate's advantage of generating cash flow, which provides a consistent return on investment.

Although Cardone supports the concept of real estate tokenization, he expressed skepticism about its current technological viability.

Instead, he proposed a unique investment strategy: investors should consider dollar-cost averaging the cash flow generated from their real estate investments into Bitcoin.

This method offers a way for conservative investors to gain exposure to cryptocurrencies without directly participating in the often volatile crypto market. This approach combines the stability of real estate with the growth potential of Bitcoin, providing a balanced investment strategy.

Grant Cardone suggested that President-elect Donald Trump might pressure the Federal Reserve to lower interest rates, potentially bringing them down to 3% within 24 months.

He highlighted that such a move could significantly impact both real estate and cryptocurrency markets, creating opportunities for growth and investment in these sectors.

Grant Cardone shared a personal story at the Benzinga conference, revealing that he first acquired Bitcoin when it was trading at $500, accepting it as payment for a $50,000 speaking engagement.

He bought more Bitcoin when it was priced at $30,000 and plans to keep it for a long time, seeing it as a way to pass on wealth to future generations.

Cardone expressed disinterest in investing in gold or stocks, stating he does not want to "trade one piece of paper for another piece of paper."

Instead, he advocates for innovative strategies, such as dollar-cost averaging real estate-generated cash flow into Bitcoin, appealing to conservative investors who wish to gain exposure to cryptocurrencies without engaging directly in the volatile market. He also suggested that President-elect Donald Trump could pressure the Federal Reserve to lower interest rates, which could significantly impact both real estate and cryptocurrency markets.

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Ex-Goldman Raoul Pal Bullish On Solana 📈

Raoul Pal, CEO of Real Vision, recently shared his optimistic outlook for the crypto market, predicting a significant liquidity surge he terms the “banana zone,” which he believes will drive prices higher.

He emphasized that meme coins will dominate this cycle, allocating 10% of his portfolio to this sector.

Among his key picks are Dogecoin (DOGE/USD) and a new entrant, Smoking Chicken Fish. Pal finds Dogecoin particularly fascinating, noting its pattern of forming a massive wedge every four years, staying quiet, and then suddenly exploding.

Pal views the meme coin trend as indicative of the “tokenization of culture and communities,” a development he believes could spur larger advances in the crypto sector. Despite acknowledging the risks, he stresses the importance of risk management when investing in this volatile market.

He sees cryptocurrencies as a significant opportunity, especially for younger generations struggling to afford housing on an average salary.

✍️ ✍️ DOGE Millionaire Sees Ethereum to $15,000

In the ever-evolving world of cryptocurrencies, predictions often capture the imagination of investors and enthusiasts alike. One such notable forecast comes from a self-proclaimed DOGE millionaire, who envisions Ethereum (ETH) reaching the staggering price of $15,000.

The Bullish Outlook

The DOGE millionaire's optimism is rooted in several key factors and belives Solana will go parabolic as Bitcoin climbs higher.

Why $15,000?

While $15,000 might seem ambitious, the DOGE millionaire's forecast is not without precedent. During past bull runs, Ethereum has demonstrated the ability to achieve substantial price increases.

As Ethereum continues to evolve and gain traction across various sectors, its potential for significant price appreciation remains a topic of keen interest among investors.

Whether or not it will hit the $15,000 mark, Ethereum's trajectory appears promising, fueled by technological advancements, growing adoption, and a supportive community.

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Thats it for now. Hope you enjoyed this educational newsletter and helps you understand more about crypto space.

See you in our next edition with more info ! Thats it for today !

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