Want to know what coins a macro researcher with 20 years of experience in traditional finance would buy in this cycle? Former Goldman Sachs hedge fund manager Raoul Pal provided his answer: he allocated 90% of his funds to $ETH $SOL $SUI $DOGE.

Raoul Pal is a senior figure in the finance industry with extensive experience. He started his career in 1990, joined Goldman Sachs in 1997 to engage in hedge fund sales, founded the Global Macro Investor in 2005, and established the Real Vision financial media platform in 2014.

He is a staunch BTC bull, believing that current market liquidity is entering, and the debt refinancing cycle will push cryptocurrencies into a "banana range" leading to a vertical rise. He predicts that during this cycle, the market cap of cryptocurrencies will grow 5-7 times, with SOL likely performing the best, potentially increasing by 8 times or more, followed by ETH, and BTC is expected to double or triple.

In terms of asset allocation, Pal follows the rule of investing 90% in mainstream assets and 10% in others. He is particularly optimistic about SOL, believing that despite its price volatility, it has a strong community, excellent user experience, outstanding technology, low-cost NFT issuance capability, and fast transaction speed, with the ecosystem accelerating its growth. For Sui, he values its technological innovation and superior market performance, as well as its price trend. Doge is favored due to its strong cultural identity and broad community support, especially considering Elon Musk's influence, and its trading charts indicate significant price fluctuations every four years.

Pal also emphasized three investment strategies for cryptocurrencies: first, to establish a connection with the community, valuing community and value over short-term profits; second, to recognize that the scarcity of tokens lies in attention, capturing market attention; third, to invest heavily in relatively safe assets and hold them long-term while betting a small amount on high-risk "new products."

He advises investors that the market cycle is urgent, with potentially only 6-8 months to make money, urging them to adjust their risk ratio and find a balanced investment portfolio. Meanwhile, he encourages investors to look for buying opportunities during market downturns rather than panic-selling, as the market is expected to grow in the long run.