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Real Vision co-founder says investors are best off holding Nasdaq and Bitcoin

October 04, 2026, 10:20 PM
Real Vision co-founder Raoul Pal advised crypto and traditional finance investors to keep their portfolios simple and centered on the Nasdaq and Bitcoin. Speaking on the TRADESECRETS podcast, Pal said most retail investors tend to overcomplicate their investments by chasing small-cap altcoins in search of outsized returns. He added that investors willing to take on slightly more risk could substitute major Layer 1 assets for small-cap altcoins, but should avoid indiscriminate token picking. Pal said, "Most people make things overly complicated by chasing the next coin to explode from $100,000 to $100 million, and 99% of investors will not outperform simply holding those assets."

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