CZ says Bitcoin’s $100K breakout rewards investors who held through April’s 40% market pullback
Binance co-founder blames panic selling on poor crypto education and lack of conviction among users
Bitcoin rebounds from $74K lows as CZ reaffirms long-term holding strategy during volatile cycles
Former Binance CEO Changpeng Zhao (CZ) stressed the importance of holding crypto, making a timely post on X after Bitcoin retook the key $100,000 support level.
This latest Bitcoin move signals renewed bullish market sentiment, with most analysts now predicting a new all-time high.
The inability to hold often comes from a lack of understanding of tech, finance, and the world.
If you only bought bitcoin because someone else said so, your conviction to panic hold will be low.
More reading helps.
— CZ BNB (@cz_binance) May 9, 2025
CZ: Lack of Education Fuels Crypto Panic Selling
Zhao linked crypto users’ inability to hold assets through bear markets to a lack of thorough education. According to the Binance co-founder, the ineptitude to hold often comes from a lack of understanding of tech, finance, and the market dynamics.
Related: CZ Scoffs at Bitcoin …
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