The founder of Binance offers advice to frightened sellers!
"Changpeng Zhao," known as "CZ," the founder and former CEO of Binance, delivered a direct message to Bitcoin investors
who sell out of panic during downturns, emphasizing that this behavior often results from a lack of deep understanding of the technology behind Bitcoin, finance, and financial markets.
As the price of Bitcoin rises to $103,800, "CZ" stressed through his account on platform X that true confidence in holding Bitcoin does not come from following recommendations, but from self-education and understanding the fundamentals.
He noted that reading and learning enhance an investor's ability to hold onto the digital asset during volatile times, adding:
More reading is beneficial.
Commenting on the phenomenon of weak hands in the markets – those who sell quickly under pressure – "CZ" reshared a tweet from 2021 in which he wrote:
Slap yourself if you sold Bitcoin for less than $100,000.
As a symbolic reminder of the importance of patience and long-term holding.
He concluded by affirming that sudden price spikes reflect the hidden potential that those who do not believe in the long-term future of Bitcoin fail to recognize.
