#BTCBackto100K #BTCBackto100K Binance Founder Gives Advice to Panic 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 stems from a lack of deep understanding of the technology behind Bitcoin, finance, and financial markets.
With Bitcoin's price rising to $103,800, "CZ" stressed through his account on platform X that true confidence in holding Bitcoin comes not from following recommendations, but from educating oneself and understanding the fundamentals.
He argued that reading and learning enhance the investor's ability to hold onto the digital asset during times of volatility, adding:
More reading helps.
Commenting on the phenomenon of weak hands in the markets – those who sell quickly under pressure – "CZ" retweeted a post from 2021 in which he wrote:
Slap yourself if you sold Bitcoin for less than $100,000.
In a symbolic reminder of the importance of patience and long-term holding.
He concluded by affirming that sudden price surges reflect the latent potential that is not recognized by those who do not believe in the long-term future of Bitcoin.