CZ Expresses Condolences for Those Who Sold Bitcoin at $77,000 — Are You One of Them?
Imagine selling Bitcoin at a price of $77,000 with a sigh of relief... only to watch it soar to $150,000 a few weeks later. CZ is also saddened — not because he lost money, but because you FOMO'd back!
In a viral post from the account @jackcryptoind, a funny yet heart-wrenching illustration can be seen: Binance founder, Changpeng Zhao aka CZ, laughing while pointing at someone who looks regretful after selling Bitcoin at $77,000.
This post sparked a wave of comments from the crypto community. Many investors claimed to be "traumatized by quick selling" or became victims of panic selling. Not a few also linked this to the 'smart money' strategy — where big players buy from weak hands selling out of fear of losses.
What’s the Meaning Behind This Meme?
1. Fear & Greed Always Win: The crypto market is driven by emotions. When prices rise quickly, many fear a correction and rush to sell.
2. HODL is Not Just a Word: This meme serves as a reminder that sometimes holding on is more important than being a 'day trader'.
3. CZ Jokes, But it Stings: Although this is clearly just a meme, many feel 'slapped'. The truth is, decisions to sell too quickly often stem from a lack of long-term strategy.
Final Words:
If you are one of those who sold at $77,000 and now regret it... don’t be too hard on yourself. Every mistake is a lesson. And who knows, you might be one of those who buys when everyone is scared later.
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