Founder of Binance: If You Want to Get Rich Quickly, Stay Away from Crypto ๐ณ
Changpeng Zhao, known as CZ, the founder and former CEO of the cryptocurrency exchange Binance, made a striking remark:
"If you want to get rich quickly, donโt touch crypto." โ
Zhao, who has always been regarded as one of the most prominent and influential figures in the crypto world, issued this as a serious warning to investors entering the volatile market with dreams of making quick profits.
His comment appears to be aimed at managing expectations and emphasizing the long-term nature of investing in the cryptocurrency space.
These remarks come at a time when the crypto market has experienced extreme fluctuations and numerous ups and downs in recent years, attracting many individuals looking for short-term gains. This warning from one of the most recognized figures in the field may serve as a wake-up call for new investors and those who, without adequate research, hope to get rich overnight in this unpredictable market.
