When CZ Sold His $1M Home for $BTC , They Called Him Insane — Now They Call Him Founder

I think many of you have heard parts of this story before, but most don’t know how wild it actually was. Here’s the real version of how Binance came to life — and why people first called CZ a gambler before calling him a visionary.

Back in 2014, Bitcoin was around $600. It wasn’t popular, adoption was tiny, and there was zero guarantee this space would even survive. CZ wasn’t a billionaire — he was just a tech guy who had worked at OKCoin and Blockchain.info.

Then he made the move that changed everything.

He sold his entire apartment in Shanghai for about $1 million and went all-in on Bitcoin.

Not some. Not half. Every dollar.

His friends thought he’d lost it. His family thought he ruined his future. Some even called him a gambler — selling a stable $1M property for “internet money.”

And then came the pain.

Right after he went all-in, Bitcoin crashed from $600 down to nearly $200. The average person would’ve panic-sold, said “everyone was right,” and moved on.

CZ didn’t sell.

He didn’t complain.

He didn’t wait for “better sentiment.”

Instead, he built.

In 2017, when people were still confused about crypto, he launched Binance. Within months, it became the biggest exchange in the world. The same people who mocked him now call it vision.

👉 The lesson:

In the beginning, conviction and gambling look exactly the same — the difference is gamblers wait on luck, builders execute.

And yeah, I know you don’t have a $1M property to sell — but don’t worry, keep going. I know you're one of the next billionaires in the making.