In 2014, when Bitcoin was still viewed as a 'bubble' by the mainstream market, Zhao Changpeng did something that left everyone astonished—he decisively sold his house in Shanghai and bet the entire 1.1 million yuan from the sale on Bitcoin. This was not a small gamble; it was a bet of his entire fortune. The result? The price of Bitcoin plummeted by two-thirds, and he faced a loss of over 700,000 yuan. But the future founder of Binance didn't even blink; instead, he saw a 'golden pit' amidst the crash. This all-or-nothing determination allowed him to secure a ticket to the crypto world three years early.
After joining OKCoin, CZ rose from Technical Director to CTO in just three months, but his inherent 'restlessness' began to distance him from the company's philosophy. In July 2017, he launched Binance with 15 million dollars in startup capital. Astonishingly, it only took him 11 days from finalizing funding to launching the exchange. While his peers were still struggling with UI design, Binance had already swept the globe with its 'trading is mining' model, achieving daily trading volumes exceeding 10 billion. This 'shoot first, aim later' mentality allowed Binance to grow into a crypto empire within three years.
Successful individuals are often 'obsessive.' CZ's fierce determination lies in the details: he demands his team to iterate products with 'rocket speed,' yet he sleeps only 4 hours a day; he dares to expand against the trend during bear markets, moving the office from Hong Kong to Malta; he is even tougher on himself with a 'zeroing out' approach—despite becoming the richest, he insists on studying blockchain technology every week. This 'always evolving' tenacity enabled him to double his assets through leveraged contracts during the Bitcoin crash in 2021.
Guys, Marvin is the breakthrough! While others panic and sell, CZ sees 'gold everywhere.' He often says: 'In the crypto world, the most dangerous thing is not making mistakes, but staying in the comfort zone.' This fierce mentality of using crisis as a springboard is what separates top players from ordinary people. #巨鲸动向