Zhao Changpeng: Do Not Buy High and Sell Low
The essence of Zhao Changpeng's statement is to remind investors not to engage in contrary actions—do not impulsively buy when prices are artificially high, and do not sell at low prices during market panic.
Buying low and selling high is the way to make money. However, in reality, many people are led by market emotions, being greedy and chasing highs when prices rise, and being afraid and cutting losses when prices fall, resulting in repeated losses.
Zhao Changpeng uses straightforward language to expose this common misconception, especially suitable for the highly volatile cryptocurrency market. $BNB $ETH $SOL