🚀🚀🚀 The founder of Binance, Changpeng Zhao, says that Bitcoin is easy if you follow this rule.
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With Bitcoin surpassing $100,000, #Binance's Changpeng Zhao outlined a golden rule to follow for good insights.
The flagship cryptocurrency recovered to $100,000 on Thursday, extending its recent peak. The rise, in particular, has generated enthusiasm in the crypto pioneer, replacing the fear and panic seen a few weeks ago when Bitcoin hit $80,000.
The co-founder of Binance, Changpeng Zhao, recently acknowledged this change in mood in a post on X, advising enthusiasts on how to remain profitable in crypto. He noted that Bitcoin is easy "only if you don't panic."
Don't just sell in panic: CZ
The tweet from #CZBINANCE was specifically aimed at those who have been hesitant to sell their holdings due to market volatility in recent markets.
According to him, it is very important to stay informed about fear, uncertainty, and doubt (FUD), as panicking in adverse market conditions can lead to selling at a loss.
Notably, the former CEO of Binance remained exceptionally calm during Bitcoin's recovery from its all-time high of $109,300 in January to $74,000 last month. He often encouraged investors to take advantage of dips to stay calm and buy more.
As Bitcoin regains its bullish momentum, CZ reiterated the benefits of not panicking and simply holding. Consequently, if you follow this simple yet valuable rule, it is easier to achieve amazing returns in cryptocurrencies and in the crypto market capitalization overall.
