Investing in crypto is risky. Not investing in crypto is also risky- CZ.
๐ Binance founder Changpeng Zhao (CZ) is back with another gem โ reminding us that while crypto has its risks, ignoring it altogether may be even riskier.
๐ He warns: chasing quick profits often leads to quick losses.
๐ Instead, focus on long-term, ethical projects with real-world use cases and strong teams.
๐ก According to CZ, only a small % of investors truly understand the space โ so:
โ๏ธ Do your research
โ๏ธ Invest only what you can afford to lose
โ๏ธ Stay disciplined
โ๏ธ HOLD when in doubt
โ๏ธ In crypto, itโs not just about timing the market โ itโs about time in the market.
Whatโs your strategy: quick gains or long-term HODL?