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Ex-Binance Chief CZ Reminds Followers of His Golden Rule for Crypto Wealth
Changpeng Zhao, the former CEO of Binance, has taken to social media to remind his followers of a crucial principle that he believes is essential for achieving success in the crypto market. In a recent tweet, he emphasized the importance of “if you can’t hold, you won’t be rich,” implying that one must have conviction and patience in their investment decisions.
Zhao’s statement comes as a stark reminder to investors that the cryptocurrency space is inherently volatile and unpredictable. With regulatory uncertainties, macroeconomic shifts, and market volatility all playing a role, it is easy for even the most seasoned traders to become rattled by current market conditions.
In his tweet, Zhao may be hinting at the four-year-cycle theory of the market, which he has discussed in the past. According to this concept, bull runs are followed by bear markets and recovery periods, with 2025 potentially being the next major upswing.
Source: u.today
