Changpeng Zhao "At every correction, pessimism that 'it's over'... time keeps moving"

Source
Minseung Kang

Summary

  • Changpeng Zhao, Binance co-founder, said excessive pessimism about the recent market correction is unnecessary.
  • Zhao said that whenever prices fall, some mention the market's 'end'.
  • He emphasized that the market should be viewed from a long-term perspective rather than short-term volatility.
Photo = Changpeng Zhao (CZ) screenshot from X
Photo = Changpeng Zhao (CZ) screenshot from X

Changpeng Zhao (CZ), Binance co-founder, left a message that excessive pessimism about the recent market correction is unnecessary.

On the 14th (local time), CZ said on X (formerly Twitter), "Whenever prices fall, some people think this is the end," and "but time keeps passing."

This is interpreted as meaning that one should view the market from a long-term perspective rather than overreacting to short-term volatility.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?