Changpeng Zhao: "Price Adjustments Are Part of the Market... If It's Burdensome, You Should Reduce Investment Size"
Minseung Kang
Summary
- Former CEO Changpeng Zhao stated that price adjustments are a natural phenomenon in the market.
- He mentioned that if a bear market feels stressful, it's good to reduce investment size.
- Regarding cryptocurrency, he said he has a different perspective from the traditional financial system.
Changpeng Zhao (CZ), former CEO of Binance, said that price adjustments are a natural phenomenon in a free market and that if it feels burdensome, it would be advisable to reduce the size of investments.
On the 28th, CZ stated through X (formerly Twitter), "Price adjustments are just part of a free market," adding, "If a bear market feels stressful, it might be good to reduce your investment size."
He added, "For me, cryptocurrency is not just an investment target," and "I left the old financial system 11 years ago, and now I have a completely different worldview."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
