CZ: "Not taking risks is also a risk"

Source
Son Min

Summary

  • Changpeng Zhao, co-founder of Binance, claimed that not taking risks is also a risk regarding the Bitcoin (BTC) accumulation strategy.
  • He noted that companies participating in Bitcoin accumulation strategies are taking risks, and mentioned the possibility of achieving optimal investment returns (ROI) through proper balance.
  • Currently, according to the Binance USDT Market, Bitcoin is trading at $105,301, up 0.89% compared to 24 hours ago.

Changpeng Zhao, co-founder of Binance, argued that not taking risks is also a risk when it comes to Bitcoin (BTC) accumulation strategies.

On the 3rd (local time), Changpeng Zhao shared a list of companies that have participated in Bitcoin accumulation strategies this year via X (formerly Twitter), stating, "These companies are taking risks." He continued, "All companies take risks. Still, with an appropriate balance, it is possible to achieve the best investment return (ROI)," and emphasized, "Not taking risks itself is a risk."

As of 8:01 PM, according to Binance USDT Market, Bitcoin is trading at $105,301, up 0.89% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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