
Binance founder Changpeng Zhao (CZ) has reassured investors amid recent market volatility, stating that there is 'no need to panic' as Bitcoin will not die. He emphasized that market pullbacks are natural and suggested that investors reassess their positions if they feel stressed. Binance CEO Richard Teng echoed this sentiment, describing the current crypto market dip as a 'tactical retreat' rather than a reversal, highlighting that the crypto market has experienced similar downturns in the past and has rebounded stronger. Teng noted that institutional demand remains robust, with steady ETF inflows and strong market fundamentals. CryptoQuant founder Ki Young Ju also weighed in, stating that a 30% correction during a Bitcoin bull cycle is typical, recalling that Bitcoin dropped 53% in 2021 before reaching an all-time high. He advised against panic selling, urging investors to maintain a long-term perspective.
đšJUST IN: BINANCE EX-CEO CZ SPEAKS CONCERNING MARKET DOWNSLIDE, "DIPS ARE A PART OF FREE MARKETS." SAYS, "IF YOU ARE STRESSED ABOUT IT, YOU PROBABLY SHOULD REDUCE YOUR INVESTMENT SIZE."
đš JUST IN: Binance founder CZ says market pullbacks are natural and advises investors to reassess their positions if feeling stressed. https://t.co/2ycUupsFDz
Why You Should Stay Calm Amid Bitcoinâs Dip If you're panicking over Bitcoin "crashing" to $85,000, you donât fully grasp its potential. Understand what you're holding. This is a long-term game, not a quick profit scheme. Control your emotionsâdonât be a weak hand.⊠https://t.co/Q7n8SD7YbF




