Binance’s CZ Shares Bitcoin Golden Rule as BTC Price Surpasses $100K Again

By: bitcoin ethereum news|2025/05/09 21:45:05
0
Share
copy
Changpeng Zhao, the founder of leading cryptocurrency exchange Binance, shared a simple profit-making strategy for Bitcoin investors in an X post on Thursday. According to CZ, the golden rule for making profits in Bitcoin is to stay calm during moments of high market volatility, as many investors often incur losses due to emotional decisions taken during crypto market dips. Bitcoin is easy, just don’t panic sell. ‍️ — CZ BNB (@cz_binance) May 8, 2025 “Just don’t panic sell,” CZ offered warm advice to Bitcoin’s new and existing investors, reassuring them that there is no complex formula for maximizing Bitcoin returns. Bitcoin surpasses $100,000 CZ’s advice came after the leading cryptocurrency, Bitcoin, crossed the long-anticipated $100,000 mark, sparking discussions across the crypto community. While the crypto market has seen notable shifts in investor sentiment—experiencing a mix of skepticism and confidence following recurring broad market slumps—the ongoing market rally has boosted the weary hopes of many investors. After trading sideways in previous weeks, the crypto market recently resumed positive momentum, boosting investors’ confidence in Bitcoin’s potential. Bitcoin has experienced a notable upsurge in its price over the last day, as data from CoinMarketCap shows a 5.52% daily increase, with the crypto trading at $101,316.38 as of press time. The upsurge in Bitcoin’s price supports CZ’s latest opinion on Bitcoin, indicating that there will always be moments of celebration for resilient Bitcoin holders. Recent data from Coinglass has shown over three million BTC returning to profit as their holders stood firm despite persistent market troubles. You Might Also Like While it is important to take caution against negative market signals, this data further proves that panic selling will only cause more harm than good, as holders should only sell off their assets for important, calculated reasons as opposed to the common habit of panic selling. It is important to note that crypto market volatility is inevitable. As such, those who avoid panic selling are more likely to benefit from the long-term positive trend in Bitcoin’s price movement. Source: https://u.today/binances-cz-shares-bitcoin-golden-rule-as-btc-price-surpasses-100k-again

You may also like

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com