Binance founder Changpeng Zhao (CZ) talked about cryptocurrency investment after the sharp decline and rise experienced yesterday.
Sharing from his X account, CZ emphasized his thoughts on buying Bitcoin (BTC) amid price drops.
CZ emphasized that especially declines in Bitcoin prices are opportunities for investors to buy BTC, and said that buying opportunities arise but it may be difficult to catch them.
CZ also noted that investors often look back on missed opportunities and wish they had invested in Bitcoin sooner.
At this point, CZ said that fear, uncertainty, and doubt (FUD) have a big impact in shaping investors' behavior, but investors should not panic in such difficult times and continue to hold on to their Bitcoins.
CZ recently said, “Today is the day before all other days” when it comes to investing in cryptocurrencies, including Bitcoin.
While CZ's statement emphasized that there is no better time to buy in the market than now, he also pointed out that there are still plenty of opportunities for those who want to invest in BTC right now.
CZ added at the end of his post that what he said was not investment advice.
*This is not investment advice.