"Stop investing in altcoins?": Ex-Binance CEO drops key advice for crypto holders
, also known as CZ, recently shared some thoughts on the challenges altcoin investors are facing. He gave some straightforward advice for those feeling stuck in the current . As the former CEO of Binance, CZ's insights are often highly regarded, especially by those trying to make sense of the ups and downs in the world of digital assets.and Binance Coin have usually been good for investors who can hold on for at least four years.
For those who cannot bring themselves to make a change, he suggests holding on for the long term — but only if they can stomach the uncertainty.The truth is, most altcoins have been underperforming compared to Bitcoin. While Bitcoin has hit new all-time highs multiple times, many altcoins are still far from their previous peaks. This has led to a lot of frustration and disillusionment among altcoin investors.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Why Vestrum Presale Is Turning Heads: Passive Income and Interconnected Ecosystem at Its Best ValueBitcoin Whales Picking Up Steam as ETFs Attract Nearly $250 Million Worth of Inflows
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