Monday, March 10

Changpeng Zhao (CZ), the founder of Binance, has urged the crypto community to shift their investment focus from short-term gains to supporting ethical teams that emphasize long-term development.

CZ argues that substantial wealth in crypto is achieved through patience and endurance, not quick speculation.

In a X post, Changpeng Zhao wrote: “In crypto, too much money is spent chasing small, quick gains. Focus on ethical teams that build for the long term. Big money is built slowly with stamina.”

His advice has ignited a debate within the crypto community. Some supporters agree, advocating for sustainable growth, while critics question the sincerity of his stance, citing his involvement with memecoin launches.

EliZ, having over 532K followers on X, questioned: “why do you only list shit using your customers as exit liquidity? and not projects that could bring something good to the community?”

Read Also: El Salvador Bought 5 More Bitcoins Today Flouting the IMF Deal

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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