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ETH $1,611.76 +2.08%
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CZ Binance (BNB) Advices Against Herd Mentality of Investors Bitcoin Doesn’t Care

FUD
Community Trust ScoreVerified
92%
Real
Verified38 votes
Updated 5 years ago

It just looks like even CZ sensed the FUD created by Elon Musk.

CZ Binance expressed, “So much FUD today. It’s a pain for some, an opportunity for others.

If you wish to achieve great financial success, you probably shouldn’t just be part of a herd, i.e., have a strong herd mentality. Agree? If you care about what someone else does with or thinks about crypto, you have a herd mentality. Make sense?

I am still and always bullish. Issuing a risk warning doesn’t make me bearish.

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I like the prices in a bull market, but I actually like projects in the bear market a lot more. Felt healthier. There are still many good projects. But in a bull market, there are so many scammy projects now.

He reinstated:  You know what to do in a dip, right?

CZ supported Michael Saylor’s explanation and stated:  “Power-ful.” Pointing to:

Bitcoin Energy Consumption: The world produces 160,000 TWh every year. 50,000 TWh is wasted. Bitcoin uses 120 TWh.

Michael Saylor Destroys Bill Maher’s Energy FUD – Worth Checking it. 

CZ also stated:  Elon probably did not research how much energy is required to run other (noncrypto) currencies that Tesla accepts.

However, CZ previously was happy about Elon’s mom using BSC.

“Bitcoin Doesn’t Care” is one of the powerful statements from CZ.

This also means that Binance and BNB do not care about what Elon Musk has stated. Everyone is seeing how Elon has manipulated the market. However, he did not sell, because he is buying the dip, Bitcoin is bound to go up.

Binance community members stated, “The longer you’ve been in crypto, the less phased you become with the rollercoaster ride. It’s thrilling, and it’s why we’re here. Bitcoin. BNB. Some bumps in the road are part of the ride”

Sensible investors should continue to BUDL. Very obvious that Elon is using his power to manipulate the market. Someone who believes in Musk a lot is thinking that he is going to hire the best blockchain to help his rockets fly on green energy. Maybe DOGE is the new Bitcoin for Tesla.

The whole point of crypto is decentralized banking. Yet, one tweet can manipulate a market. It will never be decentralized when there is a face attached to a coin. People are always going to follow every move like sheep—sad reality.

Community Trust IndexHigh Confidence
92%
Real
Real92%8%Fake
38 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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