Home Crypto Exchanges CZ Binance (BNB) on how Investors Push Price Down to Buy Themselves

CZ Binance (BNB) on how Investors Push Price Down to Buy Themselves

Investors crypto

Pointing to a Formula 1 tweet CZ Binance expressed, who is kinda like this driver in crypto. And, the reply was Elon Musk.

CZ pointed to how everything was very dramatic and on how BUIDL was supposed to be somewhat boring.

However, he also stated, Bitcoin crypto have not changed. They don’t care. There are always fluctuations in the market, for all kind of reasons. You can blame others for what they tweet (their freedom). Or you can take advantage of the opportunities. Not financial advice.

Also added, Just FYI, traditionally, many institutional investors are known to push price down to buy themselves. Michael Saylor is not one of them, of course. He reinstates, man, this industry has a lot of room to grow.

Some of the musings of the BND Community was like:

Never a boring day in crypto. Always exciting. Never a normal day in crypto. Always weird. Onlookers interpreted Weird as Fun and Boring as Normal. No matter what it is important to keep the focus on Buidl.

I have to admit the bear market was tiresome. Luckily we’re in a bull market now.  There were others who stated, amazing ways the cycle brings things to do what it wants. Elon, China ban, are all pawns of the cycle.

Some see all this as an everyday opportunity to buy more BNB. Other said, every single day in crypto is like an entire year of a normal market cycle. Yet others were like, it’s pretty normal to be not normal in the crypto and CT space.

Many in the community felt that BSC is not boring or normal. And, that BSC is stable and reliable.  More Dapps will be built on BSC. Mode Capital will flow in BSC and that BSC is inevitable. And that trading BNB is always exciting and not boring.

For those who are new, BSC compares to Ethereum Network. BSC Daily active addresses: 1.1 MM Daily Txs: 11.8 MM (~7 times).  Ethereum Daily active addresses: 0.7 MM Daily Txs: 1.5MM.

Binance Smart Chain is designed to be an easy onramp into the world of crypto and allow everyone, regardless of their wealth, social status, education, or place of birth, to participate in the digital revolution.

BSC is growing in popularity.   While the ETH is for the super-rich to use, BSC is for everyone. Due to the lower cost per transaction BSC is gaining popularity in the crypto world.

Read more about:
Share on

Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.