Bitcoin News

Story: Binance CZ on Panic Selling BTC and FOMO Back to Market

By Dan Saada

1 / 9

Why is everyone in crypto so obsessed with setting money on fire? Foundational technologies like crypto get caught in multiple narrative fallacies through their journey.

2 / 9

CZ expressed, People who panic sold are more likely to FOMO back in. Markets tend to over swing in both directions. Bear or bull, stay calm, stay level-headed. Manage your risks.

3 / 9

Stay calm do proper risk management.  Diversify a bit.  Only invest with money you don't need urgently. Don't invest with your next month's rent.

4 / 9

Investors:  Binance is the gateway to Bitcoin.  BTC is the gateway to freedom and prosperity for everyone, everywhere in the world, at all times.

5 / 9

Aaron Gong stated, comparing the lowest BTC price of $3k last year to $30k this year so far, that's still 10x, but not many people realized this opportunity.

6 / 9

Elliott Wave Theory suggests that market movements follow a natural sequence of crowd psychology cycles.

7 / 9

A network effect is when a product becomes more valuable as more people use it. The more people use a network, the more utility it may provide as a service.

8 / 9

Yet another seasoned market watcher was like:  When you get hit hard, it pays to go back and look at the history of similar events to know if you are safe HODLing or if you…

9 / 9

Since 2008 when the FED bailed out the financial institutions, we created a new form of capitalism gains from risky ventures are being privatized by the banks to their…

The Currency Analytics

Want the full story?