Binance Ex-CEO Warns: 95% of Crypto Investors Won’t Survive
Well, well, well… it looks like Changpeng Zhao (aka CZ), the former CEO of Binance, has some bold predictions for the crypto world! In a recent X post on March 17, CZ made a statement that could shake up the entire crypto community: 95% of crypto investors won’t survive in the long run!
What CZ Had to Say:
CZ responded to a post by EmperorBTC, a well-known crypto influencer, who analyzed the psychology of market
participants. EmperorBTC said, “The bar to succeed in crypto is very low”, but that doesn’t mean just anyone will make it!
He broke it down as follows:
80% of crypto investors are “tourists”: These are the people who enter the market when there’s hype or news and exit once the sentiment changes.
– 10% make decisions based on “foolish influencers”: Influencers pushing pumped-up stories or coins with no fundamentals.
– 5% are just pretending: These are the ones posing as experts or pretending to be wealthy.
– Only 5% truly understand crypto: The ones who actually get the technology and its long-term potential.
But CZ’s take? Even among those 5%, most won’t beat Bitcoin in the long run!
*Why Bitcoin is King
According to CZ, only 4% of the crypto insiders (the 5%) are actually trading or involved in blockchain projects, but even they fail to outperform Bitcoin in terms of returns. Bitcoin, CZ points out, has been a *safe
haven* for many and outperforms the vast majority of other crypto assets and traditional assets. ✓
In fact, CZ believes holding Bitcoin is the simplest yet most powerful strategy-*holding BTC surpasses 99% of all crypto participants in terms of returns, without doing much of anything!
So, What Does This Mean for You?
If you’re here for quick gains or trying to “get rich quick,” be ready for some harsh reality checks. The crypto space is volatile, and CZ’s comments reinforce the idea that most traders and investor won’t make it.
The takeaway?
1. Bitcoin is still the king. If you’re not holding BTC, you might want to reconsider.
2. Trading is tough. Even experts can’t always beat a simple buy-and-hold strategy with Bitcoin.
3. Long-term survival in crypto requires knowledge, patience, and hard work. No one is getting rich overnight.
The Bottom Line:
CZ’s warning is a reality check for everyone. If you want to succeed in crypto, be prepared to put in the effort, learn constantly, and understand that *Bitcoin has been and likely will continue to be the leader in the market. $
Stay smart, stay informed, and always do your research!