Zhao Changpeng: I Feel Sorry for Those Who Sold Bitcoin at $77,000
In a recent message shared via ChainCatcher, Binance founder Zhao Changpeng (CZ) made a powerful remark that captured the attention of the crypto community:
“I feel sorry for those who sold Bitcoin at $77,000. Remember to occasionally look at the yearly chart instead of the 1-minute chart.”
This quote is more than just commentary—it’s a reminder of how perspective matters in investing, especially in the volatile world of cryptocurrency.
The Message Behind CZ’s Words
Zhao Changpeng: I Feel Sorry for Those Who Sold Bitcoin statement emphasizes a key lesson: short-term thinking can cost long-term gains. Many investors obsess over minute-by-minute price fluctuations, reacting emotionally to small dips or spikes. But zooming out often reveals a different story—one of steady growth and resilience.
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$77,000 might have felt like a peak, but if Bitcoin continues its upward trajectory, it could soon look like just another milestone.
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CZ’s advice urges traders to think long-term and not be swayed by short-term volatility.
Why the Yearly Chart Matters
The yearly chart provides a macro view of Bitcoin’s performance—showing trends, growth cycles, and market resilience over time. It helps investors:
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Avoid panic selling
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Stay grounded during corrections
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Make more informed, strategic decisions
Looking at long-term patterns can reinforce confidence in the asset and reduce reactionary behavior.
The Takeaway: Patience Pays in Crypto
Zhao Changpeng’s words are a subtle but sharp reminder: in crypto, patience is often more profitable than panic. Whether you’re a seasoned investor or a newcomer, understanding market cycles and keeping a long-term outlook can be the difference between regret and reward.
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