CZ of Binance: Holding BTC surpasses 99% of crypto participants and other assets

[headingnorth]

Coming from the ex-CEO of the biggest crypto exchange in the world that has listed probably every shitcoin known to man,
that is a pretty stunning admission. But since he no longer works for them I guess he can speak freely and say the truth.

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).





Binance ex-CEO warns 95% of crypto investors won’t survive
Yahoo Finance March 17, 2025

Changpeng Zhao (CZ), the former CEO of Binance, has made a forecast for the crypto world, suggesting that just a tiny percentage will succeed in the long run.
CZ noted that even if there are 5% who actually are insiders in the crypto space, most of them cannot beat Bitcoin anyway.

According to CZ, among the 5%, only 4% trade or allocate capital toward blockchain projects, yet they fail to outperform buy-and-hold Bitcoin.

By comparison, long-term Bitcoin holders exceed 99% of all crypto market participants and outperform most traditional asset classes without breaking a sweat, he said.
At the same time, though, he said climbing to the top 1% of crypto takes an "extraordinary effort," work, and knowledge of the market...cont.

[kotajikikox]

Coming from the ex-CEO of the biggest crypto exchange in the world that has listed probably every shitcoin known to man, that is a pretty stunning admission.
But since he no longer works for them I guess he can speak freely and say the truth.

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term crypto investment.

Altcoins can be profitable yes but it would take so much effort for you to land a project good enough where you can make some significant profit off of. Meanwhile like CZ said, you just need to buy and hold bitcoin and basically do nothing and you will still get profit at the end. Just know when are the bullish season and the bearish season and time when will you buy and sell properly.

Those who want to indulge themselves in altcoins are hoping for immediate profit while bitcoin will give you profit but it will take quite a long time. If you do not want to get stressed and is patient enough then buy bitcoin and hold.

[memehunter]

This is what I call an honest and useful response from a responsible person. Now nobody can challenge him because he has direct data to support his claim. This is good for new traders who are constantly being fed the crap idea by fake influencers that you can earn a lot of money by short-term/ Intraday trading. This is also good for bitcoin's long-term growth.

[pooya87]

It has always been obvious that in long term nothing can compete with bitcoin that has gone up from a fraction of a cent (something like $0.001) all the way to $100,000. It became even more palpable after 2017 when multiple shitcoins claimed they are doing "flippening" and will soon overtake bitcoin. Today we know that not only they couldn't even get close to bitcoin, but also they got dumped hard the next year in 2018 and continued dumping to this day (eg. ETH went from 0.15BTC is down to 0.02BTC).

[jcojci]

People can play with altcoin but they must know how to choose the coin. Not all altcoin can give them profit and that will be different if they only choose Bitcoin. Selecting Bitcoin as one investment for them will not make them feel hard because they don't have to watch how the price moves.

They only need to buy and hodl Bitcoin for some time and use their time doing many activities. But sometime that is not easy as it say because many people can not do this as they are easily getting panic when the price move down. So what CZ said is right, not many people won’t survive.

[PrivacyG]

Sell shitcoins for a living and make millions of people lose their life savings through your service and then talk about it.  How ironic.  Imagine a casino owner talking about the only way of actually making money being not gambling.

But I suppose it is fun when you are on the winner end and everybody else is on the opposite end.

[headingnorth]

The problem with altcoins is knowing when to get in and out relatively quickly.
To do that you have to stay glued to your screen all day and night almost constantly like a trader.

Not many have the time to do that because they are working in their real life job, going to school, taking care of kids, etc.
But crypto is much more unforgiving than the stock market, which trades only 6 to 7 hours a day, allowing you take a long break everyday, and closes on the weekend.

But crypto is trading 24 hours a day 7 days a week and anything can happen at anytime. You have no time to take a break.
If your shitcoin tanks at 2am in the morning you will have no time time to react because you are fast asleep.
If your shitcoin tanks at 1pm while you are working you have no time to react because you are busy at your job or school.

Not many have the time and technical knowledge to research thousands of different altcoins to make "good picks" among the ocean of shitcoins,
then have to constantly monitor what they are all doing day and night. To me there are no good altcoin picks because they are all garbage.

If you don't believe me just ask CZ.

Shitcoiners are always juggling several even dozens of shitcoins at a time, as all the influencers tell you to do in order to "diversify."
And if you do that I can guarantee you will have no life. But what you will have is an incredible amount of stress and anxiety....and most likely a lot of losses.

Just buy and hold bitcoin and you don't have to worry about anything else and have plenty of free time to enjoy your life.

[davis196]

CZ isn't telling us anything new. It's pretty well known that around 5% of all traders/investors make any consistent profits on the financial markets. If doesn't matter, if we are talking about FOREX, stocks or cryptocurrency markets, the consistent winners are a pretty limited number.
Shitcoins aren't created for holding. Shitcoins are created for pump and dump schemes. There are lots of "dumb money" around the shitcoin/memecoin markets, but accumulating and HODLing Bitcoin is a safe bet.

[PrivacyG]

There are lots of "dumb money" around the shitcoin/memecoin markets, but accumulating and HODLing Bitcoin is a safe bet.

I guess a lot of people have the fantasy of losing a shit ton of money and then recovering it slowly through hard work and stress than simply buying Bitcoin and forgetting about it.  I am starting to believe some of them actually like it.

[Die_empty]

The problem with altcoins is knowing when to get in and out relatively quickly.
To do that you have to stay glued to your screen all day and night almost constantly like a trader.

Not many have the time to do that because they to work in their real life job, go to school, take care of their kids, etc.
But crypto is much more unforgiving than the stock market, which trades only 6 to 7 hours a day, allowing you take a long break everyday, and closes on the weekend.

You have identified one important concern about buying these altcoins. Most of their prices pump, and within a few minutes or hours, they have started dumping. So you would have to be alert all through because a few minutes of distraction can make you lose a fortune.

CZ spoke the Gospel truth. But people are mainly influenced by greed, and others don't have enough information, hence they still invest in shitcoin. If you consider the risk involved in buying these, you will appreciate the peace of mind that Bitcoin investors enjoy.

[Text]

he seen the inside of the crypto world from a vantage point few can match, the fact is most altcoins are a brutal game of timing and speculation and the vast majority of people simply can’t keep up with the 24/7 grind needed to stay ahead. Bitcoin keeps proving itself as the only truly decentralised resilient asset in the space. Buy and hold isn’t flashy but it sure beats the stress and losses of trying to out-trade the market so sometimes simplicity wins.

[EarnOnVictor]

Coming from the ex-CEO of the biggest crypto exchange in the world that has listed probably every shitcoin known to man,

I don't know what's intoxicating you right now, Binance doesn't hold that title unless you have your ulterior motive for saying that. Go and check the lesser exchanges and come to repeat your statement. Let's be real.

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).

-snip-

I don't know why you are so surprised and excited about the obvious thing that is popular and can be derived by anyone. Go to the Coinmarketcap, and you will see it there, it's what we see every day by comparing the BTC's MC with that of altcoins. It's even more than double of theirs now.

[Synchronice]

But since he no longer works for them I guess he can speak freely and say the truth.

Isn't he the one who founded Binance? As far as I remember from the news, he can't be the CEO of Binance but other than that, he can be part of it and he can work on a different position. It's not necessary for him to formally be the CEO of Binance if he can have a puppet in that position. In the end, the outcome doesn't change much.

It has always been obvious that in long term nothing can compete with bitcoin that has gone up from a fraction of a cent (something like $0.001) all the way to $100,000.

Bitcoin is the OG and father of all crypto currencies. It's a coin in which you can invest, sit back and relax and be confident that the value of your capital will grow while the rest of the cryptocurrencies are mostly a gamble compared to Btc. One slightly bad thing about Bitcoin is that it can't grow as much as it grew years ago but other cryptocurrencies have the chance to exponentially grow.

[Cryptohygenic]

Coming from the ex-CEO of the biggest crypto exchange in the world that has listed probably every shitcoin known to man,
that is a pretty stunning admission. But since he no longer works for them I guess he can speak freely and say the truth.

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).

He could be right but with the fact he has not been upright speaking the truth since then he was working with the binance exchange has made him lost my respect for him and so he has also diminished his personality because he does not have reputation.
What is he really up to now? Discouraging the community crypto users?
To me ever since I came to this forum and was able to learn about bitcoin and the alt different valuable performances and potentials, I have then stayed off from alt coins and only hole on bitcoin because I can not afford all that shit dramatic hyping and manipulations of the alt coins.

[betswift]

he seen the inside of the crypto world from a vantage point few can match, the fact is most altcoins are a brutal game of timing and speculation and the vast majority of people simply can’t keep up with the 24/7 grind needed to stay ahead. Bitcoin keeps proving itself as the only truly decentralised resilient asset in the space. Buy and hold isn’t flashy but it sure beats the stress and losses of trying to out-trade the market so sometimes simplicity wins.

It's the best way to stay with the nerves intact on the market, and we just got another example of why it's true.

[MusaMohamed]

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).

Don't trust him, you can verify what he said and see it is true or untrue.

Cryptocurrency top coin historical snapshots.
How many cryptocurrencies failed?

Why did top coins fail or die?
Why did shitcoins die?

Their teams actually tried doing something but their projects died with time, Bitcoin has been here since 2009 and become stronger with years and it has been ranking up in marketcap compares to big corporations.
https://companiesmarketcap.com/assets-by-market-cap/

[FortuneFollower]

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).

Don't trust him, you can verify what he said and see it is true or untrue.

Cryptocurrency top coin historical snapshots.
How many cryptocurrencies failed?

Why did top coins fail or die?
Why did shitcoins die?

Their teams actually tried doing something but their projects died with time, Bitcoin has been here since 2009 and become stronger with years and it has been ranking up in marketcap compares to big corporations.
https://companiesmarketcap.com/assets-by-market-cap/

New coins spark and die quickly.

Bitcoin holds on and will keep on being the greatest

[dzungmobile]

It has always been obvious that in long term nothing can compete with bitcoin that has gone up from a fraction of a cent (something like $0.001) all the way to $100,000.

Time with many years, 16 years since 2009 are more than enough to show Bitcoin quality and strength to survive against many challenges.

It became even more palpable after 2017 when multiple shitcoins claimed they are doing "flippening" and will soon overtake bitcoin.

Flippenings from altcoins never happened but even if happens, will a flippening in market cap from an altcoin makes that altcoin is better and more valuable than Bitcoin?

The answer is No, and Never. Because they are altcoins, with premined coins, preminted coins, and with bigger total supplies than Bitcoin. Market cap flippening means nothing about whether that altcoin is better, more secured, or more valuable than Bitcoin.

Also don't forget that many (hundreds) of Bitcoin forks died and they hilariously wanted to be Bitcoin killers.
How Many Bitcoin Forks Are There? You will be surprised!!!
https://forkdrop.io/how-many-bitcoin-forks-are-there

[348Judah]

Coming from the ex-CEO of the biggest crypto exchange in the world that has listed probably every shitcoin known to man,
that is a pretty stunning admission. But since he no longer works for them I guess he can speak freely and say the truth.

CZ should know better than anyone and confirmed what bitcoiners have been saying for years.
Less than 5% of those messing around with shitcoins make any money, and bitcoin is the only viable long-term investment (in crypto).

What else could he have done while being the CEO, he can't speak as against his brand, knowing that he's the foreman on that, maybe people are still getting more exposures about the reality in cryptocurrency, that anything outside bitcoin is just a pirate copy of bitcoin, if it has not been the success of bitcoin that birthed on their own advancements and recognition, we might not have heard anything about altcoins till now, that is why if anyone is interested in cryptocurrency, then their first impression should go for bitcoin before any other.

[Z-tight]

It is something that bitcoiners already know and that is why we recommend BTC to newbies and tell them to only look at altcoins and decide if they want to get involved in it, after they have understood BTC completely. I know some people see cz as being so special in the industry, i know they have their reasons for seeing him that way, but i don't, so i don't really place great value in the things he says, especially after he said that 99% of people who store funds in self custody would probably lose it.