We can be CZ

[BALIK]

Sometimes we can miss vital information because we are considering the past of an individual. People might think that because CZ is an ex-convict and has promoted some shitcoins, he shouldn't be taken seriously. Trading is complex and requires some technical knowledge. Not everyone can be successful in Bitcoin trading. But with little knowledge, anyone can be a Bitcoin holder and make a profit if they keep it for a long time.

Between trading and nvesting, trading is far more complex. Knowledge and experience can only increase your chances of winning, they do not guarantee anything. Thats why not only newbies but also many experienced trader experience losses

Long term investing might seem simpler, but I think that just a little knowledge will not help us make a profit. There is a huge gap between owning bitcoin and holding until it yield a profit. That is why many people invest in bitcoin, but not everyone makes a profit. To hold bitcoin in the long term, having sufficient knowledge is essential.

[EarnOnVictor]

HOLD really is still the best strategy. (according to CZ).

I'm a businessman, not a trader.  how about you?

You will feel sorry for people if they show you how much they lose through Bitcoin on a regular basis. This is often attributed to trading Bitcoin or the impatient behaviour of some investors when they liquidated their Bitcoin too early in losses.

Aside from these two, Bitcoin is a lovely asset to invest in, and as CZ said, the best approach to this is a long-term investment goal, which can be adequately achieved through HODLing.

[Vaeldraux]

I don't believe a word CZ says and I don't think he's innocent. He is entirely to blame for the crypto sector becoming so corrupt and manipulative. When he tweets, they directly mint a word or an object as a coin, causing people to either make or lose money. If he had just HODL'd, he would have avoided such manipulative actions. Alright, you can be an investor, but suddenly becoming so wealthy doesn't show us what's going on behind the scenes.

[Synchronice]

Well, it's really difficult to do trading, and it's a lot of effort and sleepless nights before you learn the system. It's a very risky industry, and I have given up on it because it's only for those who can really put their time and effort into being successful.

How can you learn the system? It's not a skill like plumbing, construction and so on. You can't predict the market or set the price unless you are a whale and have connections. I can't imagine someone without millions of dollars and connections making money from trading.

I'd rather do what he does. Invest in buying Bitcoin and some coins that have a legitimate product, which will gain value in the future. I have done that and was successful, and was lucky to sell it at the right time during the ICO days. I made some good money, bought a house, and now I am trying to accumulate more again.

We don't need to force trading if it's not for us. Maybe we are just good at holding coins.

That's amazing if you made so much money from ICOs that you bought a house. Congrats!

Oh, he also launched his own shitcoin.

Didn't he also help Trump with Trump coin?

I want to add one thing. We can be CZ but we shouldn't be CZ. As said above by multiple users, CZ is a scammer, criminal and a person who would sell his soul for the money. None of us should try to become like CZ.

[justdimin]

Haha Zhao helped criminals launder money, using crypto and banks. He trained customer support to specifically onboard people who were unbankable (because of law, not birthright), taught them how to use fake passports etc. Then he went to rich people jail, paid some fines, and got about his business. He didn't hold. He encouraged people to sell their BTC to buy shitcoins and accepted hundreds of millions to list shitcoins. Then stashed it all away into bitcoin.

Oh, he also launched his own shitcoin.

Is he a good person? Absolutely not, he is a horrible person who is a criminal, and I agree with you on all of those. But could we hold just like him? We absolutely can and do not have to sell unless we have to. And that is what the topic is about, holding. Sure if you are in urgent need then you sell, but not selling for price reasons, if you can hold and capable of it then you should hold and never sell just because you want to, holding will make sure that you make the most money you can.

For emphasizing the importance of holding, we have lots of example and this does not need to be based on notorious person in my view. Winklevoss brothers are striking in my mind when I think about similar personality who are known for hodling. I guess that someone will start a new topic on them soon.

[Ishicryptic]

Lol are you really going to believe the words that comes out of the mouth of a fraudster. He has no reason to do any of this just rugpull and he makes his money. I highly doubt that he has huge amount of Bitcoin as investment but more like he has them for trading. Once they have made it they can say anything as their strategy to make them stand in the light.

If you remove CZ being the man that said those words and isolate him from it and focus on what he said you will agree that his words makes sense. CZ might have his shortcomings as a human being but if his word makes sense I think we should just take his words and isolate him as an individual from it. Holding a trusted cryptocurrency like Bitcoin is so much better than trading because you believe that on the long run Bitcoin will give you profit which carries far less risks than trading cryptocurrency. Trading is high risk because cryptocurrency are volatile, it is easy to lose your money in the process of chasing short term profits. Trading is for high risks takers while investment on "trusted" cryptocurrency like Bitcoin is for everybody, just buy and hold and patiently wait for it to continue to reach ATH.

[Out of mind]

Hold is a plan that is long-term and patient, there are many who cannot hold, it is very difficult for them to do it. Holding is very difficult because people expect quick profits, due to which they do not want to focus on investing for a long time by trading. However, those who focus on investing for a long time and have a holding plan and hold patiently are definitely successful. However, I always prefer holding, trading will not be good at all because it is always risky, in that case holding is the best plan.

[JoyMarsha]

Everyone is free to give their opinion on what works for them in the market. Those traders who trade in the crypto space may not agree with what CZ says, and for us who have cross-checked both may agree with what CZ says about hodling to be the key to successful investment.

You know in this space, we are free to do or choose any pattern suited for us, and not everyone would go on with the idea to hodl not trading on their crypto coins

[SirLancelot]

A lot of people did accrue a lot of bitcoin at times, back in the day, and bought stuff. I bought a car thanks to crypto as well, it wasn't bitcoin mainly, it was another token, but I made it, and holding worked. But that doesn't mean holding everything worked, some did, but most where shitcoins and there is no reason to do that with every altcoin.

Smart money is at bitcoin, and there are few at the top which you can consider, like maybe eth and sol for example but that's about it. I can see why people would want to go with smaller stuff, because they see that at the near top there is no way that we can make 100x anymore and that is why they are holding shitcoins but that doesn't return as they hoped at all.

[freedomgo]

Everyone is free to give their opinion on what works for them in the market. Those traders who trade in the crypto space may not agree with what CZ says, and for us who have cross-checked both may agree with what CZ says about hodling to be the key to successful investment.

You know in this space, we are free to do or choose any pattern suited for us, and not everyone would go on with the idea to hodl not trading on their crypto coins

I don’t really get why they wouldn’t agree with CZ, he wasn’t even criticizing traders in the first place. He was just talking about himself, saying he’s not a trader but a developer, which is why he doesn’t trade and simply holds. And clearly, that strategy worked for him. We might not personally see it working in real time, but we all know there are old wallets out there with massive Bitcoin balances that only moved when BTC went over $100k, those people made huge profits just by holding and doing nothing else.

[Adams0001]

Everyone is free to give their opinion on what works for them in the market. Those traders who trade in the crypto space may not agree with what CZ says, and for us who have cross-checked both may agree with what CZ says about hodling to be the key to successful investment.

You know in this space, we are free to do or choose any pattern suited for us, and not everyone would go on with the idea to hodl not trading on their crypto coins

Sure, because not everything that worked for someone can work for another person, some don't like holding because they are not that patient to hold bitcoin for long term they prefer a short term and that is why some like buying shitcoins and some don't even invest they focus more in the trading aspect. So when CZ says, he means that he prefer to hold then doing trading because that is what works for him when he try trading he sees that he didn't successfully when trading. That mens the trading can not really favour him and he just focus on one aspect and he is getting benefits on is investment journey in bitcoin. If you want to minimize your risk I will recommend you to invest in bitcoin and not trying to trade. So always do what you think can surly works for you.

[tygeade]

We might not personally see it working in real time, but we all know there are old wallets out there with massive Bitcoin balances that only moved when BTC went over $100k, those people made huge profits just by holding and doing nothing else.

Keeping nerves down must be a very big tasks when bitcoin rising or falling significantly that all holders are doing, which means that I am not ready to agree that all holders are doing nothing. Moreover, identifying the right and potential assets and parking your funds with it must be the foremost 'workload' which was successfully done by these people hence they look like that they are making money by doing nothing. But, it must be a smart work we cannot see with bare eyes, you should need experience to realize the hard work behind it.

If you want to minimize your risk I will recommend you to invest in bitcoin and not trying to trade.

Investments will nullify all the risks when you are confident about the fundamentals and your holding duration is a real long term or life time. This way, bitcoin must be still a right opportunity for holding period of next few decades.

[Minor Miner]

I don’t really get why they wouldn’t agree with CZ, he wasn’t even criticizing traders in the first place. He was just talking about himself, saying he’s not a trader but a developer, which is why he doesn’t trade and simply holds. And clearly, that strategy worked for him. We might not personally see it working in real time, but we all know there are old wallets out there with massive Bitcoin balances that only moved when BTC went over $100k, those people made huge profits just by holding and doing nothing else.

The reason is very simple, they dont like him as a person. CZ is known as the founder of the world's largest centralized crypto exchange and the man behind BNB, a centralized altcoin. This goes against the core philosophy of bitcoin. Not only that, he has previously made several biased statement in favor of his own products instead of offering fair assessment. Therefore, anything that comes from him, they will automatically assume is bad and oppose it without knowing whether it is right or wrong

[LFC_Bitcoin]

CZ is a BS grifter, it was better for Bitcoin when he was in jail. He’s an unscrupulous character, I don’t trust him one bit. He had a big part to play in October 10th historical liquidation event. Remember he was the one pushing to eliminate his competition in 2022 publicly with FTX too. I suspect he was trying to blow somebody up on October 10th, maybe Hyperliquid or Wintermute. We haven’t seen the fall out from October 10th yet. No bodies have floated to the surface yet.

As recently as 2025 he was tweeting to buy $ASTER which crashed as soon as he stopped punting it. He’s a scammer, manipulating crypto and I suspect wash trading. It’s better if he goes back to jail.

[fuguebtc]

As recently as 2025 he was tweeting to buy $ASTER which crashed as soon as he stopped punting it. He’s a scammer, manipulating crypto and I suspect wash trading. It’s better if he goes back to jail.

More accurately, he did not tweet and urge people to buy ASTER in the style of "buy now" Instead, he publicly announced his purchase of ASTER, which implicitly suggested that it was a good investment and that it was the right time to buy. If this came from an ordinary person with no influence, there would be nothing to discuss. However, he is a major KOL in the industry and has a very strong influence, so it is perfectly accurate to say he is a scammer with that kind of action.

I never hated CZ before, but with his recent actions, he deserves to go back to prison