CZ’s actually advice for beginners into crypto worth reading

[PrivacyG]

Funny that Step 1 is "go read Binance Academy". This is like McDonald's telling you to learn nutrition from the Happy Meal box.

They had a pretty interesting course back in the day when they first introduced guides.  Of course, that rapidly turned in to a marketing plan and why would they simply explain how Bitcoin works when they can include all the tools and 'knowledge' any beginner Cryptocurrency enthusiast needs to get them selves screwed up as fast as they can!

[Solokan]

I think this is an interesting topic, and I think your advice is sound It's definitely worth reading for those new to the crypto world Entering the crypto world isn't easy, as many have experienced losses. It's best to start with a small amount, as losses can lead to anxiety, sadness, and stress. However, in my opinion, it's best to start with money you can afford to lose when you start crypto

If you implement strategies like those mentioned, there's certainly potential for success in the crypto world. However, I think it's better to keep crypto as a side business, as the risks are very high, especially with altcoins

[348Judah]

I think this is an interesting topic, and I think your advice is sound It's definitely worth reading for those new to the crypto world Entering the crypto world isn't easy, as many have experienced losses. It's best to start with a small amount, as losses can lead to anxiety, sadness, and stress. However, in my opinion, it's best to start with money you can afford to lose when you start crypto

The idea is not really directed towards newbies to make an investment decision and other things needed of them to do at first with their encounter in cryptocurrency, but he's trying to chill out advertisement on their article the produce for newbies to subscribe onto, someone like me already know the intention to this kind of we of promoting what they have rather than trying to actually help the newbies out with some advice needed.

[tech30338]

It simply means you don't need to rush on things, and be worried when you are losing, don't invest all of your money instead only spend money you are willing to lose, learning while trading or investing should happen and grow while on the process, if you do this things carefully you might be successful.
You don't need to enroll there are lots source in the internet you just have to find the right one.

[Big Dirams]

It simply means you don't need to rush on things, and be worried when you are losing, don't invest all of your money instead only spend money you are willing to lose, learning while trading or investing should happen and grow while on the process, if you do this things carefully you might be successful.
You don't need to enroll there are lots source in the internet you just have to find the right one.

Normally people just tend to do to much if not there always understand how the crypto space and technically they are aware of what investment is and it always about risking what we can actually afford to lose and not risking so much above our risk just because we have higher hopes of such investment ending in good terms. Investment always carry’s risk along no matter what, which is why it is advisable of risking what we can really let go and not doing what beyond our ability because it will eventually cut up to us one way or the other.

 However, about your statement about when we do things carefully we might be successful, that actually a reasonable statement. When things are handle careful then there are chances of not ruining it.

[BlackHatCoiner]

CZ would still be in prison today, and his CEX would probably be banned in the US if it weren't for the man who turned politics into a lucrative business.

I can't hate CZ when there are companies like Coinbase. Like imagine being the custodian for BlackRock's ETF, holding a big chunk of all ETF bitcoin in your cold storage, and then acting like the "decentralized good guy of crypto".

CZ at least had to do the classic route. Plead guilty, do the time, and then wait for a pardon. Coinbase skipped the prison part. Instead, they sent a million to the inauguration fund, got a seat at the White House crypto summit, and the SEC lawsuit vanished like a memecoin.

The fact that every country kicks Binance out makes me want to make an account.

[Patikno]

So I came across this advice given to beginner that are into crypto by CZ and I feel like it’s worth sharing here as well.

Step 1 : learn first. He points to Binance Academy as the top resource

► Step 2 : start small. Not 50% of your net worth.
Start with 1%, even 0.1%. $100, $200, $500, whatever size doesn't scare you.

[...]

In my opinion, it is unwise to jump straight into investing in crypto, even if they have learned the basics. I think the beginners should try a trading simulation first, often referred to as a "demo". This allows them to gain a better understanding of the practice, which can complement the theoretical lessons they have learned previously. Once they have mastered the basics through the simulation, they can then move on to the real trial phase with small amounts, as the OP mentioned.

[taufik123]

CZ at least had to do the classic route. Plead guilty, do the time, and then wait for a pardon. Coinbase skipped the prison part. Instead, they sent a million to the inauguration fund, got a seat at the White House crypto summit, and the SEC lawsuit vanished like a memecoin.

This classic path is actually an easy path for CZ with a release that looks so quick and gets forgiveness, but there is still a process that makes CZ's sleep uncomfortable within a few months and he is also out of Binance.
But Brian Armstrong is really strong As the name ArmSTRONG is getting a special place and was invited by Trump to discuss the Clarity Act.

People like this will only get the best place and forgiveness because they will be used by the government to regulate what they really cannot fully regulate.

[Dreadboost]

I think this is an interesting topic, and I think your advice is sound It's definitely worth reading for those new to the crypto world Entering the crypto world isn't easy, as many have experienced losses. It's best to start with a small amount, as losses can lead to anxiety, sadness, and stress. However, in my opinion, it's best to start with money you can afford to lose when you start crypto

If you implement strategies like those mentioned, there's certainly potential for success in the crypto world. However, I think it's better to keep crypto as a side business, as the risks are very high, especially with altcoins

The advice directly came from CZ, the owner of Binance. I also think it is interesting advice. Advice that beginners should pay more attention to before embarking on their crypto journey. The crypto world is filled with people saying Had I known. A lot of them are regretting their actions, the actions they didn't take, the advice they heard but refused to listen. The regret is much nowadays. Beginners who don't want to be in those shoes have to listen to CZ's advice.

CZ's intention in writing this content may be for marketing purposes. Nowadays, platforms find every means to market their product. Binance is the most popular crypto exchange. CZ wants it to be more popular than it is currently. It is the dream of every product owner to see it flourish.