Bitcoin Holders Outperform 99% of Crypto Market, Says Former Binance CEO
- Changpeng Zhao (CZ), former Binance CEO, asserts Bitcoin holders outperform 99% of crypto market participants.
- CZ believes holding Bitcoin is more profitable than active trading or other investment strategies.
- A trader known as Emperor categorizes market participants: 80% are temporary tourists, 10% impulsive traders, and 5% pretend to be wealthy.
- Reaching the top 1% requires significant effort beyond merely holding Bitcoin.
CZ emphasizes that simply holding Bitcoin can yield better results than most crypto strategies, while achieving exceptional success demands additional dedication and effort.
Source (2.6)https://hodl.press/cz-bitcoin-owners-outperform-99-of-crypto-market/?rand=24434
