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The beginning (2013) 🔴

Charles Cheng Chao @CZ was playing "poker" with his friends, and one of them was "Bobby Lee" (the founder of the first Chinese platform). Bobby said to him:

"My friend, you should put 10% of your wealth into Bitcoin, there is a slim chance it will go to zero, but a great chance it will multiply 1000 times."

The crazy response 🔴

@CZ He only put in 10%.. but he sold his apartment in Shanghai completely, quit his job, and put all his money into Bitcoin at $600.

The shock 🔴

After CZ bought, the price of Bitcoin collapsed from $600 to $200. CZ lost two-thirds of his fortune in just a few months, and the price remained low for two years. Everyone mocked him, but he didn't sell a single coin.. and today, we know where CZ is and where Binance has gone.

Why did CZ succeed while others failed? 🔴

The secret was not in luck, but in certainty.

He did not buy to profit tomorrow, but bought because he believed in a technology that would change the world. He endured two years in the red zone until the fruits began to ripen.

The big lesson:

Real investment is not about perfect timing, but about deep belief in the asset + exceptional patience.

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#Binance #CryptoAnalysis #BinanceSquare #CZ