Zhang Ping Zhao (CZ), the founder of the Binance platform, stated in a post on (x), "An unpopular opinion, but it's better to sell when greed is at its peak and buy when fear is at its peak."
Zhao emphasizes in his investment advice that when everyone is overly excited and buying heavily, expecting limitless rises—when prices are very high—this is a suitable time to consider selling, as excessive rises are often followed by a drop. Conversely, when people are fearful and selling en masse, the market collapses, and prices become cheap, this is a suitable time to buy, as fear is usually temporary and prices tend to rebound later.
Source: Chang Ping Zhao (CZ) on (x)
