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