CZ (Changpeng Zhao), the founder of the "Binance" crypto platform, mentioned that savvy Bitcoin investors tend to buy during moments of fear and uncertainty (FUD), not when markets are at their euphoric peaks.
· Fundamental view: In a recent post on "X" (X), CZ said: "When Bitcoin was at its all-time high, did you ever think, 'I wish I had bought Bitcoin earlier?' Guess what, those who bought early did not buy at the peak, but bought when there was fear and uncertainty (FUD)."
Details on CZ's comments and the responses to them
• Relevant previous comments from CZ:
· End of November: Advised traders to sell when "greed" is at its peak and buy when "fear" is at its highest.
· September: Warned that most investors are selling Bitcoin out of panic because they do not fully understand the technology, finance, or global trends. Encouraged learning to gain the confidence to hold the asset long-term.
• Reactions from the crypto community:
· Many users supported his viewpoint. One encouraged buying Bitcoin during the current holiday period, stating that institutions are quietly preparing for a potential rise in 2026.
· Another user noted that "true confidence is born under the weight of fear and uncertainty (FUD), not at all-time highs."
• Current market context (according to the article dated December 24):
· The cryptocurrency market remained under pressure, with the total market cap decreasing by 1.1% to $3.02 trillion.
· Bitcoin maintained its dominance with a market cap approaching $1.73 trillion.
· Market sentiment indicators (which had remained in the "extreme fear" zone for a long time) began to recover towards caution, not outright optimism.