Changpeng Zhao, the former CEO of Binance, shared his early Bitcoin journey, revealing that he bought Bitcoin in 2014 during a bear market but was unable to buy the dips or take profits due to a lack of funds. Despite this rocky start, the incredible rise of Bitcoin since then has turned his modest investment into a net worth estimated at over $60 billion. Zhao emphasizes that his strategy was not recommended and was largely driven by luck and timing. The lesson he highlights is the importance of personal, adaptive investment strategies that are mindful of market realities, with Bitcoin's history suggesting a strategy of holding and patience rather than active trading.



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