In this crypto news content, Changpeng Zhao (CZ), the former CEO of Binance, shares his thoughts on the challenges faced by altcoin investors. He advises investors to be patient with big-name coins like Bitcoin and Binance Coin (BNB), as they have historically been good investments over a four-year period. However, he acknowledges that this is not a guarantee for the future. CZ also highlights the significance of Ethereum in the crypto space, mentioning that BNB likely wouldn't exist without it. Altcoin investors have been vocal about their struggles, with many seeing their investments decline without signs of recovery. CZ suggests shrinking altcoin portfolios, stopping further investments, or shifting focus to bigger coins like Bitcoin. He advises holding on for the long term, but only if investors can handle the uncertainty. It is important to note that CZ has previously discussed market cycles and trends, indicating that 2024 may bring a potential recovery. However, he cautions that altcoins may not necessarily follow Bitcoin's lead.



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