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CEO of Binance Crypto Exchange Names the Perfect Time to Buy Bitcoin
Binance CEO Changpeng Zhao has expressed his opinion on bitcoin reaching the bottom and said that anyone who buys BTC now will make a big profit in the future. Zhao wrote about this on his Twitter account.
Historically speaking, if you bought #bitcoin every time there is a «bitcoin is dead» headlines, you would have done well.
Logic: when they lose hope, that's when the bottom is in.
NFA. NOT recommending this or any strategy for the future. https://t.co/GMAS446FVI
— CZ 🔶 BNB (@cz_binance) June 19, 2022
According to the Binance CEO, the negative sentiment of users who are increasingly looking for confirmation that bitcoin is dead proves that «the bottom has already been reached» and it is worth buying BTC. The CEO of the crypto exchange pointed to the historical graph of panic sentiment in the spirit of «bitcoin is dead» and emphasized that if investors always bought Cryptocurrencies at this very moment, 100% would have made super profits.
A significant part of the crypto community has indeed given up. Thus, on June 18, the number of Google searches for «bitcoin is dead» increased dramatically and probably reached the highest level in the history of observations.