Following the recent drop in Bitcoin prices, Changpeng Zhao, the former CEO of Binance exchange, warned investors. He stated on the X platform that market fluctuations are a natural part of free markets and advised investors to decrease their investments in digital currencies if they are too worried. Zhao emphasized that his statement is not financial advice but reflects a change in his perspective. He said, ‘For me, this is a change in worldview. I left the old world behind 11 years ago.’ The recent price drop occurred after Donald Trump’s threat of imposing a 25% tariff on Mexico and Canada and a $1.5 billion hack on the Bybit exchange. Zhao stressed the importance of mental stability in overcoming all market fluctuations and highlighted the significance of emotional resilience in risk management.
