TechFlow news — On December 11, Binance founder Changpeng Zhao (CZ) responded to Lady of Crypto's discussion on trading strategies, stating that he only bought Bitcoin once, at the beginning of the 2014 bear market. Due to a lack of fiat funds at the time, he was unable to continue accumulating during the downturn, and couldn't realize profits throughout the prolonged bear market. Although this strategy ultimately proved successful, CZ emphasized that he does not recommend others follow his example.
Lady of Crypto previously noted that investors who achieved significant wealth in the cryptocurrency space primarily followed two strategies: buying the dips during bull markets and gradually taking profits during upward price movements.
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