Binance Founder and former CEO Changpeng Zhao (CZ) commented on the ongoing decline in the crypto market, emphasizing that dips are a part of free markets.
CZ recommended reducing stake in crypto if users consider it as an investment, highlighting the need for proper risk management.
CZ's belief in the ideologies behind crypto suggests a shift from traditional systems towards a decentralized vision and community-driven innovation.
Cryptocurrency investors welcomed CZ's advice, seeing dips as opportunities to buy at a discount and emphasizing the importance of market sentiment.