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Changpeng Zhao commented on the "buy low, sell high" view: He only bought Bitcoin once in the 2014 bear market and finally succeeded

Changpeng Zhao commented on the "buy low, sell high" view: He only bought Bitcoin once in the 2014 bear market and finally succeeded

Cointime2024/12/11 06:12
By: Cointime
BTC-0.19%

Zhao Changpeng commented on Lady of Crypto's view on "earning a lot of money by buying low and selling high during a bull market". He shared his own experience of buying Bitcoin at the beginning of a long bear market in 2014, but due to not having additional fiat currency to buy at a low point and no profits due to the long bear market, he eventually succeeded. However, he does not recommend this method and stated, "In other words, I only made one purchase."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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