Bitcoin (BTC) and other cryptocurrency The sharp declines in 2022 affected both investors and crypto companies.
While crypto platforms such as Three Arrows Capital and Celsius had a hard time, investors also suffered a great loss.
Some of the investors who suffered losses continue to hod despite their losses, while others prefer to sell.
In this context, the world’s largest cryptocurrency exchange Binance‘s CEO Changpeng Zhao (CZ) announced which cryptocurrencies he has in his portfolio in his post on Twitter.
Despite the sharp declines and high volatility in the market, CZ, who did not sell the crypto money in his hand, Bitcoin (BTC) and Binance Coins (BNB) He said he didn’t sell.
“I still have the same amount of BNB and BTC.”
CoinGecko data, from its ATH in November 2021. BTC about 70%, BNB has fallen by 65%.
Stating that he will not sell his BTC and BNBs despite these losses, CZ continues to believe in cryptocurrencies.
I still have the same amount of BNB & BTC.
— CZ 🔶 Binance (@cz_binance) July 6, 2022
Stating that the bear market experienced in his previous interviews is a normal situation and that investors based on these conditions will be stronger in the bull, CZ said that these levels are a buying opportunity for investors with excess cash.
CZ also stated in a statement he made in the past months that it is not fiat money, but only crypto money.