{"id":133517,"date":"2024-07-20T09:30:34","date_gmt":"2024-07-20T06:30:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133517"},"modified":"2024-07-20T03:09:42","modified_gmt":"2024-07-20T00:09:42","slug":"binance-ceo-urges-patience-amid-bitcoins-bull-cycle","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-ceo-urges-patience-amid-bitcoins-bull-cycle\/","title":{"rendered":"Binance CEO Urges Patience Amid Bitcoin\u2019s Bull Cycle"},"content":{"rendered":"<p>This principle is underscored by Binance CEO Richard Teng, who recently shared insights on investing in digital assets.<\/p>\n<p>In a recent X post, Teng highlighted the cyclical nature of cryptocurrency markets, advising investors to remain patient. He pointed out that it has only been three months since Bitcoin\u2019s latest halving event.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Markets are cyclical. Experiencing ups and downs is not uncommon. \ud83d\udcc8 \ud83d\udcc9<\/p>\n<p>It\u2019s important to take a long-term horizon when making investment decisions. Here\u2019s a reminder that it\u2019s only been 3 months after the recent Bitcoin halving.<\/p>\n<p>\u26a0\ufe0f Not financial advice. Always do your own\u2026 <a href=\"https:\/\/t.co\/YEgJizGMvn\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/YEgJizGMvn<\/a><\/p>\n<p>\u2014 Richard Teng (@_RichardTeng) <a href=\"https:\/\/twitter.com\/_RichardTeng\/status\/1814232385594232967?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 19, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Teng emphasized that market fluctuations are normal and that investors should adopt a long-term perspective.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/okx-establishes-mica-hub-in-malta-amid-european-expansion\/\" title=\"OKX Establishes MiCA Hub in Malta Amid European Expansion\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/04\/okx-exchange-okb-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">OKX Establishes MiCA Hub in Malta Amid European Expansion<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He noted that historical trends suggest Bitcoin is in the early stages of a bull cycle, encouraging patience and a focus on long-term gains.<\/p>\n<p>Teng concluded with a reminder to conduct personal research before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The adage &#8220;the stock market rewards the patient&#8221; extends beyond traditional finance and applies to the cryptocurrency realm as well.<\/p>\n","protected":false},"author":3,"featured_media":133518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[72],"class_list":["post-133517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance CEO Urges Patience Amid Bitcoin\u2019s Bull Cycle<\/title>\n<meta name=\"description\" content=\"The adage &quot;the stock market rewards the patient&quot; extends beyond traditional finance and applies to the cryptocurrency realm as well.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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