{"id":142133,"date":"2024-11-13T16:30:22","date_gmt":"2024-11-13T14:30:22","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142133"},"modified":"2024-11-13T12:23:00","modified_gmt":"2024-11-13T10:23:00","slug":"binance-founder-changpeng-zhao-issues-warning-to-bitcoin-investors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-founder-changpeng-zhao-issues-warning-to-bitcoin-investors\/","title":{"rendered":"Binance Founder Changpeng Zhao Issues Warning to Bitcoin Investors"},"content":{"rendered":"<p>He <strong><a href=\"https:\/\/x.com\/cz_binance\/status\/1856200389483548846\" target=\"_blank\" rel=\"nofollow\">pointed out<\/a><\/strong> that despite years of skepticism, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>has only continued to grow stronger.<\/p>\n<p>Zhao shared a link to a website showcasing over 380 articles from various years predicting Bitcoin\u2019s demise. Despite these claims, Bitcoin has not only survived but thrived, solidifying its status as the leading cryptocurrency.<\/p>\n<p>As Bitcoin\u2019s market capitalization reaches new milestones, mirroring the value of silver, its price recently hit $89,452, with daily trading volumes surpassing $135 billion. This growth has captured the attention of both institutional and retail investors alike.<\/p>\n<p>Bitcoin\u2019s history is filled with critics, particularly during times of price drops. Zhao shared a chart demonstrating Bitcoin\u2019s resilience, showing how predictions of its failure were made during declines in 2011, 2014, 2018, and 2020. Each time, Bitcoin rebounded, ultimately surpassing $60,000 in 2021.<\/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\/robinhood-ceo-predicts-bitcoin-boom-under-trumps-pro-crypto-administration\/\" title=\"Robinhood CEO Predicts Bitcoin Boom Under Trump\u2019s Pro-Crypto Administration\">\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\/2024\/11\/p-91197838-Robinhood-CEO-Vlad-Tenev-isnt-scared-of-meme-stocks-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Robinhood CEO Predicts Bitcoin Boom Under Trump\u2019s Pro-Crypto Administration<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>However, Zhao emphasized caution despite the recent surge. He advised investors to avoid being swayed by greed, acknowledging that the volatile nature of the crypto market can lead to sharp fluctuations. His advice was to \u201cape slowly,\u201d encouraging a thoughtful approach rather than rushing into decisions during market highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance founder Changpeng &#8216;CZ&#8217; Zhao responded to critics who have long claimed that Bitcoin is doomed.<\/p>\n","protected":false},"author":7,"featured_media":22796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-142133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Founder Changpeng Zhao Issues Warning to Bitcoin Investors<\/title>\n<meta name=\"description\" content=\"Binance founder Changpeng 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