Former Binance CEO CZ Explained the Golden Rule in Bitcoin! "Do This, Don't Do That!"

After a very long break, Bitcoin rose above 100 thousand dollars again last night and became the center of attention in the sector once more.

At this point, a post came from former CEO of Binance CZ.

CZ summarized a golden rule that investors should follow to achieve good returns and provided advice on how to remain profitable in the cryptocurrency market.

CZ, who stated that Bitcoin is "easy as long as you don't panic sell," pointed out that panicking in the face of negative market conditions will lead to detrimental selling.

For this reason, CZ emphasized the vital importance of resisting fear, doubt, and uncertainties (FUD), reminding that the golden rule in Bitcoin is not to panic sell and to remain calm.

Bitcoin is easy, just don't panic sell. 🤷‍♂️

— CZ 🔶 BNB (@cz_binance) May 8, 2025

Lack of Information on Bitcoin!

After this post, CZ made another similar post and emphasized why Bitcoin (BTC) HODLing is boring for some users.

CZ emphasized that the reluctance to HODL among investors is due to a lack of information, stemming from investors' inability to understand blockchain technology and finance.

At this point, CZ thinks that the difficulty of holding cryptocurrencies often stems from a limited understanding of technology, finance, and markets. He noted that those who buy Bitcoin based on the advice of others are more likely to panic sell and that having more information can lead to better decisions.

The inability to hold often comes from a lack of understanding of tech, finance, and the world.

If you only bought bitcoin because someone else said so, your conviction to panic hold will be low.

More reading helps. 🙏

— CZ 🔶 BNB (@cz_binance) May 9, 2025