crypto exchangeCZ Predicts Most Crypto Investors Will Fail, Highlights Bitcoin's Dominance

CZ Predicts Most Crypto Investors Will Fail, Highlights Bitcoin’s Dominance

Changpeng Zhao (CZ), former CEO of Binance, has projected that only a small fraction of cryptocurrency investors will succeed in the long run.

Responding to a post by crypto influencer EmperorBTC on March 17, CZ weighed in on the challenges of thriving in the crypto market. EmperorBTC argued that the majority of investors are ill-prepared, stating that 80% are “tourists” swayed by market sentiment, over 10% follow misguided influencers, and only 5% genuinely understand the space.

CZ concurred, adding that even among the 5% who grasp the industry, most fail to outperform Bitcoin. He noted that just 4% actively trade or invest in blockchain projects, yet they still struggle to surpass Bitcoin’s performance.

“4% actively trade or work on projects but won’t outperform Bitcoin. Holding BTC surpasses 99% of crypto participants and other asset types, by doing practically nothing,” CZ remarked.

His comments come as Bitcoin trades at $82,930, facing resistance at $85,000, amid record outflows in the digital asset sector.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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