Changpeng Zhao (CZ) Talks Market Predictions

Changpeng Zhao, known as CZ in the crypto community, co-founder and former CEO of Binance, addressed crypto enthusiasts about market predictions in a recent tweet.

CZ’s Statement on Predicting “tmr” for Crypto

CZ’s comments came as Bitcoin, the cryptocurrency market leader, experienced significant price fluctuations recently. Bitcoin dipped below $80,000, reached $83,000, and surged to touch $95,000. Currently, it’s priced at $90,040, showing an 8.72% increase in just one day.

The market’s volatility was influenced by recent aggressive U.S. economic policy moves. CZ noted that while forecasting a ten-year trend in the crypto market is easier, predicting daily movements is challenging:
> “Crypto. Predicting 10-year trend is easy. Predicting tmr is hard.”
> — CZ 🔶 BNB (@cz_binance) March 5, 2025

CZ Reveals Crypto Millionaires’ Secret

Earlier, Zhao shared a “little secret” about crypto millionaires, stating that their success stemmed from resisting the temptation to panic-sell during price drops.
> “A little secret about all the crypto millionaires I know… they all had to hold through dips.”
> — CZ 🔶 BNB (@cz_binance) March 4, 2025

CZ also noted an exception, mentioning a billionaire who lost wealth by selling during a dip spurred by panic. In a recent tweet, he indicated that he has not sold any of his personal cryptocurrency holdings, which include Bitcoin and Binance Coin (BNB).

As a frequently active presence on social media, CZ discussed a recent market downturn that erased over $1 billion from the crypto market but reassured the community with the optimistic acronym “WAGMI” (we are all gonna make it).

Although CZ is prohibited from running Binance for life, he is actively mentoring crypto founders and holds a significant amount of Binance shares, while stating he has no plans to start a new crypto exchange or launch a cryptocurrency.