Binance Founder Warns Against All-In Crypto Bets

Binance co-founder Changpeng Zhao remains optimistic about Bitcoin's long-term prospects but advises investors to be cautious.

'I would not tell anyone to sell their apartment to go all in,' he said, warning against putting too much of one's wealth into crypto.

Rather than going 'all-in', Zhao recommends dollar-cost averaging, which involves allocating a small portion of income towards established cryptocurrencies without affecting one's lifestyle.

CZ is confident that Bitcoin will continue to grow, alongside other strong projects like BNB and others in the market, but notes the significant volatility involved.