Binance CEO CZ says data shows more holders outperform traders, reveals Bitcoin’

[rasangaya]

Binance CEO CZ says data shows more holders outperform traders, reveals Bitcoin’s fair price





Changpeng Zhao, the Chinese-Canadian founder and CEO of the world’s largest crypto exchange, Binance recently shared a thought on what the future holds for the cryptocurrency space.

Check here: Visit

[Pegasus]

It's right you you bought bitcoin when it was at < USD 4k a few months ago. When you already bought at low prices, you only need to store your bitcoin somewhere and relax. But when you trade, you face the risk of being loss. That's the mechanism here. Obvously, for most traders, the gained ratio is not as high as holders'.

[pulpy]

Because holders and traders have different strategies and targets

[Bobcrypto]

It's right you you bought bitcoin when it was at < USD 4k a few months ago. When you already bought at low prices, you only need to store your bitcoin somewhere and relax. But when you trade, you face the risk of being loss. That's the mechanism here. Obvously, for most traders, the gained ratio is not as high as holders'.

It is not true that when you trade, you face the risk of being loss,and it is not the mechanism on crypto. Every Trader or holder face the same risk, the trader can experience loss, the same is holder. The difference between both is that the holder is not border by any recent or continuous fall in price; this is where the holder relaxises because he or she is holdimg the coin for a longer time probably for bigger profit returns.
Any trader can also make huge tournover from quick sales which may double the holder's returns at the long or short run holding of a coin.

[IyemRoker]

Because holders and traders have different strategies and targets

Holders can say that he is ready to accept future investments with a 1:99 risk, where the profit is 1% and the loss is 99%.
Usually the Holder is the person who entrusts to coins that are phenomenal like Bitcoin and Ethereum.

Traders are people who are always looking for profit in every trade, even if only a profit of 5% then it is definitely a profit and usually they do not take more than that.