Binance CEO: "Is Now the Right Time to Invest in Cryptocurrency?… First, Educate Yourself Thoroughly"
Minseung Kang
- CEO Teng advised that thorough preparation and education are necessary before investing in cryptocurrency.
- He warned against the 'FOMO' phenomenon regarding cryptocurrency investment and emphasized self-learning.
- He mentioned that the cryptocurrency market is still in its early stages, thus requiring a long-term perspective.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Richard Teng, CEO of Binance, advised that one should thoroughly educate and prepare themselves before investing in cryptocurrency.
On the 16th, CEO Teng stated on X (formerly Twitter), "My friends are experiencing 'FOMO' (Fear of Missing Out) and are asking me if now is a good time to invest in cryptocurrency," adding, "You must educate yourself thoroughly before stepping into the market."
He added, "Take a long-term perspective on investing. We are still in the early stages."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
US January ISM Non-Manufacturing PMI 52.8…"Below Expectations"
2 hours ago
US January Service PMI Final at 52.9, Slightly Exceeds Market Expectations
3 hours ago
US Job Market Starts Strong This Year... Will Fed's 'Cautious Rate Cut' Gain Momentum?
3 hours ago
U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations
4 hours ago
Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"
6 hours ago
Ranking News