{"id":17075,"date":"2025-03-10T17:31:40","date_gmt":"2025-03-10T17:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17075"},"modified":"2025-03-10T17:31:40","modified_gmt":"2025-03-10T17:31:40","slug":"binance-founder-crypto-needs-ethics-and-long-term-focus-not-short-term-greed","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17075","title":{"rendered":"Binance Founder: Crypto Needs Ethics And Long-Term Focus, Not Short-Term Greed"},"content":{"rendered":"
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Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto\u2019s affairs. In a recent Twitter\/X post, CZ criticized<\/a> the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for quick profits. The former Binance big boss blasted current holders fixated on small and quick gains.<\/p>\n

Instead, he called on crypto development teams to create \u201cethical projects\u201d built for the long term, where profits are earned gradually. Zhao\u2019s latest comments on crypto stem from the current price action for Bitcoin<\/a>, and the speculative nature of most altcoins, particularly meme coins. His remarks highlight the unsustainability of the current crypto market model, which is prone to macro-economic changes and market manipulation.<\/p>\n

\"\"<\/p>\n

CZ Blasts \u2018Quick Gains\u2019 Mentality<\/h2>\n

In his latest Twitter\/X post, CZ puts many traders in the hot seat, particularly their preference for their short-term investment thesis. In this strategy, traders run after small and quick gains to grow their holdings, often focusing on meme coin projects.<\/p>\n

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Unpopular opinion:<\/p>\n

In crypto, too much money is spent chasing small, quick gains. Focus on ethical teams that build for the long term. Big money is built slowly with stamina.<\/p>\n

\u2014 CZ \"\ud83d\udd36\" BNB (@cz_binance) March 9, 2025<\/a><\/p>\n<\/blockquote>\n

Instead, CZ suggested that crypto development teams and investors focus on ethical projects for the long haul. He added that \u201cbig money\u201d comes gradually over time. Popular meme coins, he said, are not sustainable investments since they\u2019re prone to market manipulation.<\/p>\n

<\/p>\n

Focusing On Long-Term Gains Better For Crypto\u2019s Stability<\/h2>\n

Traditionally, the famed crypto fortunes are built overnight, with many successful personalities looking for that one solid swing trade. This trading approach has fans and followers since it creates instant millionaires overnight. The Binance ex-CEO argues that too much hype on crypto promotes the development of low-quality projects, and creates mispricing of digital assets.<\/p>\n

He then warned that when the speculative bubble bursts, it can lead to market crashes, with small traders holding an empty bag. The former Binance chief also called out traders looking for quick returns, saying this approach discourages blockchain innovation since developers are motivated by hype rather than actual use cases.<\/p>\n

Bitcoin, Ethereum, Cardano Remain Top Picks<\/p>\n

As the crypto landscape moves quickly, a few projects remain sound and solid in the eyes of experienced crypto experts. For many, these are tried-and-tested crypto projects that have weathered economic storms. Bitcoin<\/a> remains the premier digital asset, boasting increasing adoption rates among traditional finance institutions. Cardano<\/a> is another project that\u2019s focused on long-term development and improvement.<\/p>\n

In short, an emerging trend in crypto investing is to look beyond hype and price pumps, and focus instead on actual use cases. The broader society benefits if the following blockchain projects are focused on long-term development, based on technology and innovation, and not price speculation.<\/p>\n

Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto\u2019s affairs. In a recent Twitter\/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for quick profits. The former Binance big boss blasted current holders fixated on small and quick […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17075","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17075"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17075\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}