The Appeal of Long-Term Holding
In the fast-changing cryptocurrency market, Binance founder CZ emphasized the importance of the 'buy and hold' strategy. He pointed out that despite the variety of complex trading strategies, few can truly surpass this simple yet effective long-term approach.
Why Choose Long-Term Holding
Long-term holding not only reduces the risks associated with frequent trading but also helps investors avoid emotional decisions. CZ believes that selecting high-quality assets and holding them patiently is the best way to navigate market volatility.
- Reduces transaction costs
- Avoids emotional trading
- Benefits from compound growth
The core of this strategy lies in choosing quality assets and remaining calm during market fluctuations to achieve long-term value growth.