{"id":41342,"date":"2021-04-24T13:08:05","date_gmt":"2021-04-24T10:08:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41342"},"modified":"2025-08-30T18:22:21","modified_gmt":"2025-08-30T15:22:21","slug":"changpeng-zhao-to-avoid-stress-adopt-an-hodl-strategy-rather-than-trading","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/changpeng-zhao-to-avoid-stress-adopt-an-hodl-strategy-rather-than-trading\/","title":{"rendered":"Changpeng Zhao: to avoid stress, adopt an HODL strategy rather than trading"},"content":{"rendered":"<p>Binance chief Changpeng Zhao advised all traders who feel stressed by every price dip to switch to an <span data-descr=\"\u00abbuy and hold\u00bb\" class=\"old_tooltip\">HODL<\/span> strategy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If you feel stressed out during every dip, you probably should not trade much, or at least change your trading strategy. Maybe just <a href=\"https:\/\/twitter.com\/hashtag\/HODL?src=hash&#038;ref_src=twsrc%5Etfw\">#HODL<\/a>?<\/p>\n<p>Not the best advice for our business (trading fees), but probably good advice for many new traders.<\/p>\n<p>Not financial advice.<\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1385103566797348869?ref_src=twsrc%5Etfw\">April 22, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNot the best advice for our business (trading fees), but probably good advice for many new traders,\u201d Zhao explained.<\/p>\n<\/blockquote>\n<p>He also advised trading less to avoid stress. The Binance chief noted that this is not financial advice.<\/p>\n<p>The crypto community on Twitter reacted positively to Zhao&#8217;s advice. For instance, a user going by the alias Ash WSB wrote that HODLING is underrated.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">HOLDING is underrated \u270a<\/p>\n<p>\u2014 Ash WSB \ud83c\udf65 (@ashwsbreal) <a href=\"https:\/\/twitter.com\/ashwsbreal\/status\/1385103916132704257?ref_src=twsrc%5Etfw\">April 22, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDuring the dip, simply buy and hold any coin listed on Binance,\u201d wrote a user under the pseudonym CS Quah.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">during the dip, just buy and <a href=\"https:\/\/twitter.com\/hashtag\/HODL?src=hash&#038;ref_src=twsrc%5Etfw\">#HODL<\/a> any coin which listed in <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@binance<\/a>. they got the strong team behind who already helped to audit the projects before listing, so it is safe for newbie\u2026 dont go for small exchanger.<\/p>\n<p>\u2014 CS Quah (@C_S_Quah) <a href=\"https:\/\/twitter.com\/C_S_Quah\/status\/1385104968621850625?ref_src=twsrc%5Etfw\">April 22, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Earlier Zhao said that the crypto industry <a href=\"https:\/\/forklog.com\/en\/news\/changpeng-zhao-the-crypto-industry-is-not-ready-to-function-without-government-intervention\">is not ready to operate without government intervention<\/a> and cannot defend itself.<\/p>\n<\/blockquote>\n<p>In April, Simply Food released a limited edition of instant noodles <a href=\"https:\/\/forklog.com\/en\/news\/simply-food-launches-hodl-noodle-noodle-series\">\u201cHODL NOODLE\u201d with seasoning \u201cTEARS FROM HODL-ING\u201d<\/a> to mark \u201cDogecoin Day\u201d.<\/p>\n<p>Read ForkLog Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance chief Changpeng Zhao advised all traders who feel stressed by every price dip to switch to an HODL strategy.<\/p>\n","protected":false},"author":1,"featured_media":41343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,935,1658,1138],"class_list":["post-41342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-changpeng-zhao","tag-hodling","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=41342"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41342\/revisions"}],"predecessor-version":[{"id":41344,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41342\/revisions\/41344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/41343"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=41342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=41342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=41342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}