Binance founder Changpeng Zhao just dropped some trading wisdom that most people won’t want to hear. On November 29th, CZ laid out what he called an “unpopular opinion” about when to actually buy and sell Bitcoin.
His advice? Sell when everyone’s greedy and buy when everyone’s terrified. Sounds simple, but it goes against every instinct most traders have. When Bitcoin’s pumping and everyone’s excited, that’s when CZ says you should be taking profits. When it’s crashing and people are panicking, that’s your buying opportunity.
The timing of his message is interesting. Bitcoin’s been all over the place lately, currently trading around $90,644, down about 0.93% in the last 24 hours. The Fear and Greed Index has been swinging wildly between extremes over the past few weeks. During rallies it hits maximum greed, then when Bitcoin pulls back, fear spikes hard.
CZ’s strategy isn’t new to traditional finance, but hearing it from one of crypto’s biggest names carries weight. The problem is actually doing it. Buying during maximum fear means catching falling knives when bad news is everywhere. Selling during greed means walking away from gains when it feels like prices will keep climbing forever. Both go against human nature completely.
Conclusion
CZ’s contrarian strategy emphasizes disciplined emotional control over instinctive reactions, reminding traders that profitable decisions often require acting opposite to crowd sentiment during market extremes.
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