Changpeng Zhao, the fellow folks call CZ, had a notion bubbling up in the great digital prairie, and he let it tumble forth on X—though back in Steinbeck’s day a tweet was just a bird song at dusk. Now, it’s a market advisory.
CZ’s wisdom, handed down like an old farmer handing over a hoe and saying, “Son, don’t dig too deep when the soil’s dry,” is as plain as prairie sunlight: stay calm when the masses are losing their britches in market fear. Out there among the chaos and GIFs, most folks drown, not because of the storm, but because they jumped headfirst into the mud with both eyes squeezed shut.
With the warmth of a bartender at closing time, he told the greenhorns clutching digital wallets: “Just don’t panic sell.” See, no advanced calculus. No intricate charts dancing like dust devils under the midday sun. Just the wisdom to sit tight while others flail and gnash their teeth.
Bitcoin Breaks $100,000—And The Drama Unfolds
You could feel a tremor in the crypto saloon as word drifted in—Bitcoin had done it. $100,000, just as the old-timers whispered in their cracked coffee mugs. Jubilation. Suspicion. Heartburn.
Much like California gold rushers of old—some folks now cautious, others stuffing their shoe boxes with dreams and debt—the market had swung between fits of despair and shades of hope. But this rally, wild as a mustang, had the weary grifters dreaming there might still be gold in them hills.
The market, after weeks of idling like a rusty Ford, suddenly kicked into gear. All at once, people remembered what optimism felt like, though most would never admit it aloud.
Look here: Bitcoin itself, stubborn as an old dog, jumped by 5.52% in a single day. If you believe the folks with calculators—$101,316.38 at the latest count. That’s the stuff that makes a man check his sofa cushions for spare Satoshis.
The gospel according to CZ landed with a thump: stubborn patience usually gets you a seat at the celebration table while the fretful are still outside searching for their hats. Coinglass, nosey as an old shopkeeper, reported three million coins finding new profits just because their owners managed not to have the financial equivalent of the Vapors.
Selling in a panic? That’s like selling your last loaf of bread during a thunderstorm because someone said flour’s going out of style. Better to wait, maybe grumble a little, but hang on till the sun’s shining again.
Volatility is the weather of this crypto landscape: sometimes a drought, sometimes a downpour—never mild, but always there. Those who don’t bolt for the barn at every rumble are the ones left smiling. And possibly shopping for a new hat. 🧢😏
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2025-05-08 22:45