Entrepreneurs / Investors

42 Changpeng Zhao, CZ Binance Quotes (CRYPTO)

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Top 10 Most Famous Changpeng Zhao, CZ Binance Quotes (BEST)

It may take some effort, but what else have we got to do Let's rebuilt.
It may take some effort, but what else have we got to do? Let’s rebuilt.
The best opportunity was yesterday, the next best one is today. Keep building.
The best opportunity was yesterday, the next best one is today. Keep building.
If you want to help a person for a day, give them crypto. If you want to help a person for a life time, teach them #crypto.
If you want to help a person for a day, give them crypto. If you want to help a person for a life time, teach them #crypto.
There is no overnight success. Luck is built over the long run, a little bit at a time, consistently.
There is no overnight success. Luck is built over the long run, a little bit at a time, consistently.
If an exchange have to move large amounts of crypto before or after they demonstrate their wallet addresses, it is a clear sign of problems. Stay away.
If an exchange have to move large amounts of crypto before or after they demonstrate their wallet addresses, it is a clear sign of problems. Stay away.
Don't try to accumulate assets with unlimited supply. It's a game you will never win. Only the supplier wins.
Don’t try to accumulate assets with unlimited supply. It’s a game you will never win. Only the supplier wins.
Don't play a game where they can change the rules when you are just about to win. Just leave and let them play with themselves.
Don’t play a game where they can change the rules when you are just about to win. Just leave and let them play with themselves.
If you work hard enough, you won't hear any noise.
If you work hard enough, you won’t hear any noise.
The word risk means different things to different people. Some people say risk. Some people say opportunity.
The word risk means different things to different people. Some people say risk. Some people say opportunity.
If the market don't shake out the weak hands, it won't have the strong foundation to grow further.
If the market don’t shake out the weak hands, it won’t have the strong foundation to grow further.

7 Changpeng Zhao, CZ Binance Quotes on Long Term Success

“I never view anyone as competition. If I’ve got that mindset, everyone’s the enemy to me, even very different businesses. But I have an abundance mentality. I think most things in this world are not limited resources. Money is not. Business opportunities are not. And the crypto industry is not.”

CZ Binance
Trust is earned over long periods of time, through consistent positive actions.
Trust is earned over long periods of time, through consistent positive actions.
Keep building, steadily and consistently.
Keep building, steadily and consistently.
Some setbacks make you stronger. Never waste an opportunity.
Some setbacks make you stronger. Never waste an opportunity.
The road to mass adoption relies on a dedicated and active community.
The road to mass adoption relies on a dedicated and active community.
In tough times, communicate with your community more frequently, every few hours.
In tough times, communicate with your community more frequently, every few hours.
Keep building. Keep learning. Keep giving.
Keep building. Keep learning. Keep giving.

7 Inspirational Changpeng Zhao, CZ Binance Quotes About Life

FUD is annoying, but makes you stronger.
FUD is annoying, but makes you stronger.
We are the industry leader, so we expect to be targeted. But we need to stand tall as an industry and stand together.
We are the industry leader, so we expect to be targeted. But we need to stand tall as an industry and stand together.
Lastly, don't ask me about a plan. Never had a plan for Binance. Entrepreneurs don't plan. We execute and adjust.
Lastly, don’t ask me about a plan. Never had a plan for Binance. Entrepreneurs don’t plan. We execute and adjust.
I am bad at planning. Never really had a plan. This creates problems for team members who like structure. This is also why Binance only hires dynamic people.
I am bad at planning. Never really had a plan. This creates problems for team members who like structure. This is also why Binance only hires dynamic people.
I am not smart. I am not good-looking. I don’t have (fiat) money. I am not good at most things. I bond people together, even though I am bad at socializing too.
I am not smart. I am not good-looking. I don’t have (fiat) money. I am not good at most things. I bond people together, even though I am bad at socializing too.
If you blame others for your misfortunes, you won't be rich. Take ownership of yourself.
If you blame others for your misfortunes, you won’t be rich. Take ownership of yourself.
The small things in life often show a big heart.
The small things in life often show a big heart.

3 Changpeng Zhao, CZ Binance Quotes on Market Cycles

We need to respect the market, with a level of caution too. It goes up and down in cycles. And especially the fact that it doesn't always make sense.
We need to respect the market, with a level of caution too. It goes up and down in cycles. And especially the fact that it doesn’t always make sense.
We always believed winter is the best time to invest.
We always believed winter is the best time to invest.
Bull market has a lot of noise. Strong projects shine in bear markets.
Bull market has a lot of noise. Strong projects shine in bear markets.

8 Changpeng Zhao, CZ Binance Quotes on Blockchain and Cryptocurrency

“In December 2013, I went to a conference in Las Vegas and bumped into Vitalik Buterin, one of the founders of Ethereum… There was one other guy that was quite influential. I was learning Ripple. He came over with a laptop to show me how it works, and in the process, he transferred [$500 of Ripple’s token] XRP to me and said, ‘You can use that to teach the next guy.’ So I was like: ‘Well, this is a pretty generous group of people. They’re really not after the money. They’re really just wanting to teach.’ Shortly after that, I quit my job, sold my house.”

CZ Binance
Imagine not having roads. Imagine not having internet. I can't imagine not having blockchain.
Imagine not having roads. Imagine not having internet. I can’t imagine not having blockchain.
We might still be in a bear market, but these conferences are not getting smaller. Fullhouse at SFF session.
We might still be in a bear market, but these conferences are not getting smaller. Fullhouse at SFF session.
Don't buy a coin because someone (especially famous people) said something. Only buy coins you like yourself for some intrinsic reason.
Don’t buy a coin because someone (especially famous people) said something. Only buy coins you like yourself for some intrinsic reason.
It's not how much crypto you have; it's how many people you helped.
It’s not how much crypto you have; it’s how many people you helped.
In a conversation today 'you know #bitcoin dropped from $50k to below $20k now.' Me 'yes, but #bitcoin didn't start at $50k.'
In a conversation today: ‘you know #bitcoin dropped from $50k to below $20k now.’ Me: ‘yes, but #bitcoin didn’t start at $50k.’
Sometimes, it's just sad to see people who don't understand #bitcoin, but still want to talk about it like they do.
Sometimes, it’s just sad to see people who don’t understand #bitcoin, but still want to talk about it like they do.
There are no banks here [somewhere in Africa], but there is crypto now.
There are no banks here [somewhere in Africa], but there is crypto now.

4 Wise Changpeng Zhao, CZ Binance Quotes that will Make You Think (WISDOM)

The most limited resource in the world are entrepreneurs.
The most limited resource in the world are entrepreneurs.
Long distance tells you a horse's real strength; Time tells you a person's true heart.
Long distance tells you a horse’s real strength; Time tells you a person’s true heart.
When people say they don't like something, but they can't stop talking about it, you know it's good.
When people say they don’t like something, but they can’t stop talking about it, you know it’s good.
It's technology progress. It's inevitable. Technology is neither good or bad. We just have to make them responsibly.
It’s technology progress. It’s inevitable. Technology is neither good or bad. We just have to make them responsibly.

3 Changpeng Zhao, CZ Binance Quotes on the Collapse of FTX and SBF

“FTX aside, avoid businesses/exchanges/projects that: – are not profitable (musical chairs) – survive by selling their own tokens – give high incentives for locking your tokens – have a large total supply, but only a small circulation supply – involves loans Stay #SAFU”

CZ Binance
What a sh!t show… And it's going to be crypto's fault, (instead of one guy's fault)…
What a sh!t show… And it’s going to be crypto’s fault, (instead of one guy’s fault)…

Two big lessons: 1: Never use a token you created as collateral. 2: Don’t borrow if you run a crypto business. Don’t use capital ‘efficiently.’ Have a large reserve. Binance has never used BNB for collateral, and we have never taken on debt.

CZ Binance

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Changpeng Zhao, CZ Binance Quotes (CRYPTO) - Gracious Quotes