CZ said that he was at risk of holding too much fiat currency or stablecoin and would reduce such risk exposure

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PANews
06-03
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According to PANews on June 3rd, when asked about the extent of his "risks," CZ responded: "There are many risks. I hold more fiat (stablecoins) than I want. I just received some more and need to reduce my exposure in this area."

Another user asked how to find the perfect balance when taking risks to maximize investment returns, noting that risks are not a binary 0 or 1 situation, but rather a range that needs to be managed. CZ stated: "You might consider extreme scenarios: if an asset drops to zero, can you handle it? However, extreme situations in reality are not actually that extreme, but they can indeed happen."

Previously, CZ discussed risks related to Bitcoin reserves: need to balance management, and not taking risks is also a risk.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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