Binance's former CEO Changpeng Zhao (CZ) sent a message to cryptocurrency investors by quoting a famous Winston Churchill saying.
CZ posted on his Twitter, "Neither success is eternal nor failure is fatal. The important thing is the courage to 'HODL'." This is a reinterpretation of Churchill's famous quote for the cryptocurrency market.
Despite stepping down as Binance CEO in November 2023 and spending four months in detention, CZ is still considered an influential figure in the cryptocurrency industry.
At the beginning of this year, he was appointed as a strategic advisor to Pakistan's new cryptocurrency committee, continuing his influence in the industry. This message from CZ, the co-founder and former CEO of the world's largest cryptocurrency exchange Binance, is interpreted as emphasizing the importance of long-term investment.
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