Binance CEO CZ made waves by saying, “If you want to get rich quick, don’t touch crypto.” His statement comes as the market sees a fresh wave of speculative traders chasing fast profits.
Why CZ said this
CZ is pushing back against the idea that crypto is a casino. He stressed that relying on luck and hype often ends badly for most retail investors. With the rise of meme coins and ultra-short-term trades, he wants to remind the community that solid returns come from research, discipline and long-term conviction, not gambling on quick flips.
He also noted that holding quality assets over time usually outperforms constant trading. His own success story, building Binance through years of work, underscores why he warns against chasing instant wealth.
What it means for investors
This message is a reality check. The crypto market moves in cycles and rewards patience, not desperation. For investors focused on fundamentals and strategy, CZ’s words reinforce the importance of building positions wisely and resisting the noise of get-rich-quick narratives.
