CZ's "Buy and Hold" Strategy Questioned: Investing in All Coins Listed on Binance Futures a Year Ago Would Have Resulted in Total Loss

BlockBeats News, January 28th, CZ stated yesterday that few trading strategies can beat a simple "buy and hold," encouraging users to hold during the crypto bear market. However, this statement has been questioned by the community. @WazzCrypto cited data indicating that "if you bought all the coins listed on Binance's futures last year, the portfolio would be close to zero."

In response to the questioning, CZ replied this morning, stating, "Obviously, this strategy does not apply to all cryptocurrencies. This is similar to buying all internet or artificial intelligence projects/companies. In any industry, most companies/projects will fail. A few successful cases will experience exponential growth."