CZ's "buy and hold" statement questioned: If all cryptocurrencies listed on Binance contracts were bought last year, the investment would be worth zero

CZ stated yesterday that few trading strategies can outperform the simple "buy and hold," encouraging users to maintain their holdings during the crypto bear market. However, this statement was met with skepticism from the community. @WazzCrypto cited data indicating that "if you had bought all the coins listed on Binance contracts last year, your portfolio would be close to zero."

In response to the criticism, CZ replied this morning, "Clearly, this strategy does not apply to all cryptocurrencies. It's similar to buying all internet or AI projects/companies. In any industry, most companies/projects will fail. A few successful cases will grow exponentially."