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Binance Founder CZ Says Bear Markets Favor Long-Term Crypto Builders

Changpeng Zhao, known as CZ, said teams that continue building during market downturns are more likely to focus on long-term development despite uncertainty.

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Terms & Concepts
  • Bear market: A prolonged period of falling prices and weak sentiment, often testing whether crypto projects can keep building through downturns.
  • Long-termists: Participants focused on sustained development and long-horizon value creation rather than short-term market moves.
  • Crypto builders: Developers, founders, and teams creating blockchain products, infrastructure, or services for the digital asset industry.