CZ (Binance founder) Says Few Strategies Beat Simple Buy-and-Hold

CZ (Binance founder) emphasizes that the 'buy-and-hold' strategy has outperformed most trading approaches he has observed over the years, as shared in a January 25 social media post.

Summary

In a January 25 social media post, CZ (Binance founder) stated that after observing numerous trading strategies, few have outperformed the simple 'buy-and-hold' strategy, which he has consistently followed over the years.

Terms & Concepts
  • Buy-and-hold: A long-term investment approach of purchasing assets and holding them without frequent trading.