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CZ said that the lack of confidence in holding money stems from a lack of understanding of technology and finance."

According to online reports, Binance founder CZ pointed out in an article on the X platform that users cannot hold Bitcoin for a long time often stems from a lack of understanding of technology, finance and world operating mechanisms. He said that if you buy Bitcoin only because of someone's recommendation, you will be more likely to fall into panic selling when encountering fluctuations. He advised investors to read more relevant materials to enhance their awareness and beliefs.

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