CZ responds to controversy over 'buy and hold' strategy: not applicable to all cryptocurrency assets

CZ announced yesterday that "buy and hold" is one of the few ways to outperform other trading strategies and encourages users to adopt long-term holding strategies during the cryptocurrency bear market. However, community user @ WazzCrypto questioned the universality of this viewpoint, pointing out that if they had bought all the currencies listed on Binance contracts last year, the overall investment portfolio would have been close to zero. CZ responded this morning that the strategy is clearly not applicable to all cryptocurrencies and stated that most projects will ultimately fail, with only a few successful ones achieving exponential growth.