Binance CEO Richard Teng evaluated the consolidation process observed in the crypto currency ecosystem and the current trends of the market. Teng stated that the elements that bring the success are not reflected in the public and presented important clues in the face of fluctuations in the market.
Recommendations for Crypto Investors
Richard Teng said that there is risk, patience, intensive work, disciplined act and stability in his share in social media. Emphasizing that these elements are frequently ignored in the market, Teng showed both his personal experience and his strategies of Binance’s strategies.
Richard Teng: “Behind each success picture, there are elements that do not seem to be like risk, patience, labor, discipline and continuity.”
Binance stated that it is based on these values in the development process, taking the risks defined by the listing of new tokens and startup investments. Teng said that continuous efforts to develop products will improve the user experience.
Market Status and Developments
The price of Bitcoin fell rapidly with Trump’s denial of news exempt from tariffs in Chinese technology items. In the new week, we hoped that we could see a rise in the crypto with the melting of the ice between China and the United States. However, when the US president suddenly becomes the head of the social media account and makes a statement from the style of ız Our trade partners who earn unfair earnings will not be able to escape from us ”, things can change. This was exactly what happened in the last few hours.
With Trump’s move, the slimming in the subcoins gained momentum, while ETH suddenly went below $ 1,600.
However, in the previous days, Teng made statements that global financial uncertainties and trade tensions could have positive effects on Bitcoin. Bitcoin’s decentralized structure reinforces the ability to be a valuable hiding tool independent of general monetary policies.
Market dynamics can be evaluated as a guide for institutions that take strategic steps in the field of digital money. Investors aim to balance risks within the framework of existing fluctuations and long -term development strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
