Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade

CZ has cautioned investors and investors against the use of tweets of rich other people to tradeHe explained that almost all rich other folks don’t turn out to be wealthy by doing things in step with different wealthy other peopleElon Musk has updated his Twitter profile picture to 1 of an anime character with laser eyes and dressed in the Bitcoin logoThe CEO of Tesla had in advance tweeted a meme suggesting the corporate was once parting ways with Bitcoin

The CEO of Binance, Changpeng Zhao, or just CZ, has counseled his Twitter fans against trading crypto in line with the tweets of rich people. CZ used to be commenting on an earlier tweet in which he talked about that rich folks on a regular basis do not change into rich as a result of they did things in keeping with other wealthy other folks’s tweets.

Below is a screenshot of both of his Tweets highlighting the will for crypto buyers and buyers to be unbiased of the influence of tweets via celebrities when making financial decisions.

Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade Altcoin News  Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade Altcoin News

Elon Musk Changes His Profile Image to an Anime Personality With Laser Eyes, Wearing the Bitcoin Logo

Earlier today, the CEO of Tesla and founding father of SpaceX, Elon Musk, randomly modified his Twitter profile picture to 1 of an anime character with the well-known laser eyes and wearing an outfit with the Bitcoin emblem. A screenshot of his Twitter profile with the new image can be found below.

Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade Altcoin News  Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade Altcoin News

Bitcoin’s Price Has Been Tied to Elon’s Twitter Activity This Year

The change in Elon’s profile picture comes only a day after he published two memes on Twitter suggesting that he and Tesla, had been once again parting tactics with Bitcoin. The Crypto Twitter neighborhood went directly to blame his memes for the day gone by’s Bitcoin dip from $39,500 levels to a neighborhood low of $35,555 on the same day.

The two memes shared via Twitter upload to a protracted checklist of Elon Musk’s tweets that experience had an important affect on the value of Bitcoin and all virtual belongings seeing that Tesla discovered it had purchased $1.5 billion worth of Bitcoin in February of this year.

Therefore, it can be loosely concluded that the CEO of Binance was cautioning crypto buyers and buyers against taking Elon Musk’s tweets on Bitcoin and crypto, as monetary recommendation.

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