Binance CEO Changpeng Zhao (CZ) has), warning Twitter followers shouldn’t trade crypto based on rich people’s tweets.

“If you follow a rich person and frantically follow their tweets to take action, you will … not get rich.”

CZ issued a warning when he commented on another of his tweets indicating that no rich person gets rich simply because he follows other rich people’s tweets.

Changpeng Zhao – CEO Binance

In both tweets, he emphasized that investors and traders do not need to be influenced by celebrity tweets when making financial decisions.

Elon Musk changed his profile picture to an anime character have a couple Laser eyes with Bitcoin logo

Elon Musk, CEO of Tesla and founder of SpaceX, accidentally changed his Twitter profile picture to one of the famous anime characters with laser eyes and disguised himself with the Bitcoin symbol.

Photo from Elon Musk’s Twitter account

Bitcoin price tied to Elon Twitter activity this year

Elon changed his profile picture just a day after posting two memes on Twitter showing that he and Tesla parted ways with Bitcoin again. The Crypto Twitter community continued to blame these two memes when Bitcoin fell from $ 39,500 to a local low of $ 35,555 on the same day.

The above two shared Twitter memes add to the long list of Elon Musk tweets that have had a massive impact on the price of Bitcoin and all digital assets since Tesla announced it had sold 1.5 billion Bitcoin in February this year. Bought dollars.

It is understandable, therefore, that the CEO of Binance warns investors and traders against taking Elon Musk’s tweets about Bitcoin and cryptocurrencies as financial advice.

At home at home

According to Ethereum World News

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