On December 16, Binance CEO Richard Teng shared on social media that many of his friends are inquiring if now is a good time to invest in cryptocurrency due to increasing interest and FOMO (Fear of Missing Out). Teng advised caution and emphasized the importance of conducting thorough research (DYOR: Do Your Own Research) before participating in the crypto market.
He also pointed out that the industry is still in its early stages in the long term.
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