CZ: If you ever believed in the 'Bitcoin is dead' statements, you can only blame yourself... BTC approaches the $90,000 mark

During the 16 years from Bitcoin's inception, which went from having no actual value to nearly approaching $90,000 (with contract premiums breaking earlier), there have been many 'Bitcoin is dead' statements flooding the market. In this regard, Binance founder Zhao Changpeng tweeted today that those who once believed in the 'Bitcoin is dead' narrative can only blame themselves. (Background: Bitcoin's market cap surpasses silver to become 'the 8th largest asset in the world'; analysts predict that BTC spot ETF may surpass gold ETF in January next year) (Background information: As Bitcoin bull market arrives, how can small investors maximize their gains?) Bitcoin has now been around for nearly 16 years, going from having no actual value to a single coin once breaking $90,000 (in the contract market), from being held by a small group of mining communities to governments and institutions vying to buy it, everything seems to be going so smoothly. However, in reality, Bitcoin has experienced multiple fatal crashes during these 16 years, each making the market believe 'Bitcoin is dead.' Yet, each downturn ultimately brought a brighter future for Bitcoin. Zhao Changpeng: If you ever believed in the 'Bitcoin death theory,' you can only blame yourself. In this context, Binance founder Zhao Changpeng (CZ) tweeted today, along with a website link, stating: If you believed any of the 'Bitcoin is dead' statements, then you can only blame yourself. If you believed any of these guys, then … blame yourself.https://t.co/J2lp9KDeBZ — CZ BNB (@cz_binance) November 12, 2024 Interestingly, this website records as many as 385 'Bitcoin death statements,' with the earliest record dating back to October 15, 2010, published by The Underground Economist (Why Bitcoin Can't Become a Currency); the last article was published on June 19, 2022, by News.com.au (Bitcoin falls to $17,000, marking the death of cryptocurrency). Additionally, the website compiles a chart summarizing the timing of each death statement, and we can clearly see that such statements continue to emerge regardless of whether Bitcoin's price rises or falls. CZ: Don't put all your eggs in one basket Regarding Bitcoin's continuous new highs, CZ also expressed his views in a tweet on the 9th, advising investors to practice proper risk management: As Bitcoin continues to set new historical highs, one should be prepared for risk management. There will be many lows (and highs) in the future. Ensure you can handle them. Control your greed and don't put all your eggs in one basket. Notably, this tweet by CZ quotes his famous statement made during the 2021 bull market: If you can't hold, you won't be rich. Related reports: Bitcoin breaks through $81,500 to set a new high; Ethereum challenges $3,250 'Long and Short Kill' over 210,000 people liquidated; bearish on Bitcoin! CryptoQuant CEO warns of 'falling below $59,000' by year-end, predicting a price point for a reward of 0.1 BTC. Bitcoin surges 10% 'breaking through $89,000' new high! MicroStrategy increases its holdings by 27,000 BTC, stock skyrocketing. "CZ: If you ever believed in the 'Bitcoin is dead' statements, you can only blame yourself... BTC approaches the $90,000 mark" This article was first published by BlockTempo (BlockTempo - the most influential blockchain news media).