Richard Teng, CEO of Binance, has highlighted the importance of adopting a long-term investment perspective amid the cyclical nature of markets. In a recent post on his Binance Square account, Teng reminded investors that experiencing ups and downs is not uncommon in the financial markets.
Teng acknowledged the inherent volatility and cyclical behaviour of markets, stating, "Markets are cyclical. Experiencing ups and downs is not uncommon." His message aimed to reassure investors that fluctuations are a natural part of market dynamics and should be expected.