$BTC I sold my house and put everything in bitcoin, says former CEO of Binance.

Binance CEO CZ

Binance CEO CZ

Changpeng Zhao, better known as CZ, the founder and former CEO of Binance, continues to publish information about cryptocurrencies and his personal life on his Twitter account (X), despite having left his position at the world's largest exchange.

In a post published this Sunday morning (3), CZ spoke about how he started in the cryptocurrency market, stating that he made a decision that many would consider risky: he left his stable job, sold his house and decided to invest everything in Bitcoin.

CZ explained his decision, but also made an important caveat. He clarified that he is not suggesting that everyone should follow his example. The former CEO of Binance highlighted that each person has a different risk profile and that it is essential to understand and learn about risk management before making such significant decisions.

“10 years ago, I quit my job, sold my house and got into Bitcoin. No, I'm not saying you should do the same. Many people asked: how could you take such risks? I knew I could easily get a job
 Everyone’s risk profile is different. Learn risk management.”