The head of Binance crypto exchange Changpeng Zhao said that most people's thoughts are mistakenly focused on a linear scale instead of a logarithmic scale. Accordingly, crypto investors need to change their approach in assessing asset prospects and be more patient with short-term collapses on the chart, counting on the long term.
As an illustration, the billionaire brought the corresponding Bitcoin rate chart. And as you can see, it is the logarithmic scale (in orange) here that shows more promising behavior of BTC.
So it is possible to get involved with cryptocurrency. The main thing is to be ready to wait.
The head of Binance crypto exchange Changpeng Zhao said that most people's thoughts are mistakenly focused on a linear scale instead of a logarithmic scale. Accordingly, crypto investors need to change their approach in assessing asset prospects and be more patient with short-term collapses on the chart, counting on the long term.
As an illustration, the billionaire brought the corresponding Bitcoin rate chart. And as you can see, it is the logarithmic scale (in orange) here that shows more promising behavior of BTC.
So it is possible to get involved with cryptocurrency. The main thing is to be ready to wait.
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