Post
Topic
Board Economics
Re: How they get rich - Changpeng Zhao
by
Mauser
on 03/02/2021, 11:32:46 UTC
The reason why the rich become rich is because they can see opportunities that we do not see, thanks to their extensive experience and vision, and even their level of education. Although it is difficult for ordinary people to reach his level, they can work hard in this direction.
This is true, it's always opportunity that gives boost to our wealth as long as we could take advantage of the opportunity fully. At that time if I remember correctly binance first appearance as a small exchange was such a fresh breath in the air from the already existing exchange with really strict rules like bittrex or poloniex. Binance could easily take all the customers who got kicked out of those two exchanges and become best crypto exchange meanwhile. It's clear that he could see the opportunity at that time and man, I wish i invested to BNB LOL.

The market will present opportunities in a bull or bear market for us. It is on us to find these opportunities and be able to exploit them. Sure there are some people who just have an eye for these kind of things. It might be through education, training or patience to find these perfect places to invest and create your own business. But there is also some luck involved to be at the right place at the right time. Like absorbing the customers from two other exchanges was definitely a briliant move.