Bitcoin Reserves: Zhao Warns Against Blindly Following the Trend
Date: 2025-06-04 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Changpeng Zhao, the founder and former head of Binance, expressed his opinion on the growing popularity of the strategy of storing corporate assets in bitcoin. Commenting on a post in X, which presented a list of companies that formed bitcoin reserves in May, he urged to approach this issue with a cool head and an understanding of the principles of risk management.
According to Zhao, risk is always present, and any organization deciding to invest in the first cryptocurrency should consider:
- Risk is not something binary - it varies from zero to one hundred;
- Skillful allocation of resources allows you to achieve a balance between profitability and sustainability;
- Risk management is a necessary skill, not a luxury;
- Even abstaining from risk in itself can turn into a risk.
In a dialogue with subscribers, CZ noted that he himself is forced to regulate his assets: in particular, he admitted that he owns an excessive amount of fiat and stablecoins, which, according to him, requires revision.
When one of the users asked how to correctly determine the optimal level of risk, Zhao suggested looking at the situation from the point of view of extreme scenarios. For example, is a person ready for a complete collapse of Bitcoin or the devaluation of traditional currency due to political upheaval.
"It is important to ask yourself: will you be able to survive if the usual supports disappear? This is not science fiction, but a possible outcome," he emphasized, adding that such events happen more often in history than many people think.
This is not the first time that Zhao has shared his views on the future of the crypto market. Previously, he stated that Bitcoin is capable of reaching the $ 1 million mark in the current cycle, but his latest comment suggests that he still assesses the situation soberly and does not exclude the opposite scenarios.
Thus, the former head of Binance reminded: even in the conditions of cryptocurrency optimism, one should not forget about the risks, especially when it comes to mass following of fashion.
