According to online reports, Binance founder Zhao Changpeng posted on social media that the market decline is part of the free market. CZ pointed out that if you feel pressured by market fluctuations, you may need to reduce the size of your investment (provided that cryptocurrencies are considered an investment). He said it was not financial advice, and said that for him, cryptocurrencies represented a shift in worldview, having retired from the traditional world 11 years ago.