Looking back at the entrepreneurial history of a founder of a leading exchange, it is indeed full of drama.

When the project was just launched in 2017, the BNB token plummeted from $1 to $0.09 due to policy reasons—this deep pit deterred many people. In 2021, it even experienced a comprehensive mining ban, and trading was classified into a gray area. If it weren't for these two rounds of shocks, BNB could have risen from $1 to $1200 in less than 7 years, possibly even within three to five years. The "second place" of ETH might have changed hands long ago.

But interestingly, every time a disaster occurs in the country, this founder always donates.

There is a lot of controversy online. Some say this is hypocrisy, claiming that the recent charity concept meme coin GIGGLE essentially uses the money from liquidated users for charitable purposes.

You can think carefully - isn't it something that should be shouldered by oneself when it comes to liquidation?

This founder has never advocated for contracts and has even publicly expressed disdain for contracts and chasing price fluctuations. His consistent stance is very simple: be a long-term investor, buy mainstream coins like BTC, ETH, and BNB, and then hold onto them. Even recently, when supporting ASTER, his slogan was "I am not a trader, I only buy and hold."

He himself is a practitioner of long-termism and hopes that others in the circle will do the same.

The problem is that 99% of people look down on the small profits from spot trading and insist on playing with high-leverage contracts. As a result, they get liquidated and then blame the platform and the tokens. This logic is truly baffling.