When asked how much risk he faces, Binance founder Zhao Changpeng responded, "There are many risks. I hold more fiat (stablecoins) than I want. I just received some more and need to reduce my risk exposure in this area
Another user asked how to find the perfect balance point when taking risks to maximize investment return, as risk is not a binary opposition of 0 or 1, but a scope that needs to be managed. Zhao Changpeng said, "Imagine an extreme situation. If a certain asset falls to zero, can you cope? However, extreme situations in reality are not as extreme, but they are indeed possible
Previously, Zhao Changpeng talked about the risks related to Bitcoin reserves: it is necessary to balance management, and not taking risks is also a risk.