Changpeng Zhao, the co-founder of Binance, addressed a recent misrepresentation of his earlier comments about Bitcoin, stating, "No need to panic, Bitcoin will never die!" This statement, which he made a few years ago, was mistakenly framed as breaking news by a cryptocurrency content creator known as Martini Guy. Zhao, who has an estimated net worth of $110 billion, remains a staunch advocate for Bitcoin. He believes that the key to successful trading lies in buying during market fear and selling during greed. Currently, the Crypto Fear & Greed Index shows a sentiment of 'Fear', a slight improvement from the previous 'Extreme Fear'. As of now, Bitcoin is trading at $77,022.50, reflecting a 0.22% increase over the last 24 hours. Zhao's investment strategy has previously revealed that over 98% of his cryptocurrency portfolio is in Binance Coin (BNB), with only a small portion allocated to Bitcoin.