Binance CEO Changpeng Zhao (CZ) shared insights on investment risk management via social media, highlighting the importance of personal financial stability. CZ recounted selling his house to invest, noting it seemed risky but was manageable due to his steady income. He stressed that risk perception is subjective and market volatility is constant. CZ advised investors to develop risk control strategies, maintain investments within personal limits, and avoid over-concentration. He urged caution against excessive greed during market highs and undue fear during downturns, emphasizing balanced decision-making in crypto investments.