Richard Teng Motivates Crypto Community with Emphasis on Discipline and Building

Richard Teng Motivates Crypto Community with Emphasis on Discipline and Building

Richard Teng, the new CEO of Binance, has sparked lively discussions in the crypto community with his recent X post. Teng emphasized the importance of discipline over motivation when creating business products, particularly in the blockchain space. He stated, "Motivation fades. Discipline lasts," a message that resonated with many in the crypto community.

Teng’s post included an infographic to illustrate his point, drawing comparisons to CZ’s earlier motivational tweets about long-term thinking and "buidling." The Binance community responded enthusiastically, with some agreeing that discipline is the primary driver for builders, while others argued that both motivation and discipline are equally crucial for innovation.

Building and Learning During Market Downturns

Teng also highlighted the value of building and learning during market crashes. He encouraged the community to focus on product development, improving technical skills, exploring new protocols, and connecting with crypto communities during slower periods. "Use quieter periods to strengthen your foundation and prepare for opportunities," he advised.

Bitcoin Price Volatility

Amid Teng’s motivational messages, Bitcoin experienced significant volatility. After a 5.5% drop triggered by China’s response to U.S. trade tariffs, Bitcoin partially recovered, gaining 1.36% to trade at $97,890. Earlier, BTC had dropped to $92,830, marking a 12% decline since Friday.

Teng’s focus on discipline and building aligns with the broader crypto community’s emphasis on resilience and long-term growth, even during market challenges. His leadership continues to shape Binance’s strategy in the evolving blockchain ecosystem.