According to PANews on May 20, former Binance CEO Changpeng Zhao (CZ) published an article proposing that crypto investment risk management should focus on three points: first, assess the worst-case scenario, whether the lifestyle can be maintained if the assets are reduced to zero; second, the number of attempts that one can afford; and third, whether one truly understands the project being invested in, and if not, one should take the initiative to learn.