Crypto Risk Management Quiz

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Questions and Answers

What is the best way to ensure success in the crypto space?

  • Taking security for granted
  • Holding off-chain buffer assets
  • Having a short-term perspective
  • Diversifying your portfolio (correct)

What is the most important principle to keep in mind for handling risk in crypto?

  • Generating yield
  • Holding off-chain buffer assets
  • Not taking security for granted
  • Having a long-term perspective (correct)

What is an example of a strategy to minimize financial risk?

  • Taking security for granted
  • Having a short-term perspective
  • Hedging against market cycles (correct)
  • Generating yield

What should be avoided when handling risk in crypto?

<p>Taking security for granted (B)</p> Signup and view all the answers

What is a key factor for success in the crypto space?

<p>Having a long-term perspective (D)</p> Signup and view all the answers

What is an example of a strategy to maximize long-term results?

<p>Diversifying your portfolio (D)</p> Signup and view all the answers

What is the best way to sleep better at night?

<p>Having a long-term perspective (C)</p> Signup and view all the answers

What is an example of a stablecoin?

<p>Tether (C)</p> Signup and view all the answers

What should be done to ensure success in the crypto space?

<p>Diversifying your portfolio (C)</p> Signup and view all the answers

What is the best way to hedge against market cycles?

<p>Using stablecoins (D)</p> Signup and view all the answers

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