Cryptocurrency Investment Decisions Quiz
10 Questions
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Cryptocurrency Investment Decisions Quiz

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@WellRoundedSanctuary

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Questions and Answers

What does FOMO stand for?

  • Fear of Making Opportunities
  • Fear of Missing Out (correct)
  • Fear of Making Out
  • Fear of Making Obligations

    • What is the purpose of FUD?

  • To promote positive public opinion about cryptocurrency
  • To manipulate public opinion by spreading nonfactual information (correct)
  • To give investors an advantage in the crypto market
  • To help investors understand crypto market cycles

    • What is the best way to make sound investment decisions when investing in cryptocurrency?

  • Rely on intuition and trust your gut
  • Follow the advice of experienced investors
  • Follow the fear and greed index
  • Do your own research (correct)

    • What is the purpose of understanding crypto market cycles?

    <p>To identify when to buy and sell</p> Signup and view all the answers

    Why is it difficult to make sound investment decisions?

    <p>Because of the fear of losing money</p> Signup and view all the answers

    What is the innate behavior that is hardwired in humans?

    <p>Seeking out predators</p> Signup and view all the answers

    What is the main struggle when investing?

    <p>Logic versus emotion</p> Signup and view all the answers

    What is the purpose of DYOR?

    <p>To do your own research</p> Signup and view all the answers

    What does the fear and greed index measure?

    <p>The highs and lows of the crypto market</p> Signup and view all the answers

    What is the main goal of this course?

    <p>To explore what investors should know before investing</p> Signup and view all the answers

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