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Cryptocurrency Investment and Market Psychology

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Cryptocurrency Investment and Market Psychology

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Questions and Answers

What is FOMO?

Fear of Making Opportunities

Fear of Making Obligations

Fear of Missing Out (correct)

Fear of Making Overreactions

What is FUD?

Fear of Undermining Decisions

Fear of Unwanted Decisions

Fear of Uncertainty and Doubt (correct)

Fear of Unforeseen Decisions

What is DYOR?

Do Your Own Research (correct)

Do Your Own Reactions

Do Your Own Regulations

Do Your Own Responsibilities

What should you do before investing in cryptocurrency?

Invest without conducting due diligence Signup and view all the answers

What is the purpose of understanding crypto market cycles?

To make better investment decisions Signup and view all the answers

What are the two most difficult emotions that investors struggle with?

Fear of Missing Out and Fear, Uncertainty, and Doubt Signup and view all the answers

What is the main struggle between logic and emotion in investing?

Making sound investment decisions Signup and view all the answers

What may have helped our ancestors stay alive?

Seeking out predators Signup and view all the answers

What is the fear and greed index?

A measure of market sentiment Signup and view all the answers

What is the main focus of this course?

What to know before investing in cryptocurrency Signup and view all the answers