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?

<p>Invest without conducting due diligence (D)</p> Signup and view all the answers

What is the purpose of understanding crypto market cycles?

<p>To make better investment decisions (B)</p> Signup and view all the answers

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

<p>Fear of Missing Out and Fear, Uncertainty, and Doubt (D)</p> Signup and view all the answers

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

<p>Making sound investment decisions (A)</p> Signup and view all the answers

What may have helped our ancestors stay alive?

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

What is the fear and greed index?

<p>A measure of market sentiment (A)</p> Signup and view all the answers

What is the main focus of this course?

<p>What to know before investing in cryptocurrency (D)</p> Signup and view all the answers

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