Crypto Investment Strategy Quiz
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Questions and Answers

What is the best strategy for investing in crypto?

  • Buy when the market is hot and sell when it goes through a correction.
  • Buy when the market is low and sell when it goes through a correction.
  • Buy when the market is hot and hold until it goes through a correction.
  • Buy when the market is low and hold until it goes through a correction. (correct)

What is an example of a long-term investment that has yielded great returns?

  • Bitcoin
  • Ethereum
  • Amazon (correct)
  • Ripple

What is the most important thing to keep in mind when investing in crypto?

  • Use leverage such as futures or crypto-collateralized loans.
  • Invest in projects that you believe will be valuable in a decade (correct)
  • Short-term trading strategies.
  • Investing with a 10-year time horizon.

What is the current state of the crypto markets most similar to?

<p>The tech stock market in the late 90s (B)</p> Signup and view all the answers

What is the most likely outcome for the crypto ecosystem as a whole?

<p>A continued growth (D)</p> Signup and view all the answers

What is the best way to avoid losses in crypto investing?

<p>Invest with a 10-year time horizon (A)</p> Signup and view all the answers

What happened to Amazon stock after its IPO in 1997?

<p>It grew by more than 40x (B)</p> Signup and view all the answers

What is the primary benefit of taking a long-term approach to crypto investing?

<p>Higher returns over time (D)</p> Signup and view all the answers

What is the most important thing to consider when investing in crypto?

<p>The long-term potential of the project (D)</p> Signup and view all the answers

What should you avoid when investing in crypto?

<p>Leverage such as futures or crypto-collateralized loans (A)</p> Signup and view all the answers

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