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</p> Signup and view all the answers

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

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

    What happened to Amazon stock after its IPO in 1997?

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

    What should you avoid when investing in crypto?

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

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