CEX Quiz Answer April 9

Whats’s CEX Quiz Answer April 9? Find the Answers to Today’s Quiz and Earn 10,000 CEXP Points.

The CEX project is entering a new phase with significant updates. A major bot upgrade is now in place, and the highly anticipated airdrop is set to occur during Season 2. Your previous CEXP earnings will directly influence your starting mining power, which in turn determines your profit potential. To maximize your earnings, upgrade your cards in the Mine section.

CEX Quiz Answer April 9

Here are the today’s questions and answer. Check out the image below. Then, you can find other questions below the image.

Join OUR TELEGRAM Channel For All Projects Daily Combo

Task Q1: How a Single Candle Can Ruin Your Entire Week

1. What happens when a single candle affects your crypto holdings?
   ✅ It can ruin your entire week
2. What is the general advice for handling market fluctuations?
   ✅ Brush it off and get ready for the next change
3. What does the narrator imply is crucial when facing market changes?
   ✅ Understanding that it’s part of the game
4. What is the worst part of a sudden market shift caused by a single candle?
   ✅ You don’t know if it’s the bottom or if there’s another dip
5. What does a candlestick on a chart represent?
   ✅ Price action over a set period
6. How does the narrator describe the crypto market in terms of volatility?
   ✅ It’s unpredictable, and a single candle can change everything
7. What does the narrator mean by “retesting support” and “bullish reversal”?
   ✅ Common terms used to make sense of market movements
8. What is the primary focus of the video?
   ✅ How a single candle can affect your crypto portfolio
9. What is the emotional effect of a single candle on your decision-making?
   ✅ It makes you second-guess your decisions
10. How does the video suggest you handle a sudden market dip?
    ✅ Stay calm and analyze the situation
11. What does the narrator suggest is important after a market loss?
    ✅ Keep going and focus on the next opportunity
12. How does the video encourage viewers to look at their crypto journey?
    ✅ As a learning experience with ups and downs

Task Q2: The DAO Revolution: Organizations Go Blockchain

1. What type of organization could a DAO manage?
   ✅ A DeFi empire
2. What’s an example of a DAO mentioned?
   ✅ MakerDAO
3. Who might dominate voting in a DAO?
   ✅ Token whales
4. Where do DAO decisions take place?
   ✅ On the blockchain
5. What executes decisions in a DAO?
   ✅ Smart contracts
6. What’s a benefit of DAOs over traditional organizations?
   ✅ Faster, transparent decisions
7. What cryptocurrency is commonly used to stake in DAOs?
   ✅ Ethereum
8. How can someone join a DAO?
   ✅ By buying a token
9. How do DAO members make decisions?
   ✅ By voting with tokens
10. What’s a potential downside of DAOs?
    ✅ Code Dags can cause losses
11. What runs a DAO instead of a traditional CEO?
    ✅ Code and community
12. Where can you learn more about DAOS?
    ✅ Cedex.io

Also Check These:

Related Posts