By Guest 
Whats’s CEX Quiz Answer December 23? 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 December 23
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 111, 112 ⭕️
➡️Task: “The Crypto Billionaire’s Playbook: Secrets to Success”
1. What’s more important according to successful traders?
✔️Time in the market
2. How do billionaires manage risk?
✔️By using stop-loss orders and not investing more than they can afford to lose
3. What analogy is used for diversification in the video?
✔️A financial buffet where you sample everything
4. What separates crypto billionaires from average traders?
✔️Strategy, discipline, and research
5. What is a humorous piece of advice from a billionaire?
✔️I sleep well because I don’t check my portfolio at 3 AM
6. How do successful traders manage emotions?
✔️By treating crypto like a chess game, not a slot machine
7. What is a key habit of crypto billionaires?
✔️Staying curious and constantly learning
8. What does DYOR stand for?
✔️Do Your Own Research
9. What is the crypto world compared to?
✔️A fast-moving industry requiring constant adaptation
10. Why do successful traders avoid chasing pumps?
✔️They focus on planting seeds and letting them grow
11. Why is diversification important?
✔️ It reduces risk by spreading investments across different assets
12. What’s the main takeaway about research?
✔️It’s essential for understanding tokenomics and project value
➡️ Task: “Does the Crypto Market Rely Too Much on Bitcoin?”
1. What happens when Bitcoin “sneezes”?
✔️The rest of the crypto market catches a cold
2. What would a balanced crypto ecosystem look like?
✔️Multiple blockchains thriving together with different use cases
3. What is the risk of being too dependent on Bitcoin?
✔️If Bitcoin faces regulatory issues, the whole market could be affected
4. What percentage of the crypto market cap does Bitcoin typically hold?
✔️40-50%
5. What is the risk of Bitcoin being the “single point of failure”?
✔️The entire market could collapse if Bitcoin struggles
6. Why does the video compare Bitcoin to the quarterback of a team?
✔️Because the quarterback is important but can’t win alone
7. What is the suggested solution to over-dependence on Bitcoin?
✔️Diversifying portfolios with altcoins that solve real problems
8. What analogy is used to describe Bitcoin in the video?
✔️The Coca-Cola of crypto
9. What advice is given about investing in the crypto market?
✔️ Diversify, innovate, and build resilience
10. What are Ethereum, Solana, and Cardano referred to in the video?
✔️The backup dancers
11. How does the video describe altcoins in the crypto market?
✔️Tokens that solve real problems and complement Bitcoin
12. What is the key takeaway from the video?
✔️ The crypto market needs less dependence on Bitcoin and more balance
⭕️ Task 110 ⭕️
➡️Task: “Education vs. Speculation: The Smarter Bet”
1. Who does the narrator say you should be?
✅ The fool who’s right
2. Which investment guarantees long-term value?
✅ Education
3. What is the “real goal” according to the video?
✅ Transformation
4. What is Bitcoin said to have introduced?
✅ A seed of disruptive innovation
5. What’s described as “permanent and transferable”?
✅ Skills
6. What does the narrator call education?
✅ A future-proof portfolio
7. What happens to skills over time?
✅ They grow in value
8. What does the narrator suggest investing in?
✔️Skills and knowledge
9. What does the narrator say to “forget”?
✅ Speculation
10. What will always stay in the green?
✅ Your skills
11. What does the narrator compare skills to?
✅ Staking with guaranteed returns
12. What is compared to planting a forest?
✅ Education
⭕️ Task 109 ⭕️
➡️Task: Why Bitcoin Forks Are the Real Plot Twists in Crypto
1. What is a Bitcoin fork?
✔️A change in Bitcoin’s code
2. What does a Bitcoin fork resemble?
✔️A road that splits into two
3. Why do Bitcoin forks happen?
✔️Developers disagree
4. What was Bitcoin Cash?
✔️A hard fork of Bitcoin
5. What do forks demonstrate about Bitcoin?
✔️Community and evolution
6. Why did Bitcoin Cash happen?
✔️To enable faster transactions
7. What is Bitcoin Gold?
✔️A hard fork experiment
8. What does a hard fork create?
✔️A new cryptocurrency
9. What is a soft fork?
✔️A change compatible with old users
10. Are forks always good?
✔️It depends on the situation
11. What’s the main takeaway about Bitcoin forks?
✔️They’re about innovation and adaptation
⭕️ Task 107,108 ⭕️
Top Blockchains Compared: Scalability, Fees, and Use Cases
- 1. What’s a common issue with Ethereum’s transaction fees?
✅ They can be very high (gas fees) - 2. What type of projects benefit most from Polygon?
✅ Smaller projects looking for low-cost solutions - 3. What is the main takeaway about choosing a blockchain?
✅ It depends on your needs: speed, fees, or use cases - 4. What’s a potential drawback of Binance Smart Chain?
✅ Some projects on it can be less reliable - 5. What’s a common criticism of Cardano?
✅ It can be slow to roll out updates - 6. What makes Solana stand out?
✅ Lightning-fast speeds and low fees - 7. What is Polygon’s main role in the blockchain ecosystem?
✅ It helps scale Ethereum by improving efficiency
Blockchain Use Cases That Are Solving Real Problems
- 1. How does blockchain improve supply chains?
✅ It tracks products from start to finish for full transparency - 2. How does blockchain help in real estate?
✅ It stores property records digitally and securely - 3. What does blockchain aim to fix in voting systems?
✅ It makes elections secure, transparent, and efficient - 4. What problem does blockchain solve in healthcare?
✅ It securely stores and shares patient records - 5. What’s one downside of traditional real estate that blockchain solves?
✅ Complicated and paper-heavy processes - 6. How does blockchain help with counterfeit medication?
✅ It prevents fake drugs from entering the market - 7. What’s an example of a product blockchain can track in the supply chain?
✅ Organic bananas
⭕️ Task 105,106 ⭕️
➡️Task: “Web3 Careers Explained: Jobs in the Future of the Internet”
1. How can you get started in a Web3 career?
✅ Learn through online courses, join DAOs, and engage with communities
2. What’s the key takeaway about Web3 careers?
✅ They’re diverse, innovative, and growing fast
3. What’s a challenge in working in Web3?
✅ The industry is fast-moving and unpredictable
4. Why might you need to explain your Web3 job at family dinners?
✅ Because it’s a new and confusing industry for many
5. What is Web3?
✅ The next version of the internet, decentralized and user-controlled
6. What’s the main role of a Web3 content creator?
✅ Explaining blockchain in an engaging way
7. What do DeFi specialists focus on?
✅ Helping users with decentralized finance protocols like lending and borrowing
8. What does a Web3 community manager do?
✅ Engages with the community and answers user questions
9. Who is the architect of Web3?
✅ Blockchain developers
10. What skill is useful for becoming an NFT artist?
✅ Photoshop and creative design
11. What’s a unique feature of networking in Web3?
✅ It often happens in community spaces like Discord or Telegram
12. How do NFT artists earn in Web3?
✔️By selling their digital creations as NFTs
➡️Task: “Social Media Meets Blockchain: Understanding SocialFi”
1. What is one way creators can monetize their content in SocialFi?
✅ Minting their posts as NFTs
2. What makes SocialFi platforms different from traditional social media?
✅ Users earn rewards for their engagement
3. What is one risk of SocialFi platforms?
✅ Token values can drop, reducing earnings
4. What’s an example of earning rewards on SocialFi?
✅ Posting content and receiving tokens as rewards
5. What is the main takeaway about SocialFi?
✅ It’s where social media meets finance, letting users earn rewards
6. What does decentralization in SocialFi mean?
✅ No single company owns or controls the platform
7. What is a major benefit of SocialFi?
✅ It lets users earn from their social media activity
8. What technology powers SocialFi platforms?
✅ Blockchain
9. What does SocialFi combine?
✅ Social media and decentralized finance
10. How can users earn in SocialFi platforms?
✅ By engaging with content, creating posts, or holding tokens
11. Why is SocialFi appealing to content creators?
✅ It allows them to earn directly without relying on ads
12. What’s a common challenge for SocialFi platforms?
✅ Earnings depend on the value of the platform’s token
⭕️ Task 104 ⭕️
➡️Task: “How Top Brands Are Using NFTs”
1.How did McDonald’s promote their McRib NFT?
✅ Through a social media campaign
2.Why are brands using NFTs?
✅ To engage fans, build loyalty, and explore the digital frontier
3.What did McDonald’s launch as an NFT?
✅ The McRib
4.What does Coca-Cola’s NFT collection include?
✅ Collectible digital loot boxes
5.What is the name of Nike’s virtual sneakers?
✅ CryptoKicks
6.What type of experience does Coca-Cola’s NFT unlock?
✅ Exclusive virtual experiences
7.What is the overall takeaway from the video?
✅ Brands are using NFTs creatively to engage with fans and explore new markets
8.What unique feature does Gucci’s NFT collection offer?
✅ Virtual handbags and accessories sold for more than physical ones
9.What can people do with Nike’s CryptoKicks?
✅ Show them off in the metaverse
10.Why is Gucci’s NFT collection surprising?
✅ Digital items are selling for more than real ones
11.What was the purpose of Taco Bell’s NFT sales?
✅ To raise money for charity
12.What type of NFT did Taco Bell Launch?
✅ NFT art inspired by tacos
⭕️ Task 103 ⭕️
➡️ Task: “What If Crypto Replaced All Currencies Tomorrow?”
1. What happens to currency exchange rates in a crypto-dominated world?
✔️They would disappear, as crypto works the same everywhere.
2. How would taxes work in a crypto-only economy?
✔️Governments would collect taxes in crypto.
3. What was one humorous downside of volatility mentioned in the video?
✔️Googling how to pay rent with memes.
4. How could crypto impact privacy?
✔️It offers more privacy compared to traditional banking.
5. What is a potential downside of being paid in crypto?
✔️Your paycheck value could drop due to volatility.
6. What is the main takeaway from the video?
✔️A crypto-only world would be exciting but chaotic.
7. What might happen if your crypto crashes while you’re traveling?
✔️Your budget could shrink drastically.
8. What would happen to banks in a world where crypto replaces all currencies?
✔️They would be replaced by blockchains handling transactions.
9. What might be a challenge for older generations in a crypto-only world?
✔️Accidentally sending funds to the wrong wallet.
10. What happens if you send crypto to the wrong address?
✔️The transaction can’t be undone.
11. How would you buy groceries in a crypto- only world?
✔️By scanning QR codes and paying in crypto.
12. What is a major risk in a world without traditional currency?
✔️Mismanagement of private keys and gas fees.
⭕️ Task 102 ⭕️
➡️ Task: “Which Countries Are Pioneering Blockchain Technology?”
1. What is China’s approach to blockchain technology?
✔️They are leading with their Digital Yuan CBDC
2. What unique blockchain-powered event was jokingly mentioned for the UAE?
✔️Tokenized camel races
3. What percentage of Nigerian adults own crypto?
✔️Over 35%
4. What is Zug, Switzerland, famous for in the blockchain world?
✔️Being a hotspot for blockchain startups
5. How many people are already using China’s Digital Yuan?
✔️Over 260 million
6. What can residents of Zug do with Bitcoin?
✔️Pay their taxes
7. What is Nigeria’s CBDC called?
✔️eNaira
8. What is El Salvador building that’s powered by volcanic energy?
✔️Bitcoin City
9. What did the video suggest about blockchain solving real-world problems?
✔️It’s helping with financial inclusion in countries like Nigeria
10. What is Dubai aiming to become?
✔️The blockchain capital of the world.
11. What’s the big question about blockchain’s future?
✔️Will it reshape economies or just be another tech trend?
12. What can you use Bitcoin for in El Salvador?
✔️Paying for coffee, taxes, and tips.
⭕️ Task 100,101 ⭕️
➡️ Task: “Level Up Your Crypto Knowledge: The Next 5 Terms You Need to Know”
- 1. What happens during a “Short Squeeze”?
✔️Short sellers are forced to buy back a coin, causing the price to rise rapidly - 2. What is a “Gas War”?
✔️When many traders compete to have their transactions processed first, raising gas fees - 3. Why do “Gas Wars” happen?
✔️Because many traders are trying to get their transactions processed at once, driving up fees - 4. What is a key feature of a “Short Squeeze”?
✔️The price of a coin spikes as short sellers are forced to buy back - 5. What does the term “Moonboy” refer to in cryptocurrency?
✔️Someone who believes every coin will skyrocket to the moon - 6. What is the main characteristic of a Moonboy’s trading strategy?
✔️Expecting every coin to skyrocket regardless of the market situation - 7. What makes “Snipe” trading different from regular trading?
✔️It’s all about timing and making quick, targeted trades - 8. What causes the chaos in a “Short Squeeze”?
✔️A sudden increase in coin price forcing short sellers to buy back the coin - 9. How does a Moonboy view the market?
✔️They believe every coin will eventually skyrocket to high prices - 10. What does “Snipe” mean in crypto trading?
✔️Making quick, precise trades to capitalize on price changes - 11. What is a “Moonshot” investment?
✔️A high-risk investment with the potential for massive returns
➡️Task: “How to Calculate Profit and Loss in Margin Trading”
- 1. In the example where Ethereum rises from $2,000 to $2,100, what is the loss for 2 ETH with 3x leverage before fees?
✔️$600.00 - 2. What additional cost may apply if you hold a margin position for a long time?
✔️Funding costs or interest on borrowed funds. - 3. Why should traders calculate profit and loss before entering a trade?
✔️To analyze the risk-to-reward ratio. - 4. If the entry price is $20,000, the exit price is $22,000, and leverage is 5x, what is the profit before fees for 1 BTC?
✔️$10,000.00 - 5. What does leverage do in margin trading?
✔️It increases both potential profits and risks. - 6. What is the key benefit of understanding how to calculate profit and loss?
✔️It helps you stay in control of your trading decisions. - 7. What is margin trading?
✔️Trading with borrowed funds to open larger positions. - 8. What happens if the market moves against your position in margin trading?
✔️You can incur amplified losses. - 9. What is the basic formula for calculating profit or loss?
✔️(Exit Price – Entry Price) × Position Size × Leverage – Fees. - 10. What is the first step in calculating profit for a margin trade?
✔️Find the difference between the exit price and the entry price. - 11. What tool can help you manage risk in margin trading?
✔️Stop-loss orders.
⭕️ Task 98, 99 ⭕️
➡️ Task: “General Trading Tips Part 1: Plan, Diversify, Succeed”
1. Why is continuous learning important in trading?
✅ The market is always changing, and traders need to adapt.
2. What does managing your risk mean?
✅ Protecting yourself from big losses.
3. What is diversification in trading?
✅ Spreading your investments across different assets.
4. What sources of knowledge were recommended for traders?
✅News, books, and educational videos.
5. What will be the focus of Part 2 in this series?
✅ Technical analysis and spotting market trends.
6. What is the first trading tip mentioned in the video?
✅ Start with a plan.
7. Why is having a trading plan important?
✅ It helps you set goals and manage your trades wisely.
8. What tool can help you automatically exit a trade if the market moves against you?
✅ A stop-loss order.
9. What should you never invest in trading?
✅ More than you can afford to lose.
10. What analogy was used for diversification?
✅ Having multiple fishing lines in the water.
11. Why is it important to keep emotions out of trading?
✅ Emotional decisions can lead to losses.
12. What happens if you put all your funds into one asset?
✅ It increases risk and decreases your chances of success.
➡️ Task: “General Trading Tips Part 2: Risk, Rewards, and Smart Moves”
1. Why should traders avoid overtrading?
✅ It often leads to unnecessary and impulsive trades.
2. How can you ride the wave of market trends?
✅ By trading in the direction of the trend.
3. What does it mean if the market is bullish?
✅ Prices are generally increasing.
4. What is the focus of disciplined trading?
✅ Following your strategy and sticking to your plan.
5. What does technical analysis help traders do?
✅ Read charts, spot trends, and make informed decisions.
6.What is the first tip discussed in Part 2?
✅ Master technical analysis.
7. What is a good risk-reward ratio to aim for?
✅ At least 1:2 (risk $1 to make $2).
8. Why is calculating risk-reward ratios important?
✅ To ensure wins outweigh losses over time.
9. What is the key takeaway about entries and exits?
✅ Timing them smartly is better than rushing trades.
10. What will Part 3 of the series focus on?
✅ Portfolio management and trading psychology.
11. What is important to know about market trends?
✅ Whether the market is bullish or bearish.
12. What tools can help you time your entries and exits?
✅ Support and resistance levels.
⭕️ Task 96,97 ⭕️
‼️ ➡️ Task: “How to Start with Technical Analysis: A Beginner’s Guide”
- 1. What is a common mistake when using technical analysis?
✅Overloading with too many indicators. - 2. Which type of chart is most popular among traders for detailed price action?
✅Candlestick chart. - 3. What do support levels represent in technical analysis?
✅Where prices tend to stop falling. - 4. What is the purpose of the Relative Strength Index (RSI)?
✅To measure momentum. - 5. What do traders use moving averages (MA) for?
✅To see the average price over a period. - 6. Which trend is defined by prices staying within a range?
✅Sideways trend. - 7. What does a resistance level indicate?
✅Where prices tend to stop rising. - 8. What does technical analysis aim to predict?
✅Future price movements. - 9. What’s the first step in starting with technical analysis?
✅Learning to read charts and identify trends. - 10. What is the primary focus of technical analysis?
✅Historical price data and patterns. - 11. What is an uptrend characterized by?
✅Higher highs and higher lows. - 12. Why should traders practice on demo accounts?
✅To learn without risking real money.
‼️ ➡️ Task: “Stop Limit Orders Explained: How to Take Control of Your Trades”
- 1. What is the purpose of a stop price in a stop limit order?
✅To trigger the order when the price reaches a certain level. - 2. What is one key benefit of stop limit orders?
✅They give traders more control over execution. - 3. What is a common mistake when using stop limit orders?
✅Forgetting to adjust them for changing market conditions. - 4. What happens if the market price doesn’t reach the stop price?
✅The stop limit order will not activate. - 5. When is it a good idea to use a stop limit order?
✅To protect profits or minimize losses. - 6. What does a stop limit order combine?
✅A stop price and a limit price. - 7. What does the limit price do in a stop limit order?
✅Ensures the trade executes within a specified price range. - 8. What should traders avoid when setting stop and limit prices?
✅Placing them too close together. - 9. How can a stop limit order help a buyer?
✅By ensuring they don’t pay more than their desired price range. - 10. How can stop limit orders assist in volatile markets?
✅By automating trades with precise conditions. - 11. What is the first step to create a stop limit order?
✅Select “Stop Limit” as your order type. - 12. When might a trader use a stop limit order to sell?
✅To minimize losses when prices drop below a critical level.
⭕️ Task 95 ⭕️
‼️➡️ Task: “10 Principles, 1 Mission: Inside Our Community Manifesto”
- 1. How does Multicultural Exchange strengthen the community?
✔️By bringing diverse perspectives and driving innovation - 2. What does Code is Law ensure?
✔️Transparency and trustless interactions through smart contracts - 3. Why is Equal Opportunity and Access important?
✔️To ensure fairness for everyone in the crypto space - 4. What does Economic Integration and Responsibility focus on?
✔️Building an ethical, sustainable global economy - 5. What does the principle of Unity emphasize?
✔️Supporting each other for collective and individual success - 6. Why is Voluntary Cooperation important?
✔️It brings people together by choice to achieve shared goals - 7. What is the ultimate goal of the manifesto?
✔️To build a united, innovative, and inclusive community - 8. How does the Non-Aggression Principle handle conflicts?
✔️By resolving them peacefully and respecting autonomy - 9. What is the main goal of Competition and Goal Orientation?
✔️Striving for excellence and achieving outstanding results - 10. How does Capital Accumulation drive progress?
✔️By fueling innovation and ensuring sustainability - 11. What is the main purpose of the community manifesto?
✔️To guide and unite the community around shared principles - 12. What does Collective Success mean for the community?
✔️The success of each member contributes to the success of all
⭕️ Task 94 ⭕️
‼️ ➡️ Task: “What is Crypto Winter? Lessons from the Coldest Market Seasons”
1. What do some projects do during a Crypto Winter?
✔️Lay the groundwork for future success.
2. How do skeptics react during a Crypto Winter?
✔️They often say, “I told you so.”
3. Which cryptocurrencies have survived past Crypto Winters?
✔️Bitcoin and Ethereum
4. What’s the best way to beat a Crypto Winter?
✔️Keep building and stay resilient.
5. How do Crypto Winters benefit the community?
✔️They weed out weak projects and strengthen innovation.
6. What is one lesson Crypto Winter teaches?
✔️Focus on resilience, innovation, and long-term growth.
7. What season follows every Crypto Winter?
✔️Crypto Spring
8. What happens after every Crypto Winter?
✔️The market recovers, and growth begins again.
9. What do true believers do during a Crypto Winter?
✔️They build, innovate, and prepare for the future.
10. What is a Crypto Winter?
✔️A period when crypto prices fall, and the market slows down
11. What does “FOMO” stand for?
✔️Fear of Missing Out
12. Why is it important to reflect during Crypto Winter?
✔️To learn from mistakes and improve strategies
⭕️ Task 93 ⭕️
‼️ Task: “Why Your Brain is Sabotaging Your Crypto Trades”
- 1. What is anchoring bias?
✔️Focusing too much on the first price you see - 2. What is a common symptom of shiny object syndrome?
✔️Investing impulsively in hyped tokens like “MoonDoggyCoin” - 3. What’s the key takeaway from the video?
✔️Understanding your psychology helps you trade smarter - 4. How can you avoid herd mentality?
✔️Make decisions based on your own research - 5. How do you avoid recency bias?
✔️Look at historical data and market cycles - 6. What is hindsight bias in crypto trading?
✔️Thinking you predicted something after it happens - 7. What is recency bias?
✔️Believing recent trends will continue indefinitely - 8. How can you avoid hindsight bias?
✔️Write down your reasons for every trade - 9. What is herd mentality in crypto trading?
✔️Following what everyone else is doing without proper research - 10. What is shiny object syndrome?
✔️Chasing new tokens just because they’re hyped - 11. How do you combat anchoring bias?
✔️Focus on the fundamentals, not just past prices - 12. Why is overconfidence dangerous in crypto trading?
✔️It can lead to bigger risks and ignoring warning signs
⭕️ Task 91, 92 ⭕️
‼️ Task: “How ‘Code is Law’ Shapes the Future of Our Community”
1. How does blockchain handle the rules?
✔️They’re visible and unchangeable
2. What is the key advantage of trustless systems?
✔️They don’t depend on individuals for integrity
3. What does blockchain ensure in transactions?
✔️Transparency and fairness
4. What’s one benefit of transparency in blockchain?
✔️Everyone can see the rules and outcomes
5. What replaces trust in traditional systems?
✔️The unbreakable rules of code
6. What happens if conditions of a smart contract are met?
✔️The deal is executed automatically
7. Why is “Code is Law” important?
✔️It eliminates reliance on intermediaries
8. What does “Code is Law” mean in the crypto world?
✔️Code and smart contracts are the ultimate authority
9. Who would likely try to rewrite the blockchain code?
✔️Zeus
10. Why are smart contracts trustworthy?
✔️They don’t lie, cheat, or forget the rules
11. What do smart contracts do?
✔️Automatically execute agreements when conditions are met
12. Why do we use blockchain for agreements?
✔️To create secure, honest, and transparent interactions
‼️ Task: “The Story of Bitcoin Skeptics: Missed Opportunities and Big Lessons”
1. What was the main focus of Bitcoin’s early believers?
✔️ What Bitcoin could become in the future
2. What’s the core message of this video?
✔️ Don’t let doubt stop you from seeing the potential in something new
3. What can the story of Bitcoin teach us about risk-taking?
✔️ Sometimes risks lead to the biggest rewards
4. Why is it important to invite friends to explore new ideas?
✔️ Sharing knowledge helps the community grow and learn together
5. What major innovations were doubted before becoming huge successes?
✔️ The internet, smartphones, and online shopping
6. What was the main focus of Bitcoin’s early believers?
✔️ What Bitcoin could become in the future
7. What did one person famously spend 10,000 Bitcoin on?
✔️ Two pizzas
8. What did many people think about Bitcoin when it first appeared?
✔️ They thought it was a fad or scam
9. What makes today’s doubt potentially dangerous?
✔️ It could lead to missed opportunities tomorrow
10. Why did Bitcoin thrive despite early doubt?
✔️ It showed revolutionary potential and resilience
11. What does “staying curious” mean in the context of this video?
✔️Being open to exploring and understanding new technologies
12. What lesson does Bitcoin’s rise teach us about new ideas?
✔️Stay open to the unknown and take risks
13. What happened to Bitcoin after early skeptics dismissed it?
✔️ It rose in value and proved them wrong
⭕️ Task 89, 90 ⭕️
‼️ Task: “When and How to Use Long Position in Crypto Trading“
1. What is a long order?
✔️ A bet that an asset’s price will rise.
2. What is the role of professional tools in trading?
✔️ To simplify risk management and trading decisions.
3. What does “stop-loss” do?
✔️ Limits your potential losses.
4. Why should beginners start small in margin trading?
✔️ To minimize risks and learn gradually.
5. What’s the most important mindset when starting trading?
✔️ Learn, analyze, and experiment.
6. When is it a good idea to open a long order?
✔️ When positive news suggests a price increase
7. What tool is essential for managing risk in long orders?
✔️ Stop-loss.
8. Why is analysis important before opening a long order?
✔️ It helps you make informed decisions about price trends.
9. What type of market is good for long orders?
✔️ A stable market.
10. What does leverage do in margin trading?
✔️ Increases both potential profit and risk.
11. What is a benefit of practicing on demo accounts?
✔️ Learning without financial risk.
12. What’s the first step in creating a long order?
✔️ Choosing an asset
‼️ Task: “When and How to Use Short Positions in Trading”
1. What is a short order?
✔️ Selling a borrowed asset expecting its price to drop.
2. What does leverage do in margin trading?
✔️ Amplifies both potential profits and risks.
3. What’s a key risk management tool when shorting?
✔️ Stop-loss.
4. What do you need to profit from a short order?
✔️ A decrease in the asset’s price.
5. What should traders monitor when holding a short order?
✔️ Market trends and their stop-loss levels.
6. What is one cost associated with shorting?
✔️ Borrowing fees for holding the position.
7. In trading, who handles the borrowing process for short orders?
✔️ The trading platform.
8. Which of the following situations is a good time to consider shorting?
✔️ When negative news affects market confidence.
9. What type of market trend is ideal for short orders?
✔️ A downtrend.
10. Why should beginners start with smaller positions?
✔️ To minimize risks and learn how shorting works.
11. Why is technical analysis important for short orders?
✔️ It helps identify trends and resistance levels.
12. What is the main goal of a short order?
✔️ To sell high and buy back low.
⭕️ Task 88 ⭕️
Task: “Top 5 Crypto Trading Strategies You Need to Know”
1.What’s the main idea of the HODL strategy?
✔️ Buy and hold for the long term, ignoring short-term fluctuations
2.What’s a key tip for day trading?
✔️ Avoid trading while distracted or emotional.
3.What’s a benefit of the DCA strategy?
✔️ You don’t need to time the market
4.What is a key warning about scalping?
✔️ It requires fast reflexes and a strong internet connection
5.How does Dollar-Cost Averaging (DCA) work?
✔️ Investing a fixed amount regularly, regardless of market price
6.What is the focus of scalping as a trading strategy?
✔️ Making quick, small trades for tiny profits
7.What is the key takeaway about trading strategies?
✔️ The best strategy depends on your personality and goals
8.What’s a benefit of swing trading?
✔️ It allows you to capitalize on market swings without constant monitoring
9.What does “HODL” stand for in crypto trading?
✔️ Hold On for Dear Life
10.What is day trading best suited for?
✔️ People who enjoy quick trades and watching markets closely
11.What’s the main difference between day trading and swing trading?
✔️ Day trading involves faster, shorter trades compared to swing trading
12.How long do swing traders typically hold their positions?
✔️ Days or weeks
⭕️ Task 87 ⭕️
Task: “Tokenomics Made Simple: How Crypto Gains Value”
1. What does it mean when a token is used for governance?
✔️ Token holders can vote on project decisions.
2. What’s a potential risk with tokens that have unclear use cases?
✔️ They might lose value quickly.
3. Why is token distribution important?
✔️ Uneven distribution might favor project creators too much.
4. What is the key takeaway about tokenomics?
✔️ It’s the balance of supply, demand, and use cases.
5. What does “tokenomics” primarily deal with?
✔️ How a cryptocurrency works economically.
6. What can influence a token’s price besides supply and demand?
✔️ Market psychology and tokenomics design.
7. What can happen to a token if demand disappears?
✔️ Its value drops significantly.
8. What is a key factor in creating demand for a token?
✔️ Its utility and usefulness.
9. What is Bitcoin’s maximum supply?
✔️ 21 million coins.
10. What is an example of a factor that could lower a token’s value?
✔️ Lack of demand or a weak use case.
11. What happens when a cryptocurrency has a very low supply?
✔️ Its value tends to increase due to scarcity.
12. What are “use cases” in tokenomics?
✔️ Practical applications or functions of a token
9. What is Bitcoin’s maximum supply?
✔️ 21 million coins.
10. What is an example of a factor that could lower a token’s value?
✔️ Lack of demand or a weak use case.
11. What happens when a cryptocurrency has a very low supply?
✔️ Its value tends to increase due to scarcity.
12. What are “use cases” in tokenomics?
✔️ Practical applications or functions of a token
Tasks 82, 83, and 84
➡️Task: “Michael Saylor: The CEO Who Bet It All on Bitcoin”
1. What lesson can we learn from Saylor’s story?
✔️Take bold risks when you believe in the potential
2. What nickname could describe Saylor’s approach to Bitcoin?
✔️The Hustler
3. What’s the best way to follow in Saylor’s footsteps?
✔️Believe in your investment and HODL
4. What company was Michael Saylor the CEO of?
✔️MicroStrategy
5. How did Saylor inspire others in the crypto world?
✔️He encouraged them to invest in Bitcoin
6. What was Saylor’s message about Bitcoin?
✔️”Bitcoin is the future!”
7. How much Bitcoin did MicroStrategy invest in?
✔️Billions
8. What was Saylor’s role in Bitcoin adoption?
✔️A vocal advocate for institutional investment
9. What’s the main takeaway from Michael Saylor’s bold move?
✔️Innovation requires taking risks
10. What bold move did Michael Saylor make to save his company?
✔️He invested heavily in Bitcoin
11. What impact did Bitcoin have on MicroStrategy?
✔️It turned the company around
12. Why did Saylor call cash “trash”?
✔️He believed inflation was reducing its Value
➡️Task: “What Is a Margin Call in Trading?”
1. How is a margin call similar to a warning?
✔️It gives you a chance to add funds or adjust your position
2. When does a margin call happen?
✔️When your account’s equity falls below the maintenance margin
3. What is the best approach to handling margin calls?
✔️Trade responsibly and avoid them in the first place
4. Why might a broker issue a margin call?
✔️To ensure there’s enough collateral to cover potential losses
5. What happens if your equity is above the maintenance margin?
✔️Your position remains open without issues
6. What does a broker do if you ignore a margin call?
✔️They may liquidate your position
7. What is the main risk of trading with margin?
✔️Losses can grow quickly if the market moves against you
8. What is liquidation?
✔️Automatically closing your position to prevent further losses
9. What is the maintenance margin?
✔️The minimum amount of equity you need to keep your position open
10. What’s a simple way to avoid a margin call?
✔️Use stop-loss orders and monitor your balance regularly
11. What did the video say about platforms like CEX.IO?
✔️They provide tools to monitor margin levels and risks
12. What is a margin call?
✔️ A broker’s request to add more funds to cover losses
➡️Task: “Meme Coins, Bitcoin ATH, and the Next Big Opportunity in Crypto”
1. Why is it helpful to trade on a trusted platform?
✔️For reliable tools and secure transactions
2. Why are meme coins like DOGS and NOT popular?
✔️Hype and social media buzz
3. What does the bull run signify in the crypto market?
✔️Rising prices and a strong market trend
4. How can you avoid falling victim to FOMO?
✔️By researching before investing and staying calm
5. What’s the best way to start in crypto if you’re new?
✔️Learn the basics and start small
6. What is FOMO?
✔️Fear of Missing Out
7. How can inviting friends to join a platform benefit you?
✔️It can grow the community and often comes with rewards
8. Why is trying something new in crypto important?
✔️It can open doors to unique opportunities
9. What’s a key reason for HODLing in crypto?
✔️To ride out market volatility and maximize long-term gains
10. What does ATH stand for in the crypto world?
✔️All-Time High
11. What’s a unique feature of meme coins compared to Bitcoin?
✔️They’re driven by community and humor
12. Why should you stay updated on crypto trends?
✔️To make informed decisions and seize opportunities
⭕️ Task 78,79,80,81 ⭕️
➡️Task: ” Crypto and the Economy: The Interplay of Innovation and Finance “
- 1. Why are governments introducing CBDCs?
✔️To provide a state-backed alternative to private cryptocurrencies - 2. What’s one benefit of DeFi compared to traditional finance?
✔️No paperwork required for loans - 3. How do high interest rates affect crypto markets?
✔️They often lead to sell-offs of riskier assets like crypro - 4. What was the key takeaway about crypto and the macro economy?
✔️They’re becoming more intertwined and influence each other - 5. What is DeFi short for?
✔️Decentralized Finance - 6. What is Bitcoin often called during times of high inflation?
✔️Digital gold - 7. What does the phrase “crypto is volatile” mean?
✔️Its value can change dramatically due to market events - 8. What kind of economic event often makes Bitcoin’s price rise?
✔️High inflation - 9. How are Bitcoin and the stock market connected in 2024?
✔️Bitcoin’s price often moves in sync with tech-heavy indices like Nasdaq - 10. How is DeFi disrupting traditional finance?
✔️It offers alternatives for loans, savings, and investments - 11. What financial process does Bitcoin make faster and cheaper?
✔️Cross-border payments - 12. What are CBDCs?
✔️Central Bank Digital Currencies
➡️Task: “Non-Aggression Principle: Why Collaboration Beats Confrontation”
- 1. What happens when we pull at each other’s threads?
✔️The community unravels - 2. What does the Non-Aggression Principle prioritize?
✔️Respecting autonomy and rights - 3. Who do we respect under the Non- Aggression Principle?
✔️Everyone, both inside and outside the community - 4. What is the foundation of our community?
✔️Trust and unity - 5. How should you approach a disagreement about pineapple on pizza?
✔️With understanding and mutual respect - 6. What does the Non-Aggression Principle ultimately create?
✔️A strong, harmonious community - 7. How does our community handle disagreements?
✔️Through peaceful and respectful dialogue - 8. What is the key to a harmonious community?
✔️Peaceful collaboration and mutual respect - 9. What is peace defined as in the video?
✔️The presence of respect - 10. What principle does our community follow to resolve conflicts?
✔️The Non-Aggression Principle - 11. What does the Non-Aggression Principle avoid?
✔️Confrontation and hostility - 12. How do we view disagreements in the community?
✔️As opportunities for understanding
➡️Task: “Crypto Wallets Explained: Hot vs. Cold Wallets“
- 1. What should you never do with your private key?
✔️Write it on a sticky note and leave it in a coffee shop - 2. How does a hot wallet function?
✔️It is connected to the internet for fast transactions - 3. How does CEX.IO use hot wallets?
✔️For fast transactions and trading needs - 4. What does a crypto wallet store?
✔️Private and public keys - 5. What is a cold wallet compared to in the video?
✔️A safe buried in your backyard - 6. What is the main purpose of a private key?
✔️To sign transactions and access your crypto - 7. What is one disadvantage of cold wallets?
✔️They are less convenient for quick transactions - 8. How does CEX.IO combine hot and cold wallets for users?
✔️By offering the speed of hot wallets and security of cold wallets - 9. What does a wallet use to confirm a transaction?
✔️The private key for a digital signature - 10. What is a public key compared to?
✔️An email address you can share - 11. What happens if someone gets access to your private key?
✔️They can take all your crypto - 12. Where does CEX.IO store the majority of customer crypto?
✔️In cold wallets for enhanced security
➡️Task: “What Is Crypto Margin Trading? Learn How It Works”
1. What is margin trading ultimately about?
✔️Strategy, research, and responsible decisions
2. Why might traders use margin trading?
✔️To amplify potential profits
3. What is crypto margin trading?
✔️Trading with borrowed funds to control a larger position
4. What happens if your trade goes against you and your collateral is insufficient?
✔️Your position gets liquidated
Previous Codes:
| How does solar energy impact electricity costs? | It can lower costs significantly |
| What is the video’s overall message about solar energy? | It’s time to embrace sustainable energy solutions |
| What humorous analogy is used to describe solar panels? | They are like the cats of the energy world |
| What makes solar power eco-friendly? | It reduces carbon footprints |
| What is one reason to choose solar power for mining? | Increased independence from energy suppliers |
| What is the main benefit of using a solar power plant? | Cost-effective energy |
| What type of energy does a solar power plant provide? | Renewable energy |
| What’s one outcome of adopting solar power in mining? | Lower operational costs |
| What is a characteristic of solar panels? | Low maintenance |
| What is the primary energy source for solar power? | The sun |
| Why is solar energy considered sustainable? | It comes from the sun, which won’t run out |
| How do dedicated lines help reduce downtime? | By providing consistent power |
| What safety benefit do dedicated transmission lines provide? | Reduced risk of electrical hazards |
| Why are dedicated lines better than regular lines? | They have fewer interruptions |
| What does stable voltage mean for your mining rigs? | They can operate at peak performance |
| What is the relationship between power transmission lines and safety? | Better maintenance reduces risks |
| What’s a key advantage of having fewer outages? | More mining time |
| How can dedicated lines future-proof your mining operations? | They can handle increased energy demands |
| What is a fun way to describe the benefits of stable power? | Smooth sailing |
| What overall message does the video convey about power transmission lines? | They are essential for reliable mining operations |
| What analogy is used for dedicated lines delivering power? | A private highway for electricity |
| What do power transmission lines deliver to your mining operation? | Electricity |
| What is the main purpose of a DDoS attack? | To disrupt services |
| What should you think of when you hear ‘DDoS resistance’? | A bouncer at the door |
| What does DDoS resistance provide for your mining operations? | Protection from cyber attacks |
| What does DDoS stand for? | Distributed Denial of Service |
| What resource can you better manage with DDoS resistance? | Time and energy |
| How does DDoS resistance contribute to peace of mind? | Reduces worry about attacks |
| How does DDoS resistance help maintain continuous operation? | By preventing interruptions |
| What is a fun analogy used for DDoS resistance? | A digital fortress |
| What is one benefit of having a good reputation in the crypto world? | Attracting more investors |
| What can you do instead of worrying about DDoS attacks? | Focus on optimizing mining performance |
Previous Codes:
| 1. How does solar energy impact electricity costs? | It can lower costs significantly |
| 2. What is the video’s overall message about solar energy? | It’s time to embrace sustainable energy solutions |
| 3. What humorous analogy is used to describe solar panels? | They are like the cats of the energy world |
| 4. What makes solar power eco-friendly? | It reduces carbon footprints |
| 5. What is one reason to choose solar power for mining? | Increased independence from energy suppliers |
| 6. What is the main benefit of using a solar power plant? | Cost-effective energy |
| 7. What type of energy does a solar power plant provide? | Renewable energy |
| 8. What’s one outcome of adopting solar power in mining? | Lower operational costs |
| 9. What is a characteristic of solar panels? | Low maintenance |
| 10. What is the primary energy source for solar power? | The sun |
| 11. Why is solar energy considered sustainable? | It comes from the sun, which won’t run out |
| 12. How do dedicated lines help reduce downtime? | By providing consistent power |
| 13. What safety benefit do dedicated transmission lines provide? | Reduced risk of electrical hazards |
| 14. Why are dedicated lines better than regular lines? | They have fewer interruptions |
| 15. What does stable voltage mean for your mining rigs? | They can operate at peak performance |
| 16. What is the relationship between power transmission lines and safety? | Better maintenance reduces risks |
| 17. What’s a key advantage of having fewer outages? | More mining time |
| 18. How can dedicated lines future-proof your mining operations? | They can handle increased energy demands |
| 19. What is a fun way to describe the benefits of stable power? | Smooth sailing |
| 20. What overall message does the video convey about power transmission lines? | They are essential for reliable mining operations |
| 21. What analogy is used for dedicated lines delivering power? | A private highway for electricity |
| 22. What do power transmission lines deliver to your mining operation? | Electricity |
| 23. What is the main purpose of a DDoS attack? | To disrupt services |
| 24. What should you think of when you hear ‘DDoS resistance’? | A bouncer at the door |
| 25. What does DDoS resistance provide for your mining operations? | Protection from cyber attacks |
| 26. What does DDoS stand for? | Distributed Denial of Service |
| 27. What resource can you better manage with DDoS resistance? | Time and energy |
| 28. How does DDoS resistance contribute to peace of mind? | Reduces worry about attacks |
| 29. How does DDoS resistance help maintain continuous operation? | By preventing interruptions |
| 30. What is a fun analogy used for DDoS resistance? | A digital fortress |
| 31. What is one benefit of having a good reputation in the crypto world? | Attracting more investors |
| 32. What can you do instead of worrying about DDoS attacks? | Focus on optimizing mining performance |
Previous Codes:
- 1. What happens when you use 10x leverage?
✔️Your $100 controls a $1,000 position - 2. What is the most important thing to remember about leverage?
✔️Use strategy, preparation, and know your limits - 3. Who should consider using leverage in trading?
✔️Experienced traders who understand the risks - 4. Why is leverage compared to a rollercoaster in the video?
✔️It’s thrilling but comes with risks - 5. What is liquidation in leverage trading?
✔️The platform closing your position when losses exceed your margin - 6. What do you call the money you put up as your own in a leveraged trade?
✔️Margin - 7. What is the downside of using leverage?
✔️Losses are amplified just like profits - 8. What is leverage in crypto trading?
✔️Borrowing funds to increase the size of your trades - 9. What is the main benefit of using leverage?
✔️Maximizing potential gains with smaller initial funds - 10. What does the video compare leverage to?
✔️Adding a turbocharger to your car - 11. What happens if your margin isn’t enough to cover losses?
✔️Your position is liquidated - 12. What does leverage do to your profits and losses?
✔️It multiplies both profits and
Previous Codes:
Other Answer:
- 1.The Ghost of FOMO can make traders feel like they need to?
✔️Act fast or miss out - 2.A good way to avoid the Specter of Regret is to?
✔️Make thoughtful, informed decisions - 3.Trying something new in crypto could involve?
✔️Exploring new coins and approaches responsibly - 4.The Phantom of Volatility is most likely to?
✔️Cause unpredictable changes in the market - 5.What is the Ghost of FOMO known for?
✔️Making traders fear missing out on profits - 6.How should traders deal with the “Crypto Ghosts”?
✔️Recognize them but don’t let them influence your actions - 7.How can inviting friends benefit traders in crypto?
✔️It helps spread awareness and build a community - 8.In the video, the main idea behind hodling is to?
✔️Stay calm and hold despite market volatility - 9.What does the Wraith of Bad Advice encourage traders to do?
✔️Follow unverified or risky advice - 10.Why is it useful to identify the “ghosts” in trading?
✔️To understand and control emotional responses - 11.The Specter of Regret often reminds traders of?
✔️Missed opportunities and decisions they regret - 12.The overall message of the video suggests that?
✔️Crypto trading can be unpredictable, but managing emotions is key
Other Question Part 1
1. How does Dogecoin stand out?
✅ Humor and community spirit
2. What enhances memecoin enjoyment?
✅ Embracing fun and lightheartedness
3. What’s surprising about some memecoins?
✅ Unexpected partnerships
4. What theme is presented about memecoins?
✅ Entertainment with potential
5. What inspired memecoins?
✅ Internet memes
6. What approach do memecoins take?
✅ Community-driven engagement
7. What analogy is used for the memecoin community?
✅ Digital summer camp
8. How are potential gains from memecoins described?
✅ Part of a crypto adventure
9. What does “play to win” mean?
✅ Engaging with the community
10. How does the memecoin community operate?
✅ Sharing ideas and content
11. What boosts memecoin popularity?
✅ Low price and social media
12. How is memecoins trading described?
✅ An adventurous journey
Other Questions Part 2
- 1.What should a Bagholder do in a downturn?
Consider their options carefully - 2.What is a Bagholder?
Someone holding onto a losing investment - 3.How can FUD impact your trading?
It can lead to rash decisions - 4.What does FUD stand for?
Fear, Uncertainty, and Doubt - 5.What does Pump and Dump refer to?
A scheme to inflate and then sell a coin - 6.What is a risk of participating in a Pump and Dump?
You could lose money if you buy at the peak - 7.How can FUD affect behavior?
It can create fear and hesitation - 8.How does DeFi empower users?
By allowing direct transactions without intermediaries. - 9.How does FOMO impact your decisions?
It can lead to impulsive choices - 10.What is DeFi?
Decentralized Finance without traditional banks. - 11.Why is it important to involve friends in crypto discussions?
To share knowledge and insights - 12.What does FOMO mean?
Fear of Missing Out