CEX Quiz Answers 17 January 2025Open CEX…

CEX Quiz Answers 17 January 2025
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
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1. What’s the analogy used for Apeing in the video?
– Buying all the bananas without checking if they’re ripe
2. What is a Sell Wall?
– A large sell order preventing the price from rising
3. What is Apeing?
– Jumping into a token impulsively without research
4. What does Laddering involve?
– Placing trades at different price levels to manage risk
5. What is a Buy Wall?
– A large buy order preventing the price from dropping
6. What is a Dead Cat Bounce?
– A temporary price recovery during a downtrend
7. What’s the best advice for avoiding Flash Crash losses?
– Stay calm and avoid impulsive trades
8. What does the video recommend about risky terms like Apeing?
– Avoid impulsive decisions and do your research.
9. What causes a Flash Crash?
– Technical glitches or sudden large sell-offs
10. What’s a common risk of Apeing?
– Buying into a failing token
11. What is the relationship between Sell Walls and Buy Walls?
– They control price movement and create market stability.
12. How does Laddering help traders?
– It prepares them for price movement in both directions.