CEX Quiz Answers 22 December 2024
1. What does AI in crypto compare to?
– A digital crystal ball
2. What does AI analyze to predict crypto market trends?
– Social media posts, trading volumes, and price trends
3. What’s the role of historical data in AI predictions?
– It helps AI spot trends but doesn’t guarantee future outcomes
4. Why isn’t AI perfect for crypto predictions?
– It relies on historical data and probabilities
5. What can algorithmic trading bots NOT do?
– Feel emotions or provide reassurance during market dips
6. What does the script warn about trusting AI blindly?
– AI isn’t a crystal ball and can make mistakes
7. How fast can trading bots execute trades?
– In milliseconds
8. Can AI predict sudden market crashes caused by tweets?
– No, AI can’t predict unpredictable events
9. What is algorithmic trading?
– Bots executing trades based on AI predictions
10. What’s one risk mentioned about everyone using AI in crypto trading?
– Markets could become oversaturated with similar strategies
11. What is the main takeaway from the video?
– Al is a powerful tool but doesn’t replace research and caution
12. What does sentiment analysis help Al determine?
– Whether traders are feeling bullish or bearish
13. What’s the total cap on Bitcoin’s supply?
– 21 million
14. How do miners earn Bitcoin?
– By verifying transactions
15. How often does the halving occur?
– Every four years
16. What kind of event is the halving historically?
– Exciting and speculative
17. What’s a potential downside of the halving?
– Miners earning less
18. What is Bitcoin halving?
– An event that cuts miner rewards in half
19. What is the current Bitcoin block reward?
– 6.25 BTC
20. What economic principle is linked to the halving?
– Supply and demand
21. What’s the cap on new Bitcoin entering circulation?
– It’s limited by halvings
22. What happens if too many miners quit?
– The network adjusts its difficulty
23. What will the next block reward be after the halving?
– 3.125 BTC
24. Why does the halving happen?
– To control Bitcoin’s supply
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz
1. What does AI in crypto compare to?
– A digital crystal ball
2. What does AI analyze to predict crypto market trends?
– Social media posts, trading volumes, and price trends
3. What’s the role of historical data in AI predictions?
– It helps AI spot trends but doesn’t guarantee future outcomes
4. Why isn’t AI perfect for crypto predictions?
– It relies on historical data and probabilities
5. What can algorithmic trading bots NOT do?
– Feel emotions or provide reassurance during market dips
6. What does the script warn about trusting AI blindly?
– AI isn’t a crystal ball and can make mistakes
7. How fast can trading bots execute trades?
– In milliseconds
8. Can AI predict sudden market crashes caused by tweets?
– No, AI can’t predict unpredictable events
9. What is algorithmic trading?
– Bots executing trades based on AI predictions
10. What’s one risk mentioned about everyone using AI in crypto trading?
– Markets could become oversaturated with similar strategies
11. What is the main takeaway from the video?
– Al is a powerful tool but doesn’t replace research and caution
12. What does sentiment analysis help Al determine?
– Whether traders are feeling bullish or bearish
13. What’s the total cap on Bitcoin’s supply?
– 21 million
14. How do miners earn Bitcoin?
– By verifying transactions
15. How often does the halving occur?
– Every four years
16. What kind of event is the halving historically?
– Exciting and speculative
17. What’s a potential downside of the halving?
– Miners earning less
18. What is Bitcoin halving?
– An event that cuts miner rewards in half
19. What is the current Bitcoin block reward?
– 6.25 BTC
20. What economic principle is linked to the halving?
– Supply and demand
21. What’s the cap on new Bitcoin entering circulation?
– It’s limited by halvings
22. What happens if too many miners quit?
– The network adjusts its difficulty
23. What will the next block reward be after the halving?
– 3.125 BTC
24. Why does the halving happen?
– To control Bitcoin’s supply
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz
🤩 Farm CEXP tokens and earn rewards! CEX.IO App makes it simple and secure to buy, exchange, and store cryptocurrencies
