CEX Quiz Answers 26 January 2025
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🎓 3 Rules for Crypto Success
1. What emoji does the narrator mention in Rule 1?
✅ Dog.
2. What does the narrator compare unprepared trading to?
✅ Playing poker blindfolded.
3. According to the video, what’s more important than timing the market?
✅ Time in the market.
4. What’s the suggested maximum risk per trade?
✅ 5%.
5. What is the primary purpose of stop-loss orders?
✅ To limit potential losses.
6. What’s the first rule of crypto success?
✅ Start with learning.
7. What helps traders stay alert, according to the narrator?
✅ Coffee.
8. What’s the crypto term for holding assets long-term?
✅ HODLing.
9. What can prevent financial disaster during a trade?
✅ Stop-loss orders.
10. What’s the key takeaway from this video?
✅ Follow the three rules: learn, manage risks, think long-term
11. What kind of trader’s capital is compared to a fragile egg?
✅ Meme stock investors.
12. What’s the narrator’s advice about wealth in crypto?
✅ Be patient.
🎓Why Is Bitcoin Called ‘Digital Gold’?
1. What makes Bitcoin more practical than gold?
✅ It’s weightless and easy to send.
2. What makes Bitcoin similar to gold?
✅ Both are scarce and valuable.
3. What has gold been trusted for over centuries?
✅ Storing value.
4. Why is gold considered valuable?
✅ Because it’s rare.
5. How can Bitcoin move across the globe?
✅ Instantly through digital transactions.
6. How many Bitcoins will ever exist?
✅ 21 million.
7. What makes Bitcoin a ‘store of value’?
✅ Its ability to preserve wealth over time.
8. How is Bitcoin shaping the future?
✅ By being decentralized and revolutionary.
9. Why is Bitcoin seen as a hedge against inflation?
✅ Because it doesn’t lose value like traditional money.
10. What role did gold play in history?
✅ Shaped economies.
11. What protects Bitcoin’s value in the digital age?
✅ Blockchain technology.
12. Why is Bitcoin called ‘digital gold’?
✅ Because it’s scarce, secure, and valuable.
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz
🎓 3 Rules for Crypto Success
1. What emoji does the narrator mention in Rule 1?
✅ Dog.
2. What does the narrator compare unprepared trading to?
✅ Playing poker blindfolded.
3. According to the video, what’s more important than timing the market?
✅ Time in the market.
4. What’s the suggested maximum risk per trade?
✅ 5%.
5. What is the primary purpose of stop-loss orders?
✅ To limit potential losses.
6. What’s the first rule of crypto success?
✅ Start with learning.
7. What helps traders stay alert, according to the narrator?
✅ Coffee.
8. What’s the crypto term for holding assets long-term?
✅ HODLing.
9. What can prevent financial disaster during a trade?
✅ Stop-loss orders.
10. What’s the key takeaway from this video?
✅ Follow the three rules: learn, manage risks, think long-term
11. What kind of trader’s capital is compared to a fragile egg?
✅ Meme stock investors.
12. What’s the narrator’s advice about wealth in crypto?
✅ Be patient.
🎓Why Is Bitcoin Called ‘Digital Gold’?
1. What makes Bitcoin more practical than gold?
✅ It’s weightless and easy to send.
2. What makes Bitcoin similar to gold?
✅ Both are scarce and valuable.
3. What has gold been trusted for over centuries?
✅ Storing value.
4. Why is gold considered valuable?
✅ Because it’s rare.
5. How can Bitcoin move across the globe?
✅ Instantly through digital transactions.
6. How many Bitcoins will ever exist?
✅ 21 million.
7. What makes Bitcoin a ‘store of value’?
✅ Its ability to preserve wealth over time.
8. How is Bitcoin shaping the future?
✅ By being decentralized and revolutionary.
9. Why is Bitcoin seen as a hedge against inflation?
✅ Because it doesn’t lose value like traditional money.
10. What role did gold play in history?
✅ Shaped economies.
11. What protects Bitcoin’s value in the digital age?
✅ Blockchain technology.
12. Why is Bitcoin called ‘digital gold’?
✅ Because it’s scarce, secure, and valuable.
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