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Nuts Farm Learn Answers
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Nuts Farm Crypto Calendar Task Answer
In what year Bitcoin was created?
Answer: 2008
What tokens will you receive as a reward?
Answer: Sand
Lesson 3:

Question: What is the name of the key technology on which cryptocurrency operates?
Answer: Blockchain.
How many types of cryptocurrencies are there on the market today?”
Answer: 13,000.
Which of the following currencies has the largest capitalization?
Answer: ETH
Lesson 4:

What is fiat?
Answer: Traditional currency.

Question: What can you do on a crypto exchange?
Answer: Trade

Lesson 6:

Question: What is P2P?
Answer: Exchanging cryptocurrency without intermediaries.

Question: How else can cryptocurrency be exchanged?
Answer: Through an exchange service.

Question: When does the exchange confirm a deal?
Answer: When both parties confirm the exchange has occurred.

Lesson 7:

Question: What does the SQUID token example teach us?
Answer: That it’s important to analyze a project before investing.

Question: Choose the type of cryptocurrency tied to the US dollar.
Answer: Stablecoin

Question: Which cryptocurrency from the list is the native coin of the blockchain?
Answer: BTC
Lesson 8:
Question: What principle is important for successful cryptocurrency investments?
Answer: Diversification – distributing investments across different cryptocurrencies.

Question: What portfolio is suitable for long-term investments (over two years) with a capital of $1,000?
Answer: Safe Portfolio

Question: What percentage of the stablecoin market does USDT occupy?
Answer: 75%
Topic: How to Track Your Portfolio:
What did Tim do wrong?
Answer:
Spent all his savings to buy BTC influenced by news.
Question: What is the advantage of Victor’s strategy?
Answer: Victor reduced risk and profited by investing gradually.
Question: What is DCA?
Answer: A strategy of regularly buying an asset with a fixed amount.
Question: Why does the DCA strategy work?
Answer: It helps avoid impulsive decisions and buy assets at favorable prices.
Topic: When to sell cryptocurrency?
Question: What is the “ladder” strategy?
Answer: Selling cryptocurrency in portions at different price levels.
Question: What mistake did Tim make?
Answer: Used ladder strategy to frequently.
Question: What is the main advantage of the <<ladder>> strategy?
Answer: Helps lock in profits even if the price drops later.

Question: What should you do if the asset’s price doubles?
Answer: Sell half of the asset to recover your investment.
Topic: Passive Income
Question: What is staking?
Answer: The process of “freezing” your cryptocurrency to earn interest.
Question: Where does the profit from staking come from?
Answer: For supporting the network, lending, or exchange promotional programs.
Question: How are blockchain support and staking rewards connected?
Answer: By freezing coins, you help the network process transactions and ensure security, for which you receive rewards.
Question: How do promotional programs for launching new projects work?
Answer: The exchange credits tokens of a new project for staking your cryptocurrency.

Topic: Protecting from Scammers
You want to sell USDT via P2P. What should you check before making a deal?
Answer: Reputation and reviews of the buyer
A “representative of the exchange” messages you, asking to confirm your data or your account will be blocked. What should you do?
Answer: Ignore and contact the exchange’s support team
What is a sign of a fraudulent exchange website?
Answer: The website address differs by just one letter from the original
Block 2:

Topic: Fundamental Analysis
What does Fundamental Analysis (FA) study?
Answer: The project’s technology, team, competitors, and key metrics.
How does Fundamental Analysis (FA) differ from Technical Analysis (TA)?
Answer: FA helps you pick assets for the long term, while TA is used for short-term trades.
What should you do if a blogger talks about a “promising” coin?
Answer: Conduct your own FA: verify the team, tokens, partners, and activity.