CEX.IO Quiz Answers Today: "If You Think Crypto is Just about Getting Rich" #cexio #cryptocurrency

🎛Task: If You Think Crypto is Just about Getting Rich

1. How does the video suggest dealing with the never-ending feeling of a bear market?
✔️Patience and holding on

2. What is the recommended response when you see your portfolio dropping in a bear market?
✔️ Stay calm and avoid panic selling

3. What does HODLing mean in a bear market?
✔️ Holding your assets despite the market downturn

4. What is Dollar-Cost Averaging (DCA)?
✔️Investing a fixed amount regularly, no matter the price

5. What does the video say about the recovery after a bear market?
✔️The market will eventually recover

6. What's one major point the video makes about bear markets?
✔️ They are temporary and part of the market cycle

7. What does Dollar-Cost Averaging help you avoid?
✔️The stress of trying to buy at the perfect time

8. What does the video suggest about investing during a bear market?
✔️ Stick to your strategy and avoid emotional decisions

9. What is the "golden nugget" strategy mentioned in the video?
✔️ Dollar-Cost Averaging (DCA)

10. What strategy helps spread out your investment risk in the video?
✔️ Diversification

11. What is the first thing discussed in the video about bear markets?
✔️ Emotions and panic selling

12. What does the video say about the recovery after a bear market?
✔️ The market will eventually recover

13. How should you feel during a bear market, according to the video?
✔️ Focused and patient.

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