Satwinder Kaur - Project
Welcome to Zac Hartleys Cryptocurrency test
Sharpen your pencils, juice those erasers, and get ready to lay it all on the line in this 8 question
Multiple Choice examination.
1) Drives the price of a Crypto?
A) Elon Musk
B) Supply and Demand
C) Hype
D) Bitcoin Adoption
Answer: B
2) What is a blockchain?
A) a type of Cryptocurrency
B) Square rope
C) Dividend
D) Digital Ledger
Answer: D
3) What does it mean when price crosses above the moving average?
A) Buy Now
B) Sell Now
C) This is a good sign
D) Nothing
Answer: A
4) What is the best way to keep track of your trading performance?
A) Binance
B) In your head
C) Your Trading Journal
D) How you feel
Answer: C
5) Which cryptocurrency can be traded with almost all other cryptocurrencies
A) XRP
B) ETH
C) BTC
D) BNB
answer: BTC
6) Indicators are used for what?
A) To tell us exactly when to buy and sell
B) As tools to help us understand what is happening
C) To determine the future
D) The Majority of our trading strategy
Answer: A
7) Why do cryptocurrencies trade in pairs?
A) to keep things simple
B) Because you have to purchase with another currency
C) They like to trade together
D) The crypto gods said so
Answer: B
8) What is Staking?
A) Lending your crypto in order to make extra income
B) making dinner
C) Buying the dip
D) Buying the breakout
Answer: A