1.What does "HODL" stand for?
- a) Hold On for Dear Life
- b) Hope Our Dreams Last
- c) High On Digital Ledger
- d) Hold Or Die Laughing
Answer
a) Hold On for Dear Life ✅
2.Which term describes the fear of missing out on a profitable investment opportunity?
- a) FOMO
- b) FUD
- c) DYOR
- d) HODL
Answer
a) FOMO ✅
3."DYOR" means:
- a) Do Your Own Research
- b) Don't Yield On Rewards
- c) Deposit Your Own Resources
- d) Diversify Your Overall Risk
Answer
a) Do Your Own Research ✅
4.Which of the following is an example of a "rug pull"?
- a) A sudden drop in the price of a cryptocurrency
- b) A project's developers disappearing with investors' funds
- c) A large investor selling a significant amount of a cryptocurrency
- d) A new cryptocurrency entering the market
Answer
b) A project's developers disappearing with investors' funds ✅
5."When Lambo?" refers to:
- a) A popular meme asking when someone will be rich enough from crypto to buy a Lamborghini
- b) A question about the environmental impact of cryptocurrency mining
- c) A type of cryptocurrency wallet
- d) A specific type of cryptocurrency transaction
Answer
a) A popular meme asking when someone will be rich enough from crypto to buy a Lamborghini ✅
6.What does "FUD" stand for?
- a) Fear, Uncertainty, and Doubt
- b) Financial Upward Drive
- c) Future of Digital Currency
- d) Forged, Unverified, and Deceptive
Answer
a) Fear, Uncertainty, and Doubt ✅
7.What term describes a large holder of cryptocurrency who can influence the market?
- a) Whale
- b) Shark
- c) Dolphin
- d) Octopus
Answer
a) Whale ✅
8."NGMI" stands for:
- a) Not Going to Miss It
- b) Not Gonna Make It
- c) No Guts, More Investment
- d) Never Give Money In
Answer
b) Not Gonna Make It ✅
9.What does "apeing in" mean?
- a) Carefully researching a project before investing
- b) Impulsively buying a cryptocurrency due to hype or FOMO
- c) Holding a cryptocurrency for the long term
- d) Selling a cryptocurrency quickly for a small profit
Answer
b) Impulsively buying a cryptocurrency due to hype or FOMO ✅
10."WAGMI" expresses:
- a) The belief that only a few will succeed in crypto
- b) A cautious approach to investing in crypto
- c) The optimism that the whole crypto community will succeed
- d) The fear of losing money in cryptocurrency
Answer
c) The optimism that the whole crypto community will succeed ✅ (We're all gonna make it)
