0 of 30 Questions completed
Questions:
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 30 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Average score |
|
Your score |
|
What is the purpose of Module 1 in CS10023?
What is the main problem that Bitcoin aims to solve?
What resources are available to help you in your crypto journey?
What personal details are typically required to sign up for a cryptocurrency exchange?
What is the definition of cryptocurrency?
How is cryptocurrency typically secured?
What is one reason people might get into cryptocurrency?
What benefit can cryptocurrency offer people in countries with historically poor financial management?
What was the main reason for the creation of Bitcoin?
Which of the following is a characteristic of Bitcoin?
What is the benefit of Bitcoin as a store of value?
What is Bitcoin’s aim as non-state money?
What are the benefits of Bitcoin?
Please type in at least ONE correct answer:
What are the two cryptocurrencies that have stood the test of time so far?
How risky are cryptocurrencies?
From low to medium to high risk
What is the annual percentage yield (APY) that is considered to be entering very risky territory?
What is the recommended approach to high APY investments if you do not understand where the yield comes from or how it works?
What does DCA stand for?
Is 2FA important?
What are the 3 basic security risks in crypto to watch out for?
FILL IN THE BLANKS
When investing in cryptocurrencies, it’s important to perform a comprehensive _______ assessment before considering investing. This is because failing to do so can significantly impact the risk-reward ratio of your portfolio. Additionally, most cryptocurrency projects will almost certainly _______ over the long-term for a variety of different reasons, including (but not limited to) low user adoption, poor management, lack of innovation, technical failure, or outright malicious intent. Finally, it’s important to diversify your cryptocurrency portfolio, as owning several cryptocurrencies that are all based within the same industry or designed to solve the same problem may expose you to unnecessary _______ if the industry or sector no longer has a demand or need for a blockchain-based solution.
Did you use the Fast method or the normal method to buy Bitcoin?
How confident are you in your bitcoin or cryptocurrency plan?Â
0 to 10
What exchange did you use?
Should I take my bitcoin off the exchange?
Where is the better place to store your cryptocurrency?
Are you now a bitcoiner?
I can keep track of my cryptocurrency on the Collective Shift platform.
I can keep track of the latest crypto news on the Collective Shift Platform
This course helped me understand bitcoin and cryptocurrency a little better
0-10Â