Quiz: “From Shills to Degens: Keep Mastering Crypto Vocabulary”
>What does the term “Pump” mean ?
A sudden increase in a cryptocurrency’s price
> What can help you recover from feeling Rekt?
Learning from past mistakes and adjusting your strategy
>What does being “Rekt” mean?
Suffering significant losses in trading
>What should you keep an eye on when Whale Watching?
The buying and selling patterns
>Why is it beneficial to invite friends to learn about crypto?
To share knowledge and foster community
>What is a “Degen” trader?
Someone who takes excessive risks without research
>What does “Whale Watching” involve?
Tracking large investors in the cryptocurrency market
>How should you respond to a Pump in the market?
Evaluate the fundamentals
>Why is it important to avoid being a Shill?
It can mislead others and harm the community
>How can HODLing benefit?
It allows you to ride out market fluctuations
>Why might someone identify as a Degen?
They enjoy high-risk, speculative trading
>What does “Shill” refer to in cryptocurrency?
Someone who promotes a coin for personal gain