CEX Daily Combo 27 December 2024
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Task: "How Tim Draper's Bitcoin Purchase Changed Crypto Forever"
1. Why did Tim Draper invest in Bitcoin?
✔️He believed in decentralizing money
2. What is Tim Draper's vision for Bitcoin?
✔️Decentralizing money for global financial freedom
3. What's the key takeaway from Tim Draper's story?
✔️Take bold risks and believe in innovation
4. Which companies has Tim Draper invested in?
✔️Tesla, Skype, and SpaceX
5. What unique accessory is Tim Draper known for?
✔️A superhero cape
6. What does Tim Draper encourage entrepreneurs to embrace?
✔️Big ideas and risk-taking
7. What price has Tim Draper predicted for Bitcoin?
✔️$250,000
8. What is Tim Draper's investment strategy?
✔️Betting on the future and innovation
9. What is Draper University?
✔️A school for entrepreneurs
10. What was the origin of the Bitcoins Tim Draper purchased?
✔️Silk Road auction
11. What bold move did Tim Draper make in 2014?
✔️Bought nearly 30,000 Bitcoins
12. What was Bitcoin's price when Tim Draper bought it in 2014?
✔️Around $600
Task: "Stop Guessing, Start Researching: Crypto DYOR Guide"
1. Why is the whitepaper important?
✔️It explains the project's goals and technical details.
2. What's a red flag in a community?
✔️Members spamming emojis instead of meaningful discussions.
3. What should you check about the team?
✔️Their professional background and credibility.
4. Why research partnerships?
✔️To ensure they are real and add value.
5. Where should a coin ideally be listed?
✔️On reputable exchanges.
6. Why is tokenomics crucial?
✔️It shows supply, utility, and distribution.
7. What is the main goal of DYOR?
✔️To make informed investment decisions.
8. What's a warning sign in token supply?
✔️One person owning 90% of tokens.
9. What should you avoid in a roadmap?
✔️Unrealistic promises.
10. What is one takeaway from the video?
✔️Always research before investing.
11. What does DYOR stand for?
✔️ Do Your Own Research
12. How can gut instinct help in DYOR?
✔️ It helps spot fishy projects.
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