CEX Daily Combo 21 October 2024

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Get CEXP Reward with Grand Combat Combo 21 October 2024

 Task: "Crypto Mindset: 5 Unique Terms for Savvy Traders"

1. What happens during Analysis Paralysis?  
    ✅Traders overanalyze and struggle to make decisions

2. How can you overcome Analysis Paralysis?
   ✅Set clear goals and make informed decisions
 

3.What is Loss Aversion?
   ✅The tendency to feel losses more intensely than gains 

4.How can FOR impact your trading decisions?
   ✅It can lead to impulsive actions

5. What should you consider when looking at Pumpamentals?  
   ✅ The underlying value of the asset 

6. Why is it risky to chase green candles?  
   ✅ Prices can drop quickly after a rise 
 

7. What does "Chasing Green Candles" mean?  
   ✅Jumping on a rapidly rising asset

8. What are Pumpamentals?
   ✅ Hype-driven excitement without solid fundamentals 

9. What can help mitigate the impact of FOR?  
   ✅ Conducting thorough research

10. What should you do when experiencing Loss Aversion?  
    ✅Evaluate whether it's time to let it go

11. What does "Fear of Regret" (FOR) refer to?  
   ✅ Anxiety about missing out on price increases

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