CEX Daily Combo 4 January 2025

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Task: "Will CBDCs Replace Cryptocurrencies?"

1. What are CBDCs compared to in the video?
✔️ The teacher’s pet in the finance class

2. What is the main takeaway from the video?
✔️ CBDCs and cryptocurrencies are likely to coexist, serving different purposes

3. How does the video describe cryptocurrencies’ privacy advantage?
✔️ They keep financial secrets private

4. What is one technological advantage cryptocurrencies have over CBDCs?
✔️ Innovation like smart contracts and DeFi

5. How does the video describe the coexistence of CBDCs and cryptocurrencies?
✔️ Like a reliable sedan and a flashy sports car

6. What’s a key goal of CBDCs?
✔️ Provide stability in digital transactions

7. What analogy is used for the relationship between CBDCs and cryptocurrencies?
✔️ Rule-followers and rebels coexisting

8. What do cryptocurrencies offer compared to CBDCs?
✔️ Greater financial freedom and privacy

9. What can CBDCs allow governments to do?
✔️ Monitor your transactions

10. How are cryptocurrencies described in contrast to CBDCs?
✔️ Rebellious and decentralized

11. Which type of transaction might CBDCs be better suited for?
✔️ Daily, mundane transactions

12. How are CBDCs and cryptocurrencies similar?
✔️ Both are digital currencies

Task:"Can You Really Start Crypto Trading with $20?"

1. Can you own a fraction of a Bitcoin with $20?
✔️ Yes, you can buy fractions of Bitcoin

2. What is the minimum amount suggested to start your crypto journey in the video?
✔️ $20

3. What does diversifying your portfolio mean?
✔️ Investing in multiple cryptocurrencies

4. Why is continuous learning important in crypto?
✔️ The crypto world is ever-evolving

5. What type of wallets are recommended to keep your crypto safe?
✔️ Secure wallets like hardware wallets

6. What is the best way to protect your $20 crypto investment?
✔️ Use secure wallets and two-factor authentication

7. What does HODL stand for?
✔️ Hold On for Dear Life

8. Why should you avoid checking prices constantly?
✔️ It can be stressful and unnecessary

9. What is the overall takeaway from the video?
✔️ Starting with $20 is possible, educational, and low-risk

10. What do platforms like CEX.IO allow you to do?
✔️ Start trading with small amounts like $20

11. What strategy does the video recommend for beginners with $20?
✔️ Buy and hold onto your crypto

12. What does the video compare starting in crypto with $20 to?
✔️ Planting a tiny seed in a digital garden

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