CEX Daily Combo 26 January 2025

 

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Task: "Fear vs. Greed: The Index That Rules Crypto Trading"

1. What is the range of the Fear and Greed Index?
✔️0 to 100

2. What emotion dominates the market at a low index score?
✔️Fear

3. What does the narrator compare "Extreme Greed" to?
✔️Flying too close to the sun

4. What is the scariest thing in crypto, according to the narrator?
✔️Your own emotions

5. What's a good strategy during "Extreme Greed"?
✔️Consider selling

6. What did the narrator say about "following the herd"?
✔️It leads to the abyss

7. What should traders do when the market shows "Extreme Fear"?
✔️Consider buying

8. What emotion dominates the market at a high index score?
✔️Greed

9. What happens when the index shows "Extreme Fear"?
✔️Traders are panicking and selling

10. What does the Fear and Greed Index measure?
✔️The emotions of the crypto market

11. How can the Fear and Greed Index help traders?
✔️By showing when to act cautiously

12. What does "Extreme Greed" indicate?
✔️The market is overconfident and risky

➡️Task: "How to Use Limit and Market Orders"

1. What is one thing you should always do before confirming a trade?
✔️Double-check the numbers

2. Which order type is best for getting a specific price?
✔️Limit order

3. Which order type is faster?
✔️Market order

4. What is a limit order?
✔️An order that lets you set the price you want to buy or sell at

5. What is the main benefit of a market order?
✔️Speed

6. When does a limit order execute?
✔️When the market hits your set price

7. What is a market order?
✔️A quick way to buy or sell at the current market price

8. What analogy did the Veteran Trader use for a market order?
✔️Grabbing the last slice of pizza

9. What's the final piece of advice from the Veteran Trader?
✔️Always trade smart

10. What happens if the market doesn't reach your limit price?
✔️The order doesn't execute

11. What's the downside of a market order?
✔️You might pay more than expected

12. What analogy did the Veteran Trader use for a limit order?
✔️Fishing with bait.

 

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