Crypto Test

1. Why was Bitcoin created?

To replace all stocks To create credit cards To allow peer-to-peer digital payments without relying on banks To control inflation by banks

2. What does HODL mean?

Mining with leverage Holding crypto long-term despite volatility Selling every day Borrowing crypto

3. What is network activity?

A bank holiday list A company’s office activity A TV network schedule Usage of a blockchain, such as transactions and wallet activity

4. What is a hot wallet?

A government wallet A wallet connected to the internet A wallet stored in a freezer A stock account

5. What is a rug pull?

A scam where project creators take funds and abandon the project A blockchain upgrade A safe wallet backup A normal bank transfer

6. What is dollar-cost averaging?

Using only borrowed money Buying everything at once Investing a fixed amount regularly over time Selling after every dip

7. What is a meme coin?

A crypto often driven by community, humor, or hype A stable savings account A government bond A bank coin

8. Why is diversification important in crypto?

It reduces dependence on one asset It removes taxes It guarantees profits It stops volatility

9. What is a bear market?

A period of guaranteed profits A type of token A period when prices generally fall A wallet security method

10. What is a seed phrase?

A coin logo A recovery phrase used to restore wallet access A trading signal A tax code

11. What are crypto transaction fees used for?

Paying bank rent Buying insurance Paying network validators or miners Paying stock dividends

12. What is a crypto coin?

A token built only on Ethereum A company share A banknote A cryptocurrency with its own blockchain

13. What is a bull market?

A period when wallets close A period when exchanges disappear A period when prices never move A period when prices generally rise

14. What does a crypto wallet actually store?

Stock certificates Bank checks Private keys and access credentials Physical coins

15. Why is investing based only on hype dangerous?

Hype removes risk Hype guarantees value Hype can disappear quickly and prices can crash Hype protects wallets

16. What is a cold wallet?

A crypto exchange password A wallet connected to Wi-Fi A bank app A wallet stored offline

17. What is phishing in crypto?

A wallet upgrade A staking reward A scam that tricks users into giving passwords or private keys A blockchain fee

18. What is a crypto exchange?

A cold wallet only A platform where users buy, sell, or trade crypto A mining computer A tax agency

19. Why does token supply matter?

Supply controls private keys Supply guarantees profit Supply can affect scarcity and price behavior Supply removes risk

20. What is crypto volatility?

Large and frequent price movements A government guarantee A wallet backup A fixed price forever

21. Why do blockchains need miners or validators?

To create bank loans To verify transactions and secure the network To delete wallets To control stock prices

22. What is Bitcoin?

A bank-owned app A stock exchange The first major cryptocurrency A government currency

23. What is cryptocurrency?

A bank loan Digital money built on blockchain technology A stock certificate A physical coin

24. Which wallet type is generally more secure for long-term storage?

Exchange wallet only Hot wallet Email wallet Cold wallet

25. What is the main difference between a coin and a token?

Coins have their own blockchain; tokens use another blockchain Tokens are always safer Coins cannot be traded Tokens are physical