Nuts Farm Quiz Answers

Nuts Farm is Telegram crypto airdrop bot. This bot is available to earn the crypto coin from Nuts Farm so its early way to earn their coins. Then after listing the coin get distributed among the users. In this bot you can earn coins by completing tasks like joining Telegram channels, lik-retweet-follow the tweets, like the Telegram posts, refer the users so on. Nuts Farm has more then 1.6 million+ followers on Telegram.

Note: For some topics and lessons we not give answers because this set of lessons not have any questions! So lesson 1-2 don't have any question it's just set of data to learn. Find learn section in bot middle tab as shown in above picture.

Nuts Farm Learn Answers

Lesson 3:

Question: What is the name of the key technology on which cryptocurrency operates?
Answer: Blockchain.

How many types of cryptocurrencies are there on the market today?"
Answer: 13,000.

Which of the following currencies has the largest capitalization?
Answer: ETH

Lesson 4:

What is fiat?
Answer: Traditional currency.

Question: What can you do on a crypto exchange?
Answer: Trade

Lesson 6:

Question: What is P2P?
Answer: Exchanging cryptocurrency without intermediaries.

Question: How else can cryptocurrency be exchanged?
Answer: Through an exchange service.

Question: When does the exchange confirm a deal?
Answer: When both parties confirm the exchange has occurred.

Lesson 7:

Question: What does the SQUID token example teach us?
Answer: That it's important to analyze a project before investing.

Question: Choose the type of cryptocurrency tied to the US dollar.
Answer: Stablecoin

Question: Which cryptocurrency from the list is the native coin of the blockchain?
Answer: BTC

Lesson 8:

Question: What principle is important for successful cryptocurrency investments?
Answer: Diversification - distributing investments across different cryptocurrencies.

Question: What portfolio is suitable for long-term investments (over two years) with a capital of $1,000?
Answer: Safe Portfolio

Question: What percentage of the stablecoin market does USDT occupy?
Answer: 75%

Topic: How to Track Your Portfolio:

What did Tim do wrong?
Answer: Spent all his savings to buy BTC influenced by news.

Question: What is the advantage of Victor's strategy?
Answer: Victor reduced risk and profited by investing gradually.

Question: What is DCA?
Answer: A strategy of regularly buying an asset with a fixed amount.

Question: Why does the DCA strategy work?
Answer: It helps avoid impulsive decisions and buy assets at favorable prices.

Topic: When to sell cryptocurrency?

Question: What is the "ladder" strategy?
Answer: Selling cryptocurrency in portions at different price levels.

Question: What mistake did Tim make?
Answer: Used ladder strategy to frequently.

Question: What is the main advantage of the <<ladder>> strategy?
Answer: Helps lock in profits even if the price drops later.

Question: What should you do if the asset's price doubles?
Answer: Sell half of the asset to recover your investment.

Topic: Passive Income

Question: What is staking?
Answer: The process of "freezing" your cryptocurrency to earn interest.

Question: Where does the profit from staking come from?
Answer: For supporting the network, lending, or exchange promotional programs.

Question: How are blockchain support and staking rewards connected?
Answer: By freezing coins, you help the network process transactions and ensure security, for which you receive rewards.

Question: How do promotional programs for launching new projects work?
Answer: The exchange credits tokens of a new project for staking your cryptocurrency.

 

Different ways to earn Nuts Farm coins:

1) Complete tasks such as completing tasks like joining Telegram channels, lik-retweet-follow the tweets, like the Telegram posts so on.

2)  Refer and earn

3) Learn and earn

4) Farm and earn (Every 8 hours you can earn redeem farm coins and start new farming)

 

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