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🅀 1. What's a downside of decentralization mentioned?
✅ Slower transaction speeds

🅀 2. What makes decentralized blockchains secure?
✅ Spreading risk across nodes

🅀 3. Which blockchain is mentioned as decentralized?
✅ Bitcoin

🅀 4. What does decentralization in blockchain avoid?
✅ A single ruler or server

🅀 5. What are the computers in a blockchain network called?
✅ Nodes

🅀 6. What does a trustless system rely on instead of a bank?
✅ Math

🅀 7. What's a key benefit of decentralization over centralized systems?
✅ It keeps running unless the internet dies

🅀 8. How is censorship resistance described?
✅ Like banning glitter at a party

🅀 9. What can centralized systems like banks do to your money?
✅ Freeze your cash

🅀 10. What does censorship resistance prevent?
✅ Blocking of crypto transactions

🅀 11. How is decentralization compared to a social event?
✅ A potluck dinner

🅀 12. Where can you learn more about decentralization?
✅ BECEXY

🅀 1. What message does the video leave viewers with?
✅ It's not financial advice—just internet chaos

🅀 2. What's a likely outcome if you FOMO in at the top?
✅ Watching your investment drop in value

🅀 3. What is the typical utility of a meme coin during meme season?
✅ It often has no real utility

🅀 4. What happens to those who buy meme coins too late?
✅ They become exit liquidity

🅀 5. Why are influencers powerful during meme season?
✅ A single tweet can send a coin skyrocketing

🅀 6. How do meme coins typically gain traction?
✅ Through hype, virality, and community memes

🅀 7. What's often included in a meme coin's roadmap?
✅ Vague promises like "soon"

🅀 8. What is meme season in crypto known for?
✅ Hype-driven coins with little to no fundamentals

🅀 9. What is a common trait of meme coin developers?
✅ They launch fast with minimal planning

🅀 10. What do degens typically do during meme season?
✅ Invest small amounts into risky meme coins

🅀 11. What do whales usually do with meme coins?
✅ Invest large sums early and ride the hype

🅀 12. What do crypto influencers often say before giving advice?
✅ "Not financial

🔢According to the video, what gives traders a "dopamine hit"?
✅ The rush of making quick decisions and seeing immediate results

🔢According to the video, who historically often outperforms active traders?
✅ Patient holders over the long term

🔢What mental challenge does the video say crypto holders face at night?
✅Second-guessing their decisions and wondering if they made the right choice

🔢What does the video suggest is a challenge unique to crypto compared to traditional investments?
✅ The extreme volatility of this emerging technology and new asset class

🔢What does the video suggest haunts crypto holders at 3 AM?
✅ Second-guessing and thoughts about whether they should have sold at the peak

🔢What psychological principle makes losses feel about twice as painful as gains feel good?
✅Loss aversion.

🔢According to the video, what's a more thoughtful approach some holders take?
✅ Having investment theses written down to remember why they bought in the first place.

🔢What cognitive challenge do crypto holders face according to the video?
✅ Fighting against caveman brains that evolved for immediate threats and opportunities.

🔢How does the video describe the influence of crypto news cycles?
✅ Creating emotional whiplash with dramatic positive and negative headlines

🔢🔢How does the video describe holding crypto compared to the market's pace?
✅ Moving at glacier pace while the market moves at lightning speed.

🔢🔢What analogy does the video use to describe the holding experience?
✅ Like watching paint dry, if the paint occasionally burst into flames or turned into gold

🔢🔢According to the video, what do millions of crypto holders have in common?
✅ Checking their phones at inappropriate times and trying not to panic sell

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