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Lesson # 6
Exit Strategy & Portfolio Rebalancing
Blockchain Basics
1. When using Fibonacci extension levels to set price targets, which of the following levels is most commonly used beyond a previous high?
A. 61.8%
B. 100%
C. 161.8%
D. 50%
2. Why is gradual profit-taking considered a smarter strategy during rallies?
A. It allows traders to avoid taxes
B. It increases buying pressure
C. It reduces emotional decisions and locks in gains at intervals
D. It guarantees higher profits
3. What is the purpose of portfolio rebalancing after major price movements?
A. To eliminate all volatile assets
B. To maximize exposure to high-risk coins
C. To realign asset allocations and manage risk
D. To avoid paying gas fees
4. When should you avoid using DeFi strategies like yield farming or staking?
A. When gas fees are low
B. When you expect a strong price pump
C. When the token has high trading volume
D. When the market is in a sideways trend
5. Which of the following is a key signal that a previous high could act as a strong resistance level?
A. It has low volume and low engagement
B. It coincides with a Fibonacci retracement level
C. It was formed during a bear market
D. It appears in a project with no social following