Malik buys an asset only because he expects to resell it next week for more, without considering what it earns or is worth. What is this approach?

Priya compares a fund's holdings, fees, risks, and fit with her 15-year goal before buying it. Is Priya's approach investing or speculation?

Andre plans to keep money invested until he is 35 instead of selling next month. Which term names the length of time he expects to hold it?

Which detail best supports an investment decision rather than a speculative purchase?

Elena keeps crypto in a self-custody wallet. She loses the only copy of her seed phrase, and her phone breaks. What usually happens to the crypto?

Avery holds $500 of cryptocurrency in an account at a crypto exchange. Is that cryptocurrency protected by FDIC insurance?

Which action is strongest evidence of investing for a long-term goal?

Naomi day trades stocks and earns a $600 net profit this year. How are those gains taxed?

Which statement about day trading do studies of real traders support?

A cryptocurrency's price moves up and down sharply within hours. Which term describes this large, rapid price movement?

What is day trading?

For a self-custody cryptocurrency wallet, which item must be kept secret because it can control access to the assets?

Kai uses $1,000 of his own money and borrows $1,000 to buy $2,000 of a volatile asset. Ignoring interest and fees, its price falls 10%. How much of Kai's own money is lost?

Nia buys $500 of cryptocurrency. It falls 30%, with no fees or borrowing. What is the investment worth afterward?

Jalen has $900 in cryptocurrency and adds $100 more, so all $1,000 he has invested is in cryptocurrency. Which type of risk does this create?

A day trader starts with $1,000. Each purchase and each sale costs $8, and the trader makes four round trips with no price change. What balance remains after the fees?

A supposed crypto support agent asks Rosa for her seed phrase to “fix” her wallet. What is the main danger?

A promoter pays earlier participants with money from newer participants instead of profits from a real business. What scheme does this describe?

Promoters hype a thinly traded asset online, then secretly sell their own holdings after buyers push up its price. What is this called?

A pitch for an investment club lists four features. Which one is the clearest sign of possible fraud?

A social-media promoter says, “Enroll before midnight or lose this secret opportunity forever.” What warning sign appears in the pitch?

When Maya asks how an investment makes money, the presenter says the formula is secret and gives no financial information. What is the main concern?

A program pays members mainly for recruiting new members, while its product is barely sold. What kind of scheme does this suggest?

An online group posts only anonymous screenshots of huge profits and shares no account records or explanation. What should a student conclude?

A website says you have $10,000 in profits but first demands that you send $300 in cryptocurrency to unlock the money. What is the best response?