NUMBER 1 LAW that REGULATES CRYPTO-CURRENCY UNIVERSE!

in bitcoin •  7 years ago 

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The Crypto-Sphere

You can imagine the Crypto-Sphere as an immense universe; a highly advanced community gearing up towards the future.

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The Population

Its people are free-minded, able to think without limits, able to do what they want with NO hesitation!

The people can interact however they want, whenever they want.
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No rules, no regulations, no hesitations, people are entering this Utopian world as freely as they may.

Its population? Exponentially increasing!

The Struggle

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Being part of this new world, makes us anxious. We are not used to being this free. We are dumb-founded by almost EVERYTHING

We are used to being constraint by a rule, a law, that governs everything, so that we may have a STANDARD way of living.

In order to be familiar, we searched for a LAW, a law that we may hold on to as a standard way of living inside this CRYPTO-SPHERE.

There are no rulers, no kings, no presidents, but we were successful in FINDING 1 LAW that governs the CRYPTO-SPHERE.

THE LAW

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There is this one human law that currently drives the way this community behaves.

The Law of Confirmity

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Conformity is the act of matching attitudes, beliefs, and behaviors to group norms.

We all have this fear of the unknown. The tendency now, is to follow what others are doing so that all of us tend to go in one fluid motion.

In sales and marketing, conformity is used to attract customers into buying or following a specific instruction just by telling that most people buy this product or recommends the product.

For example:
"8 out of 10 doctors recommend to use this product" as compared to "Doctors recommend to use this product".

A hotel was able to save up on cleaning bath towels by 40% just by putting a sign that tells "75% of our tenants re-use their bath towels in order to help conserve water"

As a normal person, you would not want to be left behind. You would want to be part of that "75%" who helped conserving water.

How We Behave

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Most people entering the crypto-sphere have very small idea of what they are going in to.

Most people have this mindset of "I will be rich with Crypto-currency" but has no idea of what the crypto-sphere is really like.

The tendency now is to CONFORM with others in order not to get left behind.

News of Bitcoin and Ethereum value is rising; everybody goes BUY! BUY! BUY!!

The price will surely soar and those who made profits will SELL! SELL! SELL!!

When people are selling, prices tend to be lower; then every body goes SELL! SELL! SELL!!

All, with the fear of missing out.

The Influence

People also tend to follow the influential people in this sphere.

They listen to them for advise, and imitate what they are doing; again conforming to their sub-community (slack).

Someone says "PUMP and HODL", everyone goes "PUMP and HODL".

Someone says "Use my code 'xPstRc' in Genesis Mining", everyone uses the code.

I say follow @starplatinum on steemit, people will follow!

All of these are forms of conformity, since it is the only standard and law we can hold onto right now.

The Reaction

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Is it BAD to conform? Of course not!

We all have nothing to hold on to. Just the dream of becoming the next MILLIONAIRE inside the crypto-sphere.

What we need to do is to research, study, and apply what we have learned.

We need to be wise with what we invest. DO NOT put all your life and savings into this world.

We need to think, and re-think all our decisions in investing our money in crypto-currency.

Just like you, I'm just wisely following the trend.

God Bless You!

(Special Mention to @boxmining , @cryptonick , @ivanli for inspiring me in the crypto universe. Thank you guys!)

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Good post! I agree with most of it :)

Thanks! Appreciate it very much! :)