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The Two Mindsets In Crypto by jongolson

View this thread on: hive.blogpeakd.comecency.com
· @jongolson ·
$20.88
The Two Mindsets In Crypto
 https://images.hive.blog/DQmeBBiB9JGGooAGvVtqipnKXp8Tq6mwibcZriMvLo3yDVN/cr.png 

We're going to talk about two different groups of people in tonight's post and the mindset they each have ... 

One you may be familiar with, and might even be part of this group.

The other, is much more rare on chain, but is very much needed and we'll look at why in a few minutes...

When you first got into crypto, what attracted you to it?

The tech?  The decentralization? The potential? The life changing opportunity?  The...*Price*?

A big chunk of us got our first glimpse into crypto during the bull runs.  We saw prices soar and wealth being created left, right and center.  It's o.k. to admit it, we all like the moon shots!

But generally, not always, but a big chunk of us....Are here for the increases in value for the tokens we chose to invest in.

The problem is...A big chunk of this group remains in this mindset.

**Green. Candles.**

They aren't really interested in building things.  Or thinking long term.  They overall want their holdings to increase in value...Yesterday.

So for them, value is directly tied to what the markets say the token is at.  Price wise.  They live and breathe by the price.  That's it.  

Now the other group of people I mentioned are interesting.....

They have more of an entrepreneurial mindset.  And what exactly do I mean by that....

**Story time....**

When you begin to try to 'make money' from your own business, there are a few things you have to accept.  

The first being, profits aren't coming in a day or less.  You are willing to invest countless hours of your day, week and month into your business for the chance *(not a guarantee)* that your business will be a success.

Every day, you do the grunt work.  You show up, build your brands, build your business and invest not only money but your own time and effort into your dreams.

Again....For the 'chance' it will be a success.

Are you seeing where I'm going with this?

The 'other' mindset that is starting to pop up a lot on this blockchain is that entrepreneurial one.  The showing up, every day.  The dollar cost averaging.  The effort.  And never once worried about what the price of the token is.

They do all this, every day for the *CHANCE*, that $HIVE and / or $LEO takes off in the future.  Never the guarantee that it will...

These are the two mindsets I see pretty much every day on this blockchain.  Lots of talk about the price of crypto, and a few posts here and there about the future potential of this crypto.

Some are busy building, while others spend hours looking at the markets when, sorry not sorry, you have no influence on.  The prices go up and down, and you really had very little if anything to do with it.

The price, is all they have.

Personally, I'd rather be a builder.  Stack these things every day.  And worry about what I'm doing daily to add value to the chain and community, rather than what the price of it may be.

**2 mindsets.**

Which one do you gravitate towards?

---

 https://images.hive.blog/DQmWkfsBZpohb4FrYGPNFSQVy4KBEU5WtaSPzgCoJsYqFyz/leo.png 

Posted Using [LeoFinance Alpha](https://leofinance.io/@jongolson/the-two-mindsets-in-crypto)
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vote details (418)
@bozz ·
$0.07
I'll be honest, it was for sure the dollar signs that first got me involved.  I mean being a tech guy I like the tech behind it too, I find that very interesting and that tilted me towards it, but it was definitely the potential for earning that really got me here. Now I am more into how it can change the status quo.  Since I have been through a couple of cycles and I have seen the highs and lows of it.
👍  
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@captainbob ·
$0.08
The fun of entrepreneurship to me was always that even if I had limited funds to invest into my startup, I could invest that sweat equity.  Most crypto ventures out there don't give you that opportunity.  It's a process of invest and wait.  But with Hive, you can invest that sweat equity AND see the potential for market price increase.  It's a win-win on all sides.   Not to mention, there is something therapeutic at times to posting ;)
👍  
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@chesatochi ·
$0.07
I have to agree with the second class on this blockchain but sometimes you need to change your path. To be an entrepreneur is to constantly change in any market condition or adversity. 

Passe une belle journée. :) 
👍  
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@devpress ·
$0.07
I think the builder and stacker mindset pays off. And one doesn't have to rely on chain earnings either.They can use hive as a platform for promoting the work.And that is one of the ways they can build their business while they also stack rewards of Hive.
👍  
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@fjworld ·
> Which one do you gravitate towards?

Only 2 mindsets? !lol

All depends on the curent goal and objectives for a particular project.
It doesn't matter to me, what the currency is, be it crypto or fiat, I follow the same business practicves I need to do to make sure I have a profit. No profit, no building of new assets for the next business cycle.

The beauty I see in crypto is that I can reduce expenses and do more with less effort when compared to most web2 platforms. 

I trade a lot and I stay very active most days. I like to follow some tokens more closely for a period of time until I have a very good understanding of what drives its value, or not. In other words, how does it respond to volatility outside of the control of the business the token represents. I am business focused but I do like pleasure so some token trades to me are just for testing the waters. 

> The prices go up and down, and you really had very little if anything to do with it.

That is not true across the board. Trade bots, market makers, including humanoid with resouces do influence prices everyday.

Thanks again for another thought provoking post.

!ctp
!leo
!bbh
!luv
!pizza

I'm giving you some !beer cause I don't drink it. it's not too old. !fun





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@luvshares ·
@jongolson, @fjworld<sub>(2/3)</sub> sent LUV. | <a 
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<center>Join in <a href="https://peakd.com/hive-116655/@hive-116655/chat-hive-116655">Hive General chat</a> | Type <code>! help</code> (no space) to get help on Hive. <a href="https://hive.blog/hive/@helphive/helphive-introduction" target="_blank">Info</a> <a href="https://hive.blog/@helphive" target="_blank"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/23tc66FximNy5g3UyHckd43CbGEB5tAG9dXgDPZMqhzN5sfFfiAPkFoLRso2EHuuq9GZW.png"></a></center>

<center>Made with <a href="https://peakd.com/@luvshares" target="_blank">LUV</a> by <a href="https://hive.blog/@crrdlx" target="_blank">crrdlx</a></center>
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@jfang003 ·
$0.07
I prefer being a builder as well. Focus more on the good projects because 99% of the cryptos out there right now are all about the price. There are a lot of scams so it's way easier to focus on the good projects.
👍  
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vote details (1)
@numpypython ·
$0.07
Low prices are great for stacking especially on layer 1. On layer 2 it gets more tricky because lots of projects get abandoned unfortunately. I wonder if there's been any that have been successfully revived but I can't think of any.
👍  
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@rafzat ·
$0.07
Well, one mentality that most people from my country had was that they could make triple of their money from cryptocurrency overnight whereas it was wrong 
That's why so many people expect too high 
👍  
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@videoaddiction ·
$0.07
Isn't it the same on HIVE? Your posts don't get attraction and you don't earn much at first.
👍  
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