In the cryptocurrency world, the pyramid can be used to describe the society: the top, the middle, and the bottom. Which part do you belong to?
Bottom
➢ It is composed of many ordinary investors and novices who have just entered the apprenticeship (commonly known as green hands and leeks). They may be infected by people around them or people on the Internet, and join this industry without understanding it at all.
➢ They lack experience and knowledge, and are easily affected by market fluctuations and people at the top and the middle of the pyramid. They belong to the horizontal row of fence-sitters. Although they belong to the bottom of the pyramid, their behavior and decision-making may also have a certain impact on the market, especially in large-scale buying and selling behaviors, which may cause violent fluctuations in the market. Just like the food chain, any chain failure will cause the destruction of the food chain.
➢ Maybe they entered this ranks just to kill time or earn money for a cup of milk tea every day, so please don't say bad things to them. Who hasn't walked through the apprenticeship slowly!
Middle
➢ It is composed of most people who have a certain influence, rich resources, and skilled technology in the cryptocurrency world. These people make a living by trading cryptocurrencies, and they can make very good profits through technical analysis and market insight.
➢ There are also some researchers who have a deep understanding of the cryptocurrency market and can provide valuable market analysis and predictions (commonly known as masters, teachers) and some people at the bottom of the tower will look at the people in the tower and follow them.
➢ Although these people are not as famous as the people at the top of the tower, their influence cannot be easily ignored, and their behavior and words still have a certain influence on the market.
Top of the Tower
➢ It is composed of a small number of people with huge wealth, high social status and high prestige. These people may be early investors in Bitcoin. They believed in its potential when Bitcoin was first launched and invested a lot of money.
➢ In addition, they may also be founders or executives of some projects, with a large number of tokens or shares. Some top traders will also be in this position. They have superb market analysis skills and can accurately predict market trends (commonly known as big guys)
➢ Their words and actions in the cryptocurrency circle can often lead the direction of the market, and even change the entire market structure.
End
There is a relationship of mutual influence and checks and balances between the various levels of the pyramid, which together build a complete cryptocurrency society. Therefore, respecting people at different levels and maintaining a peaceful mentality is crucial to the stable development of the entire cryptocurrency society.