Long Term Coin
Coinmonks
Published in
7 min readMay 22, 2024

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Why is the cryptocurrency community the biggest driving force to its success? Explained

When it comes to the cryptocurrency market, people are interested in following the crowd, but that is different from how things work if you want to become a successful investor. Recently, I saw an Indian Chess prodigy, D.Gukesh, qualifying for the world chess championship final, and the media followed him like crazy; he was all over the internet, but nobody thought about the years and hours and hours of practice he did to qualify for this. The media projected him as if anyone could have done it, but this is far from reality, and cryptocurrency media houses do the same thing. They sell shiny things but never share the core reason for any cryptocurrency project’s success — A community and harmony between community members. Chess is not about winning but making your pieces harmonious with every move; similarly, cryptocurrency is more about harmonizing with community members of your invested cryptocurrency. That is what attracts decentralization and value to that project.

A slow investing journey irritates people, just like the game of chess, where only patience matters. However, the more you focus on putting your pieces on the right square, the more opportunities you create to win. Similarly, the more you focus on putting your money in the community rather than finding the next bitcoin, which will never happen, the more opportunities you create to make money in your portfolio. When you play chess, and you can’t beat the player higher than you, then the reason is that you have not taken the burden of calculating more variations and that pain is immense to push your mind to the next level limits. Similarly, pushing your mind to behave in harmony with other community members and creating bonds with community members of the project you have invested in will be painful. Still, it is the best way to grow. Growth naturally is unbearable. Smart chess players identify the exact role of each peace in every situation for the larger goal, and a successful cryptocurrency identifies the precise role of each community member and unites them for a larger goal.

In chess, every position requires a growing mindset for better harmony between chess pieces. Similarly, if the community has a growth mindset, they can embrace change in their long cryptocurrency journey. Chess is about being reactive to every opponent’s move, and investing in cryptocurrency is about being reactive to any threat to the coin you own. The stronger the bond between community members, the higher the odds that the community will be more reactive. The more you react to the opponent’s move, the higher the odds your move will be stronger.

Similarly, the more your community is ready for any instantaneous change, the more chance the project will grow in every area. When chess pieces are placed on the wrong square, it is best to quickly accept that mistake and move it to the correct square. Similarly, suppose you have invested in cryptocurrency projects that are centralized and driven by the founders; in that case, you will have to accept that mistake and allocate your pieces(funds) to the projects driven by the community and promote decentralization.

If we become arrogant while playing chess, we are likely to lose because we will not be able to see our mistakes during the game. Similarly, investors who are arrogant and unwilling to adjust with other community members will also face losses in their investments. No matter how hard you think to play the best move and harmonize your pieces, you will always make mistakes in chess. Similarly, no matter how hard we try to create a powerful bond between community members, we will always leave room for not creating a perfect bond. When you are in the middle of an intense calculation, filtering out wrong moves is sometimes tricky, but the only thing that you can do is give your best. Similarly, in a crypto community, the only thing that you can do is give your best to create a bond with others and leave negative thoughts behind. Sometimes, The trick in playing good moves lies in showing something else and playing something else, and even in crypto media, it is showing something else by selling overnight dreams. Still, the reality is only community and bonding between community members.

Moving pieces on correct squares repeatedly requires practice and hard work that cannot be understood by people who do not do it. Similarly, people who give crypto investment advice must build powerful communities or constantly invest in decentralized community-driven projects to be trusted. If someone claims he is killing it in crypto, do more research than ever required because the place that shines like the sun always has hidden dark truths. Investing in or building decentralized communities is hard, so most fail at doing both and leave the cryptocurrency market quickly. Similarly, Just focusing on capturing the opponent’s pieces is easy, and focusing on putting the pieces harmoniously is hard. Players leave chess not because they lack interest but because they cannot handle the struggle to repeatedly put the pieces on the correct squares. Chess is about challenging the status quo. What is the status quo in chess? It is your previous move. Similarly, in crypto, you can challenge the status quo of investing simply by finding decentralized and robust communities.

People love secrecy, and that nature reflects in the game of losing chess players because they focus more on putting their pieces on inactive squares. Similarly, people love secrecy and love being a guy who does it alone and makes millions in crypto, but the opposite approach is required in both cases. In crypto, you have to avoid the ego of going all alone and become part of a community that is connected on an emotional level. Chess is all about being present in the moment because the more you are present, the more you can understand the opponent’s plan. Similarly, investing in cryptocurrency is all about creating quality moments with the other community members because that will make a solid foundation for the long-term growth of the coin and its price. You must also be careful not to fall into your opponents’ traps in chess, so you should always watch out. In crypto, different projects will try to lure investor into investing in their projects by trapping them in random illusionary concepts that cannot be executed, so you will have to watch out for that, too. Chess always teaches us to be patient in tense situations, and crypto also teaches us to focus on the hard path of community bonding even when the market is turbulent.

Chess breaks the illusion that your single piece can win the game for you, and crypto will break the illusion that a few people can make a project transparent and successful. Still, a strong community of hundreds of people can — a community that makes daily decisions about the project’s growth. The image of your existing position in your mind during any given moment decides how reactive you will become when your opponent plays the next move. Similarly, the image of your cryptocurrency community will determine how other investors will react when they are looking to invest in the project you have already invested in. In chess, the more integrated your pieces, the more chances you create of winning the way Bitcoin has integrated miners through the power of competitiveness. Infiltration in your opponent’s territory can be done when you control the center of the board in chess. Similarly, you can infiltrate the profit in crypto when you control the center of any cryptocurrency project. The center of every cryptocurrency project will always be its community, and you can indirectly control it if you become a genuine part of it. Chess teaches us the overall way of living together in harmony, just like chess pieces, and similarly, crypto teaches us to be in harmony with other community members, which is probably the way of living in peace.

Controlling emotions in chess is hard, just as in crypto, where it is difficult to bet on the community rather than on the illusionary promises. Truth hurts and sometimes breaks the heart, which is why people cannot handle chess. Truth in chess and crypto is harmony between chess pieces and community to create the best opportunities. People want to become the best chess players and investors, but that dream starts only when you focus on the more challenging part: harmony between the chess pieces or with the community members. You want to feel fresh every day in your cryptocurrency journey, and in the same way, you want to feel energized while playing chess. It happens when you focus on harmony. Growth is generally in peace and harmony between chess pieces, and peace in crypto is harmony between investors. Many people want extreme dominance in the game of chess but forget that dominance is achieved through peace and not by being aggressive. Similarly, in crypto, profit is gained by peace, and peace is simply creating a powerful human bond between community members.

Dreams can become a reality if we choose the path of peace as chess players or investors. Peace is simply connecting things or humans. Nature loves harmony, you know. Enjoying is not a crime in investing or chess, but we do not enjoy it because we do not know peace is the path to joy. Beauty needs peace, and peace needs harmony. If you want to find beauty in chess or crypto, try to find the path of peace and harmony, and you will be on the path of extreme beauty. Dreams of succeeding in crypto or chess cannot be left to chances but must be left to hard work, and attaining the skills of peace and harmony requires hard work.

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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