Dominance, initiative, consistency and conscientiousness – these are the four personality profiles that can be determined using the DISG procedure. What is the significance of DISG in crypto trading?
The DISC method, developed in 1928 by the American psychologist William Moulton Marston, is one of the best-known methods for determining personal strengths and weaknesses. Based on the self-assessment of the respondents, the DISC test differentiates between four personality traits, to which it owes its name: dominance, initiative, steadiness and conscientiousness.
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The test, which requires a license, can now be found online in numerous versions, but they all follow the same principle. The participant is presented with 4 adjectives in 10-20 rounds and has to decide which applies most and which applies to him least. Each adjective is representative of one of the four personality traits. At the end, the respondent receives a score for each character type. Each character type has its own strengths and weaknesses.
Although the DISC test is not without controversy, it is still very popular almost 100 years after its genesis, especially when it comes to forming teams. In a good team, so the calculation, every character type must be represented. We thought about whether crypto investors can also be classified according to DISG.
The dominant daredevil
The dominant type is a doer who loves competition and has an iron will. He attaches great importance to competence, personal freedom and concrete results. He faces challenges confidently. Typical D properties are:
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- Responsible
- Adventurous
- Decision-making
- Competitive
- Aggressive
- Determined
- Ambitious
- Strong-willed
- Impulsive
- Risk taker
The dominant investor often invests larger amounts – when the market is wavering again, it runs at full speed. When he trades, he does it with leverage. No (calculable) risk, no fun – that is his motto.
Patience, on the other hand, is not a category in which D-types shine. Therefore, you run the risk of acting prematurely, where it would be better to keep your feet or wallet still. D-investors must also be careful not to overlook important details, such as an unfair token distribution, in the heat of the moment.
Initiative type of investor: communication is everything
The I-Type is creative and excellent at infecting others with their enthusiasm. The following adjectives characterize the I-type:
- Sociable
- Trustful
- Optimistic
- Convincing
- Heartily
- Enthusiastic
- Influential
- Magnetic
- Inspiring
An I-Type investor thrives when they interact with other crypto nerds via social media, forums and chat groups. He chooses coins with a good community and actively participates in it himself. Investors with a particularly strong I characteristic must be careful not to become overconfident because of the sheer enthusiasm for a project. Her mantra: anything is possible.
DISG profile S: The hamster
A willingness to experiment, enthusiasm, aggressiveness: S-types have little to gain from these categories. As real team players, they are characterized by hard work, patience and perseverance. With a relaxation bordering on phlegmatism, nothing can disturb them. Typical properties of the continuity type:
- Stable
- Deliberately
- Predictable
- Patiently
- Not expressive
- Resistant to change
- Relaxed
Constant dripping fills the barrel: S-types invest smaller amounts, but at regular intervals. FOMO and FUD leave them cold as they persistently stack their satoshis with diamond hands. As a result, the S investor has little left for day trading. His strategy: DCA, Hodl and Chill.
The G-Type: DYOR as a religion
The conscientious type attaches great importance to stability and accuracy. He is an established strategist and tries to leave as little as possible to chance. According to the DISG, a pronounced D profile includes the following properties:
- Analytically
- Detailed
- Perfectionist
- Systematically
- Accurate
- Carefully
- Thoroughly
- Away
- Formally
- Withdrawn
- Calm
- Logical
- Controlled
Investors with a strong G-profile are immune to the siren song of the altcoin apologists. Your investment decisions are not hasty decisions based on current trends on crypto Twitter, but are always the result of an intensive discussion of a project. Do your own research is the top priority for G-types. Once a G-Type has decided on a coin, he trusts his analytical skills and patiently waits to see whether the market develops in his direction. However, G investors must be careful not to cling to their strategy convulsively if the signs that they have miscalculated pile up.
Conclusion: DISG – food for thought
Of course, DISG should not be used as a basis for investment decisions. Nevertheless, the scheme offers an opportunity for self-reflection, which can contribute to a better understanding of one’s own behavior. And the ability to self-assess is helpful in every area of life – even when it comes to the hard (crypto) taler.