Here is a summary of the text, focused on the role of commercial psychology in cryptocurrency investments, in particular with Bitcoin Cash (BCH):

Commercial psychology

The text underlines that trading in psychology plays an important role in the investments of cryptocurrencies. Mentions various psychological factors that influence the decisions of operators, such as:

• Fear and greed: traders are subject to emotional reactions such as fear when they undergo losses or greed when they see the gains.

• Loss aversion: The tendency to avoid losing more than one monetary unit can cause impulsive decisions.

• Confirmation bias: excessively positive or negative information can model the perceptions of traders, which led them to make decisions based on incomplete or deceptive data.

Role in investments in cryptocurrency

The text suggests that commercial psychology has a significant impact on cryptocurrency investments with Bitcoin Cash (BCH). Note that:

• Traders may have more likely to engage in high risk behaviors when they invest in BCH, such as buying the price wave.

• BCH’s volatility can trigger emotional reactions by traders, leading them to make impulsive decisions.

• Commercial psychology can also lead to translation or excess leverage, which can involve significant losses.

Implications

The text implies that understanding commercial psychology is fundamental for investors who want to succeed in the cryptocurrency market. Suggest this:

• Investors must be aware of their psychological prejudices and take measures to mitigate them.

• Trading strategies must be based on a well understood commercial psychology rather than relying exclusively on technical analysis.

• Market players must be careful when investing in high volatility cryptocurrencies, such as BCH.

Overall, the text stresses that traders must take into account trading in psychology when they make investment decisions in the cryptocurrency market. By understanding how psychological factors influence their behavior, investors can make more enlightened choices and reduce the risk of losses.