How To Use Trading Psychology In The Context Of NEAR Protocol (NEAR)

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The dominant commercial psychology with cryptocurrency: Guide to the next protocol (next)

The cryptocurrency revolutionized the way we think about digital property by providing a unique blend of decentralization, safety and high yield potential. Among the numerous encryption techniques there, the next (next) protocol stands out, a popular platform for creating decentralized applications (DAPP) that utilize blockchain technology. In this article, we are looking at how to spread commercial psychology to your close portfolio, helping you make conscious decisions and maximize your return.

What does it negotiate psychology?

Commercial psychology means mental health and behavioral factors that affect decision-making in the purchase or sales of digital funds. It covers multiple aspects including:

  • Risk Management : How do you control potential losses and stop loss levels.

  • Emotional Management : Regulation of emotions such as fear, greed and emotions to avoid impulsive decisions.

3.

  • Decision -making criteria : Creating clear rules to assess opportunities and risks.

near the protocol (next) general vision

Before we dive into commercial psychology, we quickly check close to the protocol:

* Blockchain : Built in the Consensusalith of the Posa evidence, in a safe, scalable and energy -efficient Blockchain experience nearby.

* DAPPS Economic System : Presented a wide range of decentralized applications, including games, social media and entertainment platforms.

* Intelligent Contract Function

: Gives developers the opportunity to create self -implemented agreements with certain rules, ensuring safe and open interaction.

negotiating psychology Crace

Now that we cover the basics, some of the principles of commercial psychology are applied to a close portfolio:

  • Loss Strategy : Defines your STOP -level goals based on profit or loss. For example, if you expect a price increase by 20%, set a stop loss to 60%of your original investment.

  • Station size dimensioning : Set the ideal size for each negotiation to make sure you are not super or below the lever effect. Consider using the “risk fee” as a guide.

3.

  • Emotional Management : Avoid impulsive decisions based on emotions such as fear or emotion. Allow time to evaluate the situation before starting the negotiations.

  • Diversification : Apply investments to different assets to minimize risks and maximize possible returns.

  • Balancing

    : Seasonally check your portfolio to make sure it stays in line with your investment objectives and risk tolerance.

Example of negotiation strategy: close to other property

To apply commercial psychology, we create a simple example strategy almost compared to other popular cryptocurrencies:

* Strategy: Buy 10% nearby when its price is less than $ 5.00, sells it when it reaches $ 7.50 (target 20% profit) and balance market prices.

* Risk Management : Set 30% ($ 1.50) End level to limit possible losses.

conclusion

Commercial psychology is an integral part of successful cryptocurrency investments. By applying the principles described above, you have better equipped information -based decisions, manage risks, and maximize your return in the next (next) protocol. Remember to stay adaptive, always continue learning and adjust your strategy as market conditions develop.

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