Post
Topic
Board Trading Discussion
Re: Trade multiple trading pairs or only a few trading pairs?
by
Z_MBFM
on 15/07/2024, 20:34:51 UTC
In the crypto market, there are many trading pairs. After trading only two pairs for a year, I discovered that it is good to focus on a few pairs. Why? It has allowed me to master those two pairs and understand how they really move. It has also taught me patience because when your favorite setup does not appear, you can avoid entering a trade. Remember, jack of all trades, master of none.

What is your opinion about this?
There are many trading pairs in the crypto market, but not all of them are widely used and it depends on one's own trading strategy.  One can trade in Bitcoin pairs because he wants to increase the amount of Bitcoins.  One can use ETH pairs or USDT pairs.  But I always use USDT pair because it is a stable coin so profit calculation can be done well.  So other pairs I don't use much.  However, this does not mean that everyone will only use USDT pairs.