Quote from: Silberman on July 15, 2024, 11:12:42 PM

Quote from: laubeaud on July 14, 2024, 11:54:22 AM

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?

If you are only starting out as a trader, I would be even more conservative and trade only one pair, the BTC/ETH or the BTC/USDT pair, and only once you have shown yourself you have the ability to make money in one of those pairs then you can pick a few more, with five being the maximum I would recommend to any trader, as anything more than that and it will become incredibly difficult to monitor so many markets at the same time.

focusing on one or two types of crypto pairs that you trade will be better and more profitable, this will minimize losses when trading, I would better prioritize BTC/ETH. because we are not required to be clever in all types of currency on the market, because we are pursuing profit, only after that do we master these two types of currency, where we can learn about other types of currency that we will trade, gradually in each Learning does not rule out the possibility that the percentage of profits will be much higher than the losses you experience. the best teacher is experience