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?
Master yourself or getting that familiarity on few pairs or simply talking about 2-3 pairs on maximum on which on the moment that you would really be focusing into those few points then you wouldnt really be doing too much work specially on trying out to monitoring entries and exits on which we know that the more pairs you are trading the more work that you would really be needing to do. Actually it would really be just that depending on how well you do manage your time and your finances or simply with the capital that you do have. On the moment or time that you do make yourself that deal up with multiple pairs then it would really be just that normal that you would be having that kind of stress and for sure you wont really be having that kind of well prepared or having that good monitoring of those coins, but actually it would really be just that depending on you.
For me then i would be focusing that much about on making trades on 1-2 pairs on which monitoring wont really be that so hard and could be able to execute analysis without any issues.
Loses are inevitable but having that kind of aggressive approach and desperation just because of having multiple positions would really be something stressing and could burn you out.