Post
Topic
Board Trading Discussion
Merits 2 from 1 user
Re: Trade multiple trading pairs or only a few trading pairs?
by
irhact
on 18/07/2024, 23:20:02 UTC
⭐ Merited by Sonia_123 (2)
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?

All altcoins are almost the same therefore if you can master two altcoins, you can also be able of trading other altcoins. They all move in response to Bitcoin and other news that affects them either to make them pump or dump. If there are chances to make profit from another altcoins don't ignore that chance only as you want to monitor your two chosen altcoins or you'll be missing chances to make money. I don't have altcoins I kept for only monitoring them and not all tokens but I change the tokens I trade as the market changes. When there's a hype on this particular types of tokens, I'll start trading them and I make profits.