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?
Truly trading two crypto pairs would result to consistent profits provided that the trading strategy is a working one, though losses are inevitable, for instance trading BTCUSD and ETHUSD is most ideal because both pairs show similarities in their Price Action, infact some traders utilized (smt) that is divergence between the pair to enter a trade which serve as confluence and it obvious price history repeat itself thus capitalizing on that aspect would yield consistent profit and few quality A+ trades is far better than trading many times without waiting for all the conditions to be met this is where patience is important failure to patiently wait would result to losses.