Trade multiple trading pairs or only a few trading pairs?

[laubeaud]

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?

[bounceback]

I trade only few trading pair but prefer with much volume transaction regarding each pair have difference volume, usually in Binance have FUSDT pair but there are less transaction volume although get interested offer without paying fees trading than trade with USDT pair. For bitcoin pair seems interested but to know detail with how much profitable earn easily when using USDT pair for trading.
Last years when Binance still not delisting with BUSD pair its my pair trading only still huge transaction volume and we can't pay any fees yet for trading with large profitable earn with buy or sell without fees.

[bee]

What type of trading are you referring to? And do you mean done simultaneously?
Spot trading may be quite good, you have the opportunity to find varied profits. Futures trading is not good enough, there are more complex setups that have to be done at once. Also, it can be increasingly difficult for someone to manage risk even if they use several supporting automated tools/robots.

[SmartGold01]

Trading on multiple pairs depending on the kind of coin you are trading on because some of these coins does not really poses that quality to couple them together since it's the easiest way to lose one asset because you wouldn't have a total control of your asset in your account, most times when the other assets is decreasing tremendously you would only focused on the other side instead of to carefully study one to two trading pairs. If trading with multiple pairs could involved having multiple screen opened then it could be a bit easier to monitor them than just using a single screen.

[Mr. Magkaisa]

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?

              -   I have also tried to trade multiple pairs and can tell if it is difficult because I am not able to monitor the selected crypto trading activity every day. Because you will always depend on free time and capacity, which can also be done in reality.

So according to my experience, I can only do severa; pairs with monitoring are only in 3 pairs because I have other things to do that are also important, and I can only do that from 1 hour to 2 hours each day.

[akeemqaz]

Trading few pairs is better. Multiple pairs could lead to easier liquidation. And traders won't be able to follow the asset price movements as you've said. So the best idea is to trade one or two assets to avoid congestion and high risk of liquidation.

[electronicash]

i don't know if i have mastered a pair but its usually just BTC/USDT there is nothing else that people always want to trade bu the major pair.   there used to be lots of altcoins paired to BTC such as ETH/BTC, exchanges delisted some of them. but most of what we see today are just altcoins/usdt.

other markets though are just not volatile enough that you can buy and sell at short period off time. there is not much movement of price in them. but if you are fan of a token i guess you can just gradually buy every dip. i tried buying some VET/USDT again lately just for staking for me.

[ZAINmalik75]

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?

You are trading in two pairs only for a year  You must have a graduation degree in patience. No one could really control their emotions to that level. I also tried to do the same but when I was fed up with trading in the same account I started to search more and I realized that we cannot analyze and observe many coins at the same time for better opportunities. Therefore I began to keep an eye on signals groups which are free and good ones. I don't follow them just see the coin by myself they share in their groups that have a good entry point.

Trading in one or two pairs for a year must make a person a good trader and you must have conquered all the patience-related issues with these pairs. These pairs must be in the top 10 and must be good ones otherwise its not wise to trade in lesser coins because this will not help in minimizing the risk.

[Crwth]

I think it is most depending on your amount of capital because you could put more into some trading pairs that would probably give you higher returns if you have traded it at a certain time. This is also possible if you are trading the market continuously that’s why I use a trading bot And it is trading for me 24/7 so I don’t need to check it all the time. I prefer more trading pairs if I have more capital. It is dependent on what strategy I’m going to use.

[|MINER|]

Like many above I will say that for trading in multiple pairs initially you need to have a good amount of funds and then you need to have analysis skills and also have enough time to regularly check them. And if you don't have any of these things above, I would say that trading in multiple pairs will be very risky for you. I don't do much trading in multiple pairs as I don't have good skills myself.

[JISAN]

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?

Before selecting a trading pair you need to see how valuable the pair you will exchange your tokens with is. As we mostly use USDT pair because we know that USDT is very valuable stable coin you can cashout USDT anytime you want and you can easily trade with USDT. Because almost all coins are listed in this pair. Bitcoin, Ethereum these pairs are almost the same. So we use these pairs a lot. You will not get all the coins in that pair you see other pairs. For this we always use some limited pairs.

[kulkhan]

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?

Now market is very favourable for traders. Market huge moving being up and down. I think this situation is best for traders. sometime market being use of and sometime market Goose Down. in this situation is best for trading. but only one pair or two pair is not good for trading I think. I always chose good coin for trading. I choose to type of token or coin. One is for short time trade and one is for long time trade. End of the day I choose different types of fair.

[vegasus]

Yes, that will indeed give us better focus, especially because I'm not really a trading master, so it would be much more suitable for me to only focus on a few trading pairs, meaning only a few trading pairs. There is no need to put too much effort into following other people who may have different trading pairs every day. Yes, because they may be professional day traders, that is their ability to do multiple trades in a day.

However, for beginners, or for me personally, a few trading pairs are enough as long as we can optimize them well, that's also not in the future market, only in the Spot market and that also doesn't depend on trading results.

[bayu7adi]

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?

I also think it's a good choice, where when someone understands one of the coins they choose... then from there they can form valuable opportunities that can even provide opportunities to increase income. I myself always prefer to focus on small quantities in order to really understand them by analyzing them... it's true that it will take a long time, but it will be worth it when we can maximize its potential one day.

For analysis with more than 10 coins, of course the time will be divided into very little... and multi-tasking is not very suitable for me at the moment, who still considers trading as a side job.

[MrSpasybo]

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?

The number of trading pairs depends on the trader's habits and preferences. Tracking fewer pairs helps traders focus and analyze chart movements more specifically and in detail, while tracking many pairs allows traders to take advantage of more opportunities in the market. For example, if a trader invests in and tracks 10 pairs, then at any given time, he can at least detect 1 trading signal from 1 pair.

I myself usually only track BTCUSD to make decisions for my entire crypto portfolio. When BTCUSD reverses, I will take a common action for all crypto assets: start buying or start selling, because I believe BTCUSD is the most important indicator of this market.