What is the best way to profit from trading only one cryptocurrency pair?

[LogitechMouse]

Hmm, even though I've replied here before but still, in my view multiple positions can help you to make efficient average returns but Levrage ahh its sucks bro, you should never fall into a greed trap with this high or low leverage emotions.

TBH if you can mention the pair specifically because you can adapt a good strategy for accumulation at different price tags, Like in meme coins the strategy can vary in comparison to a reliable pair.

As an investor that's been invested and lost 3 times already in Leverage trading, would you recommend to me trading in Spot Trading then compared to Leverage trading? I just need good words. Anyway, leverage trading sucks and when I mean it suck, I mean it sucks really bad. I lost too much money on it, and if I will be going back to trading once more, I will be focusing more on spot trading... or will I ever go back to trading again. Hmmm.
Anyway, as for OP's question, doing multiple trades on a daily basis is for me the best way to make profit if you want to focus on one pair alone, and for that to happen, you must trade on futures. High risk, high reward. Price are volatile = greater chance at making profits, and losing money as well. Your choice.

[Gurujebs]

Anyway, as for OP's question, doing multiple trades on a daily basis is for me the best way to make profit if you want to focus on one pair alone, and for that to happen, you must trade on futures. High risk, high reward. Price are volatile = greater chance at making profits, and losing money as well. Your choice.

Multiple pairs seems to be the best way to maximize profits but I think the time to trade matters too. An average trading pairs can move 5-10% a day and some crazy altcoins that are having hypes can make 2-10x of that daily if you are lucky. I think that is enough for a daily trader and if you can accumulate that, you should be okay with such profit for a month.

Trading futures can give you all the profit you desire in trading but if you are not expert and understand how to use leverage position and na age your risk ratio. You will burn the only capital you manage to start trading and this is why you should never start trading futures if you don't have the understanding of future trading, you will only be gambling with your money.

[taufik123]

-snip-
Anyway, as for OP's question, doing multiple trades on a daily basis is for me the best way to make profit if you want to focus on one pair alone, and for that to happen, you must trade on futures. High risk, high reward. Price are volatile = greater chance at making profits, and losing money as well. Your choice.

A high-risk option, but not for a beginner because futures trading is not for an experiment or for those who don't know how futures trading works.

There are more losses that occur when those who are beginners enter future trading. It is only for professionals who understand how crypto works and those who understand technical analysis.

I don't even do future trades, this is related to my weak mentality and not too happy to risk my money too high.
I prefer more relaxed spot trading and just need to hold when the price is falling or make a repurchase to accumulate holdings.

[dekafee79]

-snip-
Anyway, as for OP's question, doing multiple trades on a daily basis is for me the best way to make profit if you want to focus on one pair alone, and for that to happen, you must trade on futures. High risk, high reward. Price are volatile = greater chance at making profits, and losing money as well. Your choice.

A high-risk option, but not for a beginner because futures trading is not for an experiment or for those who don't know how futures trading works.

There are more losses that occur when those who are beginners enter future trading. It is only for professionals who understand how crypto works and those who understand technical analysis.

I don't even do future trades, this is related to my weak mentality and not too happy to risk my money too high.
I prefer more relaxed spot trading and just need to hold when the price is falling or make a repurchase to accumulate holdings.

I also choose spot trading because honestly I am not a professional trader and do not have a good mentality and analysis. So rather than suffering losses with future trading where I do not have the knowledge and experience there, I better choose another strategy, namely spot trading, which I am able to do.

[taufik123]

I also choose spot trading because honestly I am not a professional trader and do not have a good mentality and analysis. So rather than suffering losses with future trading where I do not have the knowledge and experience there, I better choose another strategy, namely spot trading, which I am able to do.

It is better than having to force yourself to trade in futures because you will risk losing more.
But now many beginners are entering futures because they are interested in the profits that seem easy to get by just guessing the price, even though they don't know what the effect will be for the mental and there will be no return when exposed to liquid.
Relying solely on guesswork and not using any analysis, it looks like gambling rather than trading.

[Crypto Library]

It is better than having to force yourself to trade in futures because you will risk losing more.
But now many beginners are entering futures because they are interested in the profits that seem easy to get by just guessing the price, even though they don't know what the effect will be for the mental and there will be no return when exposed to liquid.
Relying solely on guesswork and not using any analysis, it looks like gambling rather than trading.

I will agree with you and trading futures without good knowledge of trading analysis is totally stupid.
Also another interesting thing if I tell you that I have seen many people in my local area who consider trading as gambling and they invest in trading thinking it as such.  They don't know the need for analysis in trading I have noticed this in most of the newbies.  The way they are investing in trading or trading is definitely gambling because trading is not just investment, technical analysis fundamental analysis has a huge role here, I think most of them who do spot trading or futures trading without understanding these things are gambling.  is playing

[Ujok]

For a trader who trades only one cryptocurrency pair, how do you think he/she can profit from trading only that pair?
- opening multiple positions?
- or trading with high leverage?

(I know trading with low leverage and exercising patience can still be profitable, but that is not an answer I am expecting to see.)

trading with just one coin is better and you have to choose the right coin such as BTC, ETH, BNB, SOL and the top 100 on Coinmarket. However, we need a lot of capital to start trading these coins because the value is very high and the level of loss is not too big, even if you are smart in managing it by having a lot of experience or knowledge in trading, maybe you will get a profit every day.

[JISAN]

For a trader who trades only one cryptocurrency pair, how do you think he/she can profit from trading only that pair?
- opening multiple positions?
- or trading with high leverage?

Trading with high leverage is not any solution to get big benefits. because high leverage  is much risky. you can lost your total trading budget by using high leverage on trading. so your solution can be by opening multiple positions. When you use multiple positions, your investment average will reduce a lot of risk thereby saving you from big losses. But if you trade using high leverage then you may make big profits very quickly or make very big losses.  In terms of leverage, the standard leverage is a maximum of 3x

[Ricardo11]

I also choose spot trading because honestly I am not a professional trader and do not have a good mentality and analysis. So rather than suffering losses with future trading where I do not have the knowledge and experience there, I better choose another strategy, namely spot trading, which I am able to do.

It is better than having to force yourself to trade in futures because you will risk losing more.
But now many beginners are entering futures because they are interested in the profits that seem easy to get by just guessing the price, even though they don't know what the effect will be for the mental and there will be no return when exposed to liquid.
Relying solely on guesswork and not using any analysis, it looks like gambling rather than trading.

I also agree with you, when investing in the futures market many beginners invest only based on guesswork. They think that it will be easy to make profit from here, but they don't know that guessing the market price involves more risk, investing based on guesswork is based on luck and is tantamount to gambling. So it is important to invest with proper analysis, proper market research and proper strategy.

[Themepen]

Multiple pairs seems to be the best way to maximize profits but I think the time to trade matters too. An average trading pairs can move 5-10% a day and some crazy altcoins that are having hypes can make 2-10x of that daily if you are lucky. I think that is enough for a daily trader and if you can accumulate that, you should be okay with such profit for a month.

Trading futures can give you all the profit you desire in trading but if you are not expert and understand how to use leverage position and na age your risk ratio. You will burn the only capital you manage to start trading and this is why you should never start trading futures if you don't have the understanding of future trading, you will only be gambling with your money.

I think this opinion is right. Trading many pairs at once can make you more money but when you trade is also important. Even normal trades can make lot of money each day and some unusual coins can make even more if we are lucky. If we trade every day adding up these gains can give us good monthly profits.

But trading futures is risky if we do not know what we are doing. If we do not understand how to control our trades so we can lose lot of money. We need to learn and get experience before trading futures or we will be taking big risk with our money. Being careful and making smart decisions is crucial when trading.

[kulkhan]

For a trader who trades only one cryptocurrency pair, how do you think he/she can profit from trading only that pair?
- opening multiple positions?
- or trading with high leverage?

(I know trading with low leverage and exercising patience can still be profitable, but that is not an answer I am expecting to see.)

Cryptocurrency trading is very risky if we not huge knowledge about it. I think before start cryptocurrency trading need gather proper knowledge about it. Without proper knowledge anyone can't success or profit from cryptocurrency trading.

I i think when we saw up market then we can scalping and when we saw down market then we can follow DCA method. I think this is good method. I success several times by following this method.

[rizqillah]

For a trader who trades only one cryptocurrency pair, how do you think he/she can profit from trading only that pair?
- opening multiple positions?
- or trading with high leverage?

(I know trading with low leverage and exercising patience can still be profitable, but that is not an answer I am expecting to see.)

Cryptocurrency trading is very risky if we not huge knowledge about it. I think before start cryptocurrency trading need gather proper knowledge about it. Without proper knowledge anyone can't success or profit from cryptocurrency trading.

I i think when we saw up market then we can scalping and when we saw down market then we can follow DCA method. I think this is good method. I success several times by following this method.

Isn't it true that the high risk has a greater profit than the low risk, but the potential for loss is also greater. So trading is indeed high risk but we can get daily profits if we do daily trading. The risk of loss is also high because the crypto market is volatile and unpredictable.
The scalping method when the price goes up is indeed profitable, I also do it and buy when the market is down sometimes I also use DCA for the profits from trading.

[bayu7adi]

- opening multiple positions?
- or trading with high leverage?

Believe me, if you can master one pair in cryptocurrency, it will open up many opportunities to gain profit from the pair... you will truly understand its movement, including some of the impacts of news on the coins that you observe with high flying hours...

Using high leverage or opening many positions, everything will remain under your control when you truly master it.

[Vx1]

- opening multiple positions?
- or trading with high leverage?

Believe me, if you can master one pair in cryptocurrency, it will open up many opportunities to gain profit from the pair... you will truly understand its movement, including some of the impacts of news on the coins that you observe with high flying hours...

I agree and I often practice this method, not too many pair options in trading, just one but maximized.
If the cryptocurrency coin being traded is no longer potential, then the choice is to choose another coin but still in a single currency pair.

[kulkhan]

For a trader who trades only one cryptocurrency pair, how do you think he/she can profit from trading only that pair?
- opening multiple positions?
- or trading with high leverage?

(I know trading with low leverage and exercising patience can still be profitable, but that is not an answer I am expecting to see.)

Cryptocurrency trading is very risky if we not huge knowledge about it. I think before start cryptocurrency trading need gather proper knowledge about it. Without proper knowledge anyone can't success or profit from cryptocurrency trading.

I i think when we saw up market then we can scalping and when we saw down market then we can follow DCA method. I think this is good method. I success several times by following this method.

Isn't it true that the high risk has a greater profit than the low risk, but the potential for loss is also greater. So trading is indeed high risk but we can get daily profits if we do daily trading. The risk of loss is also high because the crypto market is volatile and unpredictable.
The scalping method when the price goes up is indeed profitable, I also do it and buy when the market is down sometimes I also use DCA for the profits from trading.

Yes you told perfect i also think that. I want to tell about future trade. But it was my missing to disclose properly. But still now i believe future future trade is risky. And i think in down market DCA os best method. If anyone follow DCA method properly, when market will up then it will be very profitable there has no doubt. I think you understand which i want to tell about risk. Thankyou.