Trade multiple trading pairs or only a few trading pairs?
Trade multiple trading pairs or only a few trading pairs?
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?
As long as you are able to control it very well for several pairs at a time, of course it is not a problem for you to do it like that because the aim of trading is to be able to get a lot of profit with a fairly short duration of time and also with capital sacrifices that are not large enough. So continue to master what you think is very good because you yourself know what is best for you without having to ask other people. However, seeking opinions from other people on any matter is not wrong because it can also open up more important insights for everyone.