📘 TradingPairs101: What's the deal with trading pairs?
Imagine the market like a party, every currency is looking for a partner to dance with! 💃🕺
Trading pairs (like BTC/USDT or ETH/BTC) are simply your way of knowing how much of the second currency (like USDT) you need to buy the first one (BTC).
But don't get things mixed up: not every pair is suitable for every dance (or trade)!
✅ Before you trade, ask yourself:
Is this pair liquid enough?
Do I understand the movement of both currencies?
Am I awake or asleep when making the decision? 😅
The idea?
Treat each pair like a relationship: you need to understand both sides, or else the ending... might be a bit painful.