đ #TradingPairs101 â Do you know what you are really trading? đ€
Spoiler: sometimes you are trading a banana for an orange and donât even realize it! đđ
đ What are trading pairs?
Itâs when you trade one currency for another (e.g., BTC/USDT).
But not every pair is the same â and this directly affects your profit!
đ Quick tips to avoid missteps:
· Always observe the pair â itâs not just âhow much it went upâ, itâs against which currency.
· Pairs with stablecoins (e.g., ETH/USDT) are great for measuring value in dollars.
· Pairs against BTC (e.g., LINK/BTC) show performance relative to the largest crypto in the market.
đ§ Understanding the right pair prevents wrong decisions â and makes you a sharper trader!
đŹ So, which pair do you trade the most? BTC/USDT? ETH/BTC? Comment below and letâs discuss! đ