#note
Trading pairs: what are you really buying?
When you open a trade in a pair, for example, TON/USDT — you are not just buying TON. You are exchanging USDT for TON and back. Everything that happens is a balance between the two assets.
☝🏻 It is important to understand: a trading pair is always a ratio, not an absolute. If TON is rising — it doesn't mean it is rising against everything. It may be rising against USDT but falling against BTC. That is why knowledgeable traders look not only at the price in dollars but also compare the asset in multiple pairs.
Plus: different pairs mean different liquidity, spreads, and dynamics. The same movement can yield different results depending on the chosen pair.
