#TradingPairs101

How to use the diversity of trading pairs for profit?

Let's analyze this with my example. You know I have SOL, purchased at $200. 🤷🏻‍♀️

Selling it now at $155, or even at $170 - would be a loss. So it’s just sitting in my staking. But the interest there is not high, up to 3% maximum.

With trading pairs, you can do better. So:

1. Choose a trading pair SOL/token, where SOL is weakening. This means the trend on the chart will be downward.

2. Sell SOL at some peak (yes, you still need to draw lines and trends)

3. Wait for the price to drop, then buy SOL at a lower price

Result: we increased the amount of SOL without converting to USD.

Which pair to choose:

- calculate and analyze the chart, choose downward trends.

- look at pairs with BTC, usually when Bitcoin drops, altcoins drop more in percentage terms. Moreover, if you make a mistake - you will have BTC, not an 'unknown token with unclear actions'.

- theoretically, you can use the same pair SOL/USDT - if the price is falling. I did that, but I do not recommend it. If you make a mistake - there is a risk of being left with USDT. And it, unlike BTC, will not grow

I await your assessment or suggestions, is this a good method?