#TradingPairs101 How to use the diversity of trading pairs to your profit?
Let's analyze it with my example. You know that I have SOL, purchased at $200. 🤷🏻♀️
Selling it now for $155, or even $170 - this is a loss. So, it just sits in my staking. But the percentage is not high, up to 3% maximum.
With the help of trading pairs, you can do more. So:
1. Choose a trading pair SOL/token where SOL is weakening. That is, 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, buy SOL at a lower price
Result: we increased the amount of SOL without going into USD.