#TradingPairs101 How to choose a pair and not mess up?
Do you trade like a god or lose your deposit? Perhaps the issue is not with the strategy, but with the choice of pair.
Basic rules:
✔ Base asset – what you are buying (BTC, ETH, SOL...)
✔ Quoted asset – what you are buying with (USDT, BTC, BUSD...)
Why is this important?
▪ BTC/USDT and BTC/USD – these are different pairs with different liquidity and volatility
▪ Alt/BTC pairs can destroy your portfolio if BTC decides to plummet
▪ USDT pairs are usually more stable, but watch out for stablecoin rebounds
My life hack:
➡ Start with BTC/USDT or ETH/USDT – fewer surprises
➡ If you trade alts – watch the volumes, otherwise you'll crash to zero on the spread