Currency pair trading
@ Invest $1,000 in BTC and ETH
& Both go up in value
“ BTC + 20% ( $500 * 1.2 = $600)
- ETH + 10% ($ 500 * 1.1 = $550)
? $1,000 BTC & ETH = $1,150
@ $1,000 BTC * 1.2 = $ 1,200
What is currency pair?
You must trade a pair
Sell one to buy another
This is an exchange
BTC / USDT
ETH / USDT
BTC / ETH
$BTC $ETH $BNB #TrendingTopic #BTC #TradeNTell #Write2Earn #link
Currency pair trading ( BTC vs ETH)
- Which currency will outperform
- Bet on one currency vs another
- Not just an “ investment” in one coin
- When you buy a crypto with USD, GBP you are betting against those Fiat currencies
- This is the most basic strategy