BusinessOver the past five years, new DAO experiments and models have flourished, garnering attention for their voting processes. If Web3 is to become a user-owned internet, DAOs will be the organisational fundamental through which that ownership is distributed. With over 13,000 active DAOs globally in 2026, up from just a few hundred in 2021, the space has matured considerably.
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17.07.2019
Choosing cryptocurrency pairs for trading
Speaking about the choice of pairs for trading, let’s remember Coinmarketcap again with its 2,000 cryptocurrencies. Such a large number of currencies cannot be traded, so we will choose the most promising pairs. There are several secrets for the right choice:
Choose pairs where there is a fiat currency or a stablecoin. Their courseis relatively stable and it will be easier to analyse the situation. Most often, beginners choose the BTC/USD and ETH/USDT pairs.
The selected currency pair should be traded frequently and actively so that it can be bought or sold at any time. Thus, the trader will not lose time in adverse conditions and will make an instant transaction.
Big players do not seriously affect the value of popular currencies. Things are worse for altcoins with a limited supply. Therefore, it is better to focus on the presence of a large amount of demand, because such currencies are more resistant to whales.
Of course, do not forget the main rules of trading and be aware of the risks. To begin with, it is not recommended to invest large amounts, the loss of which you will regret.
Earlier we wrote: Choosing a cryptocurrency exchange for trading
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