Most crypto pairs move together with Bitcoin, so owning multiple coins doesn't actually diversify your portfolio. If Bitcoin crashes, all your positions crash too. Mix in traditional assets like EUR/USD, NASDAQ, and gold instead.
Charting 5 crypto pairs does not mean that you're looking at 5 different charts, because at the end of the day, if Bitcoin dumps, everything else tends to follow. So here's the 2 things this means for you. 1, never take multiple trades on crypto at the same time because you're ultimately just taking the same trade multiple times. Now, if you win, great, fantastic, but if you lose, you're going to lose way more than you initially expected. 2, if you find that you're not getting as many quality setups as you'd like, maybe it's time to diversify into traditional assets. EUR/USD, NASDAQ, gold, I could go on and on. The beautiful thing about them is that all of them move differently, which means you're likely going have 5 to 10 times the amount of setups compared to only looking at crypto because they're different, which is why I say
