to me this is how someone gets really wealthy you could trade usd all you want but think about trading btc pairs [Music] hi my name is sam price professional crypto trader also known as cryptolifer on youtube and a lot of people don't know what a btc pair is or how to trade a btc pair what is someone saying when they even call it a pair well pairs are when you put one asset next to another simply if you traded ethereum for bitcoin right you can actually do that you can buy eth then you can buy bitcoin for ethereum a lot of people don't realize unlike in stocks where you really have usd and you buy stocks in crypto you can buy different cryptos with different cryptos imagine if you could buy apple then you could take an apple stock and you could buy tesla stock with it that's very similar to crypto we can like i can use algorand to buy something i can use almost any crypto to buy another crypto now there aren't pairs everywhere but there's swaps and i can swap almost on decentralized exchanges so you can technically swap any crypto for another crypto at its fair value price you know find out what they are and you swap them back and forth you pay a fee on the exchange and you're ready to go so that's basically the basis of cryptocurrency so understanding bitcoin pairs is really understanding what we're all doing here back when i started in 2017 we you know trading crypto mainly we didn't have usdt you know it was out a little bit or it was starting to come out but it just wasn't prevalent and you didn't have a lot of pairs on the exchanges almost every exchange had only bitcoin pairs you had to buy bitcoin at a coin base or an onboarding you know where a place where you had your bank connected then you had to send the bitcoin over to the exchange that was how you did bit did business that was how you got into any single trade then i would trade and every time i got into a trade i have to look at i put zero one bitcoin bitcoins at 15 000. okay i put in 1500 bucks into the trade you know and i was like all right bitcoin's up now at 16 and i got out of the trade with 0.02 and like it was crazy i had to always take my gains out find out what i made in gains then i had to find out where bitcoin was and then sometimes i either had to sell back in to usd right to protect the gains i was doing this on bittrex bit t-rex was my first exchange that i ever really got my hands wet or my feet wet on i got my hands dirty on bitrex right so btc pairs right now here's egld bitcoin and i'm not saying this is guaranteed to go up and just because i show this does not mean you should buy it never buy something you see on youtube you should do your own research do your own due diligence before you get into any project coin or trade but look it this is an idea here it's a bit of a cup with a handle it's a falling wedge it's getting oversold in the form hour and it's lacking momentum on the macd and you're getting a bit of a you know you're bouncing at a resistance point and you're below 50 on the rsi if this breaks out from where it's at now and we go a little lower to the area here this will make about 14 gains so if you were to put a whole bitcoin in here you would make 0.14 bitcoin on that bitcoin okay a little over 10 percent you know for about a little a little over 10 on your bitcoin so you use bitcoin to gain more bitcoin so the idea is to buy bitcoin on the low like i've been doing during this last time 17 000 18 000 right and if it goes down to 10k buy more down there and then as the market rips and we find a bottom continuously trade btc pairs for more so a lot of btc pairs of going up and down we have a list right here for btc markets and this is going to show you every single bitcoin pair right like for instance right now flux is banging on bitcoin so you could have put bitcoin in to flux let's just say i don't know a week ago right as it goes up a little more here so one bitcoin right now would be one and a half bitcoins you would have made half a bitcoin which is the scarcest asset in the world so to trade a pair for another pair to me this is how someone gets really wealthy you could trade usd all you want but think about trading btc pairs watch this someone has us tether and they trade flux and they trade 10 grand to 100 grand and then they leave it there and they're like okay the same person takes 10 one bitcoin and turns it into let's just say 10 bitcoin they 10x it right and then they leave it there in a hard wallet for three years and bitcoin goes up another 10x they've just 10x that 10x you get it so bitcoin can compound gains like you've never thought but you got to think about it you got to think it through and realize what's going on you also have to trade it at the right time and you have to know how to get in and get it out of the btc pairs they're not easy you have to know what you're doing and it's not you know it i make it look a lot easier than it is you're gonna have to get an education you're gonna have to learn this stuff this is what i teach in my trading group this is what you learn from other people this is what you learn by immersing yourself in crypto and joining the right group of people become a lifer today for 99 dollars it's basically three bucks a day to have access to me dang near 24 7 i sleep for six to eight hours depending on the night and i'm here all the time i live stream every single day monday through friday 10 a.m to 12 p.m and saturday and sunday nights at 8 pm i'll teach you stuff like this nice and neat and complete and i can't wait to see you on my next live stream crypto is life [Music]