Silver has been my top coin since March

I've been trading bitcoin, solana, gold, and silver for a few weeks now. From what I’ve seen, silver has aligned best with my predictions, with bitcoin and gold trailing behind. Solana, on the other hand, has been my worst performer, probably due to the bear market or something else. I’m talking about the derivative versions of gold and silver that we can trade on crypto exchanges. Since I started trading silver back in March, I haven't faced a single loss, while my biggest losses have been with solana. Does anyone else have a coin that seems to be more profitable compared to others? Also, I’m still trying to figure out silver since it dropped quite a bit recently, and I began trading it after it hit that $65 mark. I sometimes short it, but I usually prefer to go long.

I haven't traded out of crypto yet but am wondering to try something due to the current bear market. On Solana I have invested heavily but haven't got anything expected. It does pump once at a time but seems to have never tried to reach that level again. Still, I have been holding Solana in my hardware wallet. Let's see how everything goes. I have noticed Binance and Bybit have added gold, but these are tokens from companies. At the beginning I thought it might be a scam, but it seems traders are trading that. I don't want to sell my Solana at a loss; I will hold till the bull market. I haven't any idea about silver yet. Following gold from the couple of days but never bothering to trade. I am afraid to trade during this bear but bought some LTC in this bear market. Let's see if that gives me some profits in a bull market. I intend to hold it longer.

The most common among them are PAXG and XAUT. Paxos Trust Company has PAXG and it is called Paxos Gold while Tether has XAUT which is just like USDT but they use gold reserves to backed their gold. I mean both Paxos Even before something called RAW that both are now classified under, they have been existing since a long time ago before that time. PAXG was the oldest among the two.

You know, OP, that the market of precious metals is different than crypto. In crypto, it's mostly unpredictable, knowing that there are a lot of people trading it and probably depending on it every day. There's really no linear direction for crypto IMO. It's good that you were profitable with it. Personally, I still have to analyze what asset has become consistent with me; mostly, it's the short-term trades that I have.

I stopped trading Solana too because it gave me so much lose early last year meanwhile when I started trading the pair for the first time, my first few trades was successful a but along the line, I had loses on Solana pair and even busted my account, same thing happened to me with one altcoin too before I finally decided to focus only on XRP and Bitcoin. XRP is that coin that always give me more straight trades. Last month I took only 6 trade out of which, I lost just 2 trades but Solana got me busted the most. I heard that gold has also been a nice asset to trade for some months now, it's been giving clean structure.

Solana is tricky like that, it lures you in with a few good trades then humbles you fast. XRP making sense for you is interesting though, it tends to follow a cleaner structure compared to most altcoins so I can see why it works. Gold has honestly been the standout for me these past months, the structure is just more readable. Silver I'm still cautious about but OP's experience with it is making me want to look closer at it.

Although this is a little different from the Solana that I usually know, in fact Solana coins are actually one pair that I love trading and it’s reason is because it follows the bitcoin trend more, bitcoin is top of my ranking for trading and then Solana for crypto pairs because of trend, I usually use bitcoin direction as confluence for my solana thread and that’s why I trade it most often. But I most warn that it’s very volatile most at times, in fact in a predominantly bearish market I usually stay away from longing the Solana pair, most of the win trades are usually shorting of the coin which still aligns with bitcoin trend. Crypto coins except bitcoin are usually more volatile than this precious metals that’s why until date i usually think crypto trading is actually harder to gain profit from than even forex trading. I haven’t looked any of the two precious metals I think this thread by OP is just a reminder with the way crypto market is looking at the moment

From my point if view after reading and having an understanding of what you said, it seems you use the strategy of buying silver at a cheap rate, but you tried it with Sol and it failed simply because Sol is currently in a downtrend right now as precious metals are more stable if I must say. I always prefer to trade Eth instead of Sol and if I must trade BTC, I don't overdo it because I must hold some because I know how much value it has mostly with current trends surrounding it. Both coins are a good consideration if you are looking for the long and precious metals mostly silver is a good market still.

Traded gold quite a few times, not exactly PAXG but XAUUSDT pair in the binance future USD market so it's only price exposure and not real world asset. I must say it's worth looking into if you are interested in future gold market. Honestly feels a lot more easier to get profit in the because the sentiment is still pretty bullish so whenever the price dumped, it recovers back. What I need to do is literally just buy the dip sell few days later.

As a trader, I really don't know which pair I should trade, what most of my main bases is the trading volume. Because it will convince me that there will be more liquidity on that, trading volume is high, and I can see a lot of movements. Second is the chart patterns, especially for higher timeframes.

For as long the main goal for trading is to make profits, it doesn't matter what asset it's you're trading and making the profits. I've also seen some beginners who're just coming into bitcoin trading market recently who're also biased with those trading other assets that's not the same they're trading. It's also good to have such diverse skills of trading multiple assets because when your major trading asset as usually bitcoin is not being favourable in quiet sometimes despites all strategies applied, switching to other markets may cover your profits for the day it there's where your luck lies for that day. But I don't trade silver neither gold.