Can someone please give me a list of the pros and cons of using new Bitcoin addresses for each transaction? It seems very inconvenient to use a new address each time.
2-3 addresses for me is enough already rather than having lots of new addresses because if you do such thing , theres a possibility that you would able to lose one of your wallets which is risky but you could always list it regarding on your wallets information so that theres no confusion when you need to log them in.
For me, I just need ony 2 addresses, one for usual business with everyone and the other kept privately for myself mostly for security reasons and privacy sake. But do not see any reason why people will be using too many wallet addresses, basically bitcoins offer pseudo anonymous, so no one will be able to track you even you use only one address.