#Liquidity101 is essential for every trader but first we need to understand what it is and how it helps so buckle up!
liquidity is the case with which an asset can be bought or sold without causing significant change in its price,there fore, helping a trader to make smarter decisions and avoid loosing money due to wide price gaps or slippage because it helps a trader to measure how active and efficient the market is. liquidity is a backbone in the financial market for example in a liquid stock exchange they are many buyers and sellers at a given time so you can find buyers instantly and receive the price close to the market rate.
Just think of a busy warehouse where there are vendors and customers,if one vendor runs out of items another one is ready to supply them so the price will stay consistent because of the competition.
Guys let's get to trade, now that we have some knowledge about liquidity,let us learn from #Binance and be successful in our trading decisions , let's keep the crypto world booming. !!!!!