#Liquidity101
*Liquidity 101:*
*What is Liquidity?*
Liquidity refers to how easily an asset can be bought or sold without affecting its price.
*Key Points:*
1. *High Liquidity:* Assets can be quickly bought/sold with minimal price impact (e.g., major currencies, large-cap stocks).
2. *Low Liquidity:* Assets may take time to buy/sell, or significantly impact prices (e.g., small-cap stocks, certain cryptocurrencies).
*Why is Liquidity Important?*
1. *Price Stability:* Liquid markets tend to have more stable prices.
2. *Trading Ease:* Easy to enter/exit positions.
3. *Risk Management:* Important for managing risk, especially during market volatility.