#Liquidity101
What is liquidity?: The ability to buy or sell an asset quickly and at a stable price.
Key characteristics:
1. Market depth
2. Tight bid-ask spreads
3. Low price impact
Importance:
1. Efficient trading
2. Reduced volatility
3. Increased market participation
Factors affecting liquidity:
1. Market demand
2. Number of market participants
3. Market volatility
Examples of liquid assets:
1. Major currencies (USD, EUR, JPY)
2. Large-cap stocks (Apple, Microsoft, Amazon)
3. Popular cryptocurrencies (Bitcoin, Ethereum)