Imagine with me that you are inside a supermarket... and everything is available, but when you go to pay, they tell you: "Sorry, the cashier has no change!"
This is exactly what happens when you trade in a currency that has no liquidity 😅
Liquidity = the ability to buy and sell quickly without the price fluctuating against you like a teacher's mood on the first day of school 👨🏫📉
The more liquidity there is, the easier it is to trade the currency and the lower the risk
And the less liquidity there is... the trade becomes like trying to buy orange juice in the middle of the desert 🤦♂️
So simply put: 🔹 High liquidity = you can enter and exit quickly
🔸 Low liquidity = you can enter... but exiting? Good luck
Follow me and let's dive together into the sea of crypto... but with high liquidity 😎
And if you laughed or benefited, give us a like or comment... so we know whether to continue or sell at a loss 😅