#Liquidity101
Absolutely! Let’s dive into the basics of Liquidity with a quick and clear breakdown.
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💧 #Liquidity101
Liquidity refers to how easily and quickly an asset can be bought or sold without affecting its price significantly.
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🔹 Types of Liquidity
1. Market Liquidity
Definition: The ease of trading an asset (like stocks, crypto, forex) at stable prices.
High liquidity: Tight bid-ask spreads, fast order execution, low slippage.
Example: Apple stock (AAPL), BTC/USD.
Low liquidity: Wide spreads, hard to find buyers/sellers, more price impact.
Example: Penny stocks, obscure altcoins.
2. Asset Liquidity
Definition: How quickly an asset can be converted to cash.
Highly liquid assets: Cash, stocks, ETFs.
Illiquid assets: Real estate, collectibles, private equity.
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🔹 Key Liquidity Terms
Bid-Ask Spread:
Difference between the highest price a buyer will pay (bid) and the lowest price a seller will accept (ask).
Smaller spread = higher liquidity.
Slippage:
The difference between the expected price of a trade and the price at which it actually executes.
Happens often in low-liquidity markets.
Depth of Market (DOM):
Shows how many buy/sell orders are waiting