Liquidity: Why is it important?
Liquidity = easy to buy/sell an asset QUICKLY and at a FAIR price.
Low? → Risk of slippage (execution worse than price) and poor execution.
How to check:
1. 🔍 Volumes (the higher, the better).
2. ↔️ Bid/Ask Spread (the narrower, the better).
Tip: Use limit orders!#Liquidity101