#Liquidity101 Do you know when you try to sell an altcoin and it seems like nobody wants to buy? Well, that’s a lack of liquidity, man. Liquidity is basically how easy and quick it is to convert an asset into cash without losing value. Like, Bitcoin is super liquid: there are always people buying and selling, the spread (difference between buying and selling) is small, and trading flows smoothly. But some ghost altcoins… you list them for sale and just stand there.

Now, think with me: liquidity is everything for those who trade. If the asset is illiquid, you might even have a good profit on paper, but you’ll struggle to realize it. That’s why, before getting into a coin, besides looking at the chart, take a look at the trading volume and the depth of the order book. Because good profit is profit that hits the account, not just something that looks good on the screen.