Imagine that you are inside a supermarket... and everything is available, but when you come to pay, they tell you: "Sorry, the cashier has no change!"
This is exactly what happens when you trade in a currency that lacks 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 higher the liquidity, the easier the currency is to trade and the lower the risk
And the lower the liquidity... the trade becomes like trying to buy orange juice in the middle of the desert 🤦♂️
In simple terms: 🔹 High liquidity = you can enter and exit quickly
🔸 Low liquidity = you can enter... but getting out? Good luck with that
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 a comment... so we know whether to continue or sell at a loss 😅