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RE: Bitcoin has risen so much, but can it really be sold?

in SteemitCryptoAcademy4 years ago

Whether it can be sold is not determined by the price, but by the liquidity. Suppose you want to sell 100 million worth of cryptocurrency. If the daily transaction volume is 10 billion, you will be sold at this billion. But if the transaction volume is only 1 million, then 100 million will have to be sold for a year. Therefore, when investors choose an encrypted asset exchange, they will consider the liquidity of the exchange. For example, Coinbase, ZB.com, Huobi, and Bitmex all have very good liquidity, and liquidity is also an important factor in judging the scale of an exchange.

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