Chapter
Challenges of Illiquid Coins in Crypto Investment
29:02 - 31:20 (02:17)
Illiquid coins pose a great challenge to crypto investors as their value could rapidly fluctuate with even a little sale leading to a massive drop in price. This creates a precarious situation for those who invest in them as it is difficult to maintain their stability.
Clips
The market for illiquid cryptocurrencies is unstable due to the low volume of coins being traded.
29:02 - 31:20 (02:17)
Cryptocurrency
Summary
The market for illiquid cryptocurrencies is unstable due to the low volume of coins being traded. Even if someone owns a large amount of an illiquid coin, selling a fraction of it can potentially crash the price of the coin.