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Currencies (and other assets) benefit from liquidity: someone willing to buy it when you want to sell and to sell when you want to buy. It can be difficult to
by mellis 15y ago
Currencies (and other assets) benefit from liquidity: someone willing to buy it when you want to sell and to sell when you want to buy. It can be difficult to distinguish beneficial market-making activity (which still involves turning a profit) from harmful speculation, regardless of the way it's described by the person doing it.