Liquidity of CryptoThink about it - the Bitcoin system is capped at 21 million coins. Currently, there are roughly 18 million or so Bitcoin in circulation. What does that all mean? Lots. There is a lot of speculation about what will happen to the value when the 21 million-Bitcoin limit is reached, however this won’t happen until around the year 2140.In general, the US stock market is very liquid. You can quickly sell most stocks, bonds, or mutual fund shares at the going rate without concern. There’s always someone willing to buy from you or sell to you, provided the price is right.Selling crypto online: There are websites that offer direct trades. A few examples include Coinbase, Binance, and BitBargain. Most direct trade sites require you to register as a seller. This means you have to reveal your identity. The website will post your wish to sell your cryptos and buyers can accept your offer. Exchange trades are another way to sell your cryptos online. You’ll still have to identify yourself, but exchange trades require less work on your part. You list the number of cryptos you wish to sell and your desired price. When someone else places a purchase order that matches your requirements, the exchange will complete the transaction.How You Can Get StartedNow that you know how to purchase and sell cryptos, you may wonder how to get started. There’s little to be done once you have the software on your electronic device. The software is referred to as a wallet.Get started with crypto in just a few minutes: Create a crypto wallet. There is a variety of wallets available for different platforms: mobile, web, and desktop. Different wallets have different features. Be certain to understand the features and choose your wallet wisely. Secure your wallet. It’s important to back up your wallet regularly. Remember, if the file is lost, your cryptos are lost forever, too. Encrypt your wallet. Encryption ensures that no one can use your wallet without knowing the password, including you. Use a password that you can remember.
