Liquidity's key when trading. It's like a pool of water - shallow pool, easy to make a splash. Deep pool, minimal impact. I've got 10 units of an asset, market's got 100 units, I'm a small part. But if market's only got 10 units, I'm a big part. That affects how easily I can buy or sell. Hedging helps too. I've got 50% of my portfolio in $BTC, hedge the other 50%, I reduce my risk. IT'S NOT A GUARANTEE, but it helps. Don't get me wrong, 50% is a lot to hedge. #Liquidity #RiskManagement #Hedging