Why is MSRP lower than dealer price?
Could you please explain why the Manufacturer's Suggested Retail Price (MSRP) is often lower than the actual dealer price for a cryptocurrency or financial product? It seems counterintuitive that the recommended price by the manufacturer would be less than what you would pay at a dealership. Are there any specific factors or market dynamics that contribute to this discrepancy? I'd appreciate a comprehensive breakdown of the reasons behind this phenomenon.
What happens if you sell cryptocurrency at a lower price?
Could you elaborate on the implications of selling cryptocurrency at a lower price? Is it a wise decision in the long run? How does it affect one's portfolio? What are the potential risks involved? Are there any tax implications to consider? And finally, what strategies could one employ to minimize potential losses? As a cryptocurrency and finance professional, I'm interested in understanding the nuances of this decision-making process.