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What does “firm on price” mean?

Whether you’re a seasoned negotiator or a newcomer to the world of business deals, this article will provide you with valuable insights on how to navigate this tricky scenario. When a seller is “firm on price”, it means that the seller is not willing to accept any lower offers than the listed price for an item.

Is “firm on price” a bad thing?

“Firm on price” is not necessarily a bad thing for buyers. If the price is already fair and the buyer is willing to pay it, then there is no need for negotiation. However, if the buyer feels that the price is too high, then “firm on price” can be a disadvantage.

Why should you be firm on price?

When you are firm on price, you are less likely to be taken advantage of by buyers who try to lowball you. By being firm on price, you also send a message that you are confident in the value of your product or service. This can help to attract higher-quality buyers who are willing to pay your asking price.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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