Links Understood help!

I just need a seemingly simple question answered. Can you explain to me the difference between both of these links. Why are some links put on some websites with just plain hypertext on a page that has it enabled? And the other links that you have to copy and paste HTML code in your "page source" ? I know it seems silly but i dont know the answer.

No love? If I had a heart, I'd feel this one! lol

I think it's because I don't really understand the question
Some sites will let you paste a link with anchor text in the source html like this because the wysiwyg editor won't allow the anchor text to be selected and a button pressed so the following code needs to be added.


However some sites / article directories won't let you have a link with anchor text so your left with a bare link like this


Still a link but not as targeted because no anchor text.

If that hasn't helped please clarify the question