Topic: Altcoins With Low Trading Volume? - page 2. (Read 19452 times)
No I don't think having a low trading volume is a bad thing. You know some of this altcoins that have high volume trade daily probably where not traded like that in past years. But as time went on and their project developed it attracted more people to trade them. Some of this altcoins that have low volume trading will probably are bound to do better in the future.
In my opinion, if you want to trade and get big profits, it is better to choose altcoin that has a high trading volume. because the higher the altcoin volume on the market, the higher the price and we will reap huge profits.
If the trading volume is low, it is very difficult to guess the moment to get rid of unpromising tokens. But to keep them long and hope for growth is also not the best solution. You'll probably lose.
Honestly yes, in my own experienced most of the time if the coin or token was traded in a low volume usually its price was dragging lower and lower. Since the holders are dumping it to make a money and leave to look another project. I was experienced it before in the ICO i was become a bag holder of a useless token. thats why for me volume is one of important aspect in a crypto coin. other than usecase and utilization.
I'm a core trader and I don't near altcoins with very low trading volume. I've never benefitted from such trade so I took a bow. Sometimes when the trading volume is low for a long time, the coin stands a chance to be delisted from exchange. For instance on kucoin, when you see ST against a coin with low volume, it means special treatment and stands a chance to be delisted at any moment, which will cause massive dump.
As a trader altcoins with low volume is really bad, since there's only limited supply and only people can buy and sell it... if only people can buy and sell it then the price won't change a bit or it would took some time for people to buy or to sell their funds and sometimes no one is buying from that coin and in result you will forever be holding that coin without any change of price.
If a coin has low trading volume then it means people are not investing in that coin hence it is not a good coin to buy. Those with high trading volume are high on demand hence investing in it is a good idea.
Is it very bad if a coin has a low daily trading volume? The known coins have at least 6 figures or more traded daily at the very minimum. And of course btc and the top 10 coins are traded in the millions and even billions daily.
If a coin has low trading volume, is that very bad?
If a coin has low trading volume, is that very bad?
Low daily trading volume mean low liquidity and i think its not good as investment. Investment should be liquid and there is always buy and sell activity in market. Every investor must be want invest on project with big liquidity and i think better invest on project with big daily transaction volume
Usually if altcoin has a very small daily volume, it is very bad, most likely due to the fact that few people are interested in this altcoin, but sometimes it happens vice versa, just all holders of this token wait for news from the company from which they have tokens to start trading with this token again.
Well, and that there are few volumes, it can behave if you look at the charts like top coins, but not so popular, and there are no numbers. Not scary.
This is why demand and supply comes at this situation,obviously the reason why is the lack of investment in the project so they cant get hig demand of investments so they can afford to list the altcoins in top exchangers,second is the quality of the project that investors will see first.So if the project cant get hig demand of investments and a lot of supplies left then the price is going low after listing the tokens.
In my opinion, a coin that has a low volume on the market is indeed bad because it shows that the coin does not have many users. most traders always use coins that already have a lot of volume and are not too risky.
Is it very bad if a coin has a low daily trading volume? The known coins have at least 6 figures or more traded daily at the very minimum. And of course btc and the top 10 coins are traded in the millions and even billions daily.
If a coin has low trading volume, is that very bad?
If a coin has low trading volume, is that very bad?
Not good definitely:) For several reasons:
1. There is no attention to project from people. That means the project is unpopular, low hype level, people dont want to buy it.
2. Low liquidity. If you want to buy a lot of that coin, you can pump it very much(or dump if sell).
3. Big exchanges can delist coins if there are no interest to them, low volumes etc. So investors can "stuck" in it for a long time.
Is it very bad if a coin has a low daily trading volume? The known coins have at least 6 figures or more traded daily at the very minimum. And of course btc and the top 10 coins are traded in the millions and even billions daily.
If a coin has low trading volume, is that very bad?
I don't think it's that bad because I have seen coins that have low trading volume and later on the volume increased as they started having demands. Some project during development might experience low trade volume because there is nothing to push the price If a coin has low trading volume, is that very bad?
Despite of low trading volume on altcoins, there is another fact that the dominance of bitcoin fell gradually. It discloses that capital flows switched gradually from bitcoin to altcoins. What does the capital flow switch mean? The crypto market might have another growth wave for altcoins, on massive scale. It's hard to say when it happens, because bitcoin will play important role on such altcoin massive growth. When bitcoin break the price at $9000, altcoins will move up, or if bitcoin can maintain its price stable above $8000, altcoins will move up.
What daily price is considered low for trading volume? WHat about medium? What about high?
Such coins are pretty dangerous, because you never know what stands behind it. In my opinion good trading volume is a sign that this coin is used by a lot of members of our crypto community. Trading volume is extremely important for a good coin.
Is it very bad if a coin has a low daily trading volume? The known coins have at least 6 figures or more traded daily at the very minimum. And of course btc and the top 10 coins are traded in the millions and even billions daily.
If a coin has low trading volume, is that very bad?
If a coin has low trading volume, is that very bad?
I think its bad or not wise decision when we decide to invest in low volume coin. Its very risky because the liquidity very low and cryptocurrency is very risky market. New coin can come and old could go. If we decide to invest on altcoin, better choose coin with big liquidity and always have daily transaction in market
yes too low volume is bad.
the best coins are the ones with low market cap and big volume..
GRIN is the best example.
the best coins are the ones with low market cap and big volume..
GRIN is the best example.
if it's been in the market for a long time but its trading volume is low means people aren't interested in that altcoin, it's better to avoid altcoin that have a low trading volume because there are so many altcoins that have a large volume of trading and have the potential to increase in value.
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