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Topic: Does it have volume ? - page 2. (Read 845 times)

member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
May 02, 2020, 03:41:23 PM
You are right and i always check how many buy orders are there and how big they are, volumes and liquidity are 2 major factors that can predict future price pattern as well also if some coin has low or no volume and buyers it is definitely not a coin to hold or trade.
full member
Activity: 756
Merit: 107
May 02, 2020, 03:35:27 PM
volume is very important to keep prices more stable, look at the coins that are in the top rank of the coinmarketcap,
and see the price is more stable and better than coins that have low volume, but low volume can also have a positive effect, which is easy to manipulate prices
therefore avoid a coin or token that has a low volume and if possible avoid coinmarketcap too because I think if we do volume research there it will be a little difficult because there is too much manipulation on shit exchange and it is better to use another crypto monitoring site.
member
Activity: 1078
Merit: 21
COMBONetworkio
May 02, 2020, 02:26:25 PM
volume is very important to keep prices more stable, look at the coins that are in the top rank of the coinmarketcap,
and see the price is more stable and better than coins that have low volume, but low volume can also have a positive effect, which is easy to manipulate prices
sr. member
Activity: 644
Merit: 260
May 02, 2020, 01:44:25 PM
Sometimes I wonder why some shitcoins pump hard up to 1000% with low trading volumes below 10k$. It looks more like the team pumping with bot action and then dump on greedy traders who will place huge buy orders. We just need to be careful not to fall prey to such and also build a good trading strategy that works for you. Never jump on pumps or reget why you missed out. I really appreciate the points made by OP, atleast newbie traders will learn.
hero member
Activity: 812
Merit: 503
May 02, 2020, 01:30:53 PM
Sometimes, as a trader or an investor. you wonder why you miss out on tokens that does 400-6000 % increase.

You will also wonder how it missed your grasp, but do you bother to check if it has volume ?
Do you bother to check if it has buyers ? Do you further find out, if it a true pump ?

Be patient, and figure out your research functions well.

I hope i was able to present my views. do correct and suggest further opinions too

Your views are valid. A friend mentioned a coin to me some days back, saying he wants to buy because its pumping. I laughed hard after asking him if the major reason why he wants to buy was because of the mad pump, he said yes. After reviewing the coin, it was trading on a shitty exchange with only 72$ as volume, this is a trap for the gullible. We just need to be careful in making trading decisions.
jr. member
Activity: 80
Merit: 1
May 02, 2020, 01:08:13 PM
There are more than 3000 coins in the market and it is not possible to monitor or invest in all coins or tokens at a time. It's better to focus on the coins we have and if we are able to trade to maximize profits. So to be honest, I recommend to conduct save  trading activities. If you will buy some token on over price then according to buy rate price will show big increase to gain some benefits .               
member
Activity: 129
Merit: 10
May 02, 2020, 07:21:42 AM
It is important to always follow a policy where there is no opportunity for fraudsters of any kind. I say this because if an investor is interested in investing a portion of his assets then he must understand that he loves the business, but that does not mean that the investor is interested in the coin pump. So I would say that you are more likely to pump coins and think about them more broadly. Thanks
jr. member
Activity: 42
Merit: 3
May 01, 2020, 07:58:08 AM
Volume is very important when it comes to cryptocurrency trading. Coins with high trade volume seems to have more better reliable price than those with low trade volume. Again, coins with really low trade volume are mostly scam coins or eventually turns out to be shit coins.
If I see a coin rising by the rate you said 40-60x , then honestly, I wouldn't regret at all if I didn't invest on those coins. That is some clear sign of manipulation taking place. I would instead be glad I didnt invest, since I am pretty much sure I wouldn't be able to sell the coins back later.
full member
Activity: 1218
Merit: 116
May 01, 2020, 06:19:29 AM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
That's right, the top Altcoin has real volume as it is and is not fake like the new Altcoin on the market, so now many new projects are difficult to succeed because investors have more confidence in the old Altcoin than the new Token project.
I simply can't believe there are so many people hodling on ripple for instance.
it has almost zero usage and is not profitable at all, so I guess it fakes volume to retain its users

You need to understand that there are several reasons why people hodl; and it is usually tagged or pegged to a spectacular reason.
Hence the need to hodl.

Instead of wondering why people hodl, why not find out why ?
You could find a gem while researching and learning.

Moreover; we all have special reasons to hodl, so just dyor.
jr. member
Activity: 252
Merit: 1
April 30, 2020, 11:51:54 PM
trading volumes at crypto exchanges serve two purposes. First, they help avoid slippage or drastic price movement in a cryptocurrency’s price upon a significant sale. Second, they are testaments to the trustworthiness of a cryptocurrency platform and indicators of user trust. Trading volumes are also important indicators of price movement: an increase in trading volume is generally considered a precursor to a big price move.

though some time volume are not necessary to be concentrated upon because they are fabricated by some buffer who claim to be investor they invest and they later withdraw and later come back to square one. but it can be consider is some cases
member
Activity: 326
Merit: 13
April 30, 2020, 03:59:30 PM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
That's right, the top Altcoin has real volume as it is and is not fake like the new Altcoin on the market, so now many new projects are difficult to succeed because investors have more confidence in the old Altcoin than the new Token project.
I simply can't believe there are so many people hodling on ripple for instance.
it has almost zero usage and is not profitable at all, so I guess it fakes volume to retain its users
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
April 30, 2020, 03:24:40 PM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
That's right, the top Altcoin has real volume as it is and is not fake like the new Altcoin on the market, so now many new projects are difficult to succeed because investors have more confidence in the old Altcoin than the new Token project.
Altcoins no longer have as much trust as they once were. I myself believe only in the TOP 10 coins and I think that Bitcoin will not lose its level of domination below 60%.

i would not say that i believe only in top 10, because there are in top 10 coins that i do not trust, but also there are tokens that i trust below position 400 on CMC, i am following development, news and similar, and look at projects that offer usable and viable products on the market, relaying only on top 10 is not good from any points, and most important is the way this list is made, based on coins in circulation, and not relaying on total supply of coins
hero member
Activity: 938
Merit: 500
https://youengine.io/
April 30, 2020, 02:20:02 PM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
That's right, the top Altcoin has real volume as it is and is not fake like the new Altcoin on the market, so now many new projects are difficult to succeed because investors have more confidence in the old Altcoin than the new Token project.
Altcoins no longer have as much trust as they once were. I myself believe only in the TOP 10 coins and I think that Bitcoin will not lose its level of domination below 60%.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
April 30, 2020, 01:43:54 PM
No, you are not wrong, You are absolutely true. Because I noticed it many times and I am sure it is very easy to manipulate the CMC volume, this is why shit projects holding better place than good ones! If you buy a shit coin at a high price, CMC will show 600-1400% gain but you should always check the volume before smile! I thought after Binance acquisition CMC will be changed, but I was wrong!
sr. member
Activity: 2268
Merit: 263
April 30, 2020, 11:29:37 AM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
That's right, the top Altcoin has real volume as it is and is not fake like the new Altcoin on the market, so now many new projects are difficult to succeed because investors have more confidence in the old Altcoin than the new Token project.
full member
Activity: 646
Merit: 100
tozex.io
April 29, 2020, 01:12:16 PM
You hit the nail on the head,this is obviously true if you follow some coins that have done greater percentage,you find out that there isn't any volume , perhaps those manipulation coming from the team,or you see them using bot ,so before any one jumps into a coin,do your own research.
full member
Activity: 1218
Merit: 116
April 29, 2020, 11:34:48 AM
Because if you want to be rich overnight, then it is advisable to have a balanced and prudent proportional rate.

Truth is, if you have the best balanced and proportional rate, but with the mentality that crypto currency is a get rich scheme where you get rich over night; then you are in for rekts severally.

You need to understand that crypto can indeed fetch you so many profits, but not overnight; there are thorough process, researches, training's, and self restraint that has to be put in place.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 29, 2020, 11:19:52 AM
Coins that go up so high don't usually last long, usually only for pump and dump systems. I have seen this case
increase and then fall in several consecutive 2 day coins and there has been no price movement at all for almost
3 months and afterwards experience the same thing when the first pump occurs.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
April 29, 2020, 10:30:48 AM
in fact, traders who are used to trading every day do not really care, they are only looking for profit from the rise / fall of the prices of these currencies.
I don't want to try, but coins like these that have risen and fallen a lot won't last long.
only pumping and unloading schemes for profit.
member
Activity: 490
Merit: 19
April 29, 2020, 09:58:37 AM
Fake volume are no doubt very popular in crypto space today and many investors don't bother to check this critical part when doing research on projects, this is why the most recommendable coins and tokens are top altcoins
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