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Topic: Does Trading Volume really matter ? (Read 940 times)

member
Activity: 322
Merit: 10
January 31, 2023, 08:36:45 AM
#92
trading volume can give an indication of the level of activity and interest in a particular project, as well as its liquidity, but it is not the only factor to consider when evaluating a project. For example, a project with high trading volume may also have a high level of volatility, making it more risky. On the other hand, a project with low trading volume may indicate a lack of interest, which may not be attractive to potential investors.

    TVL is a better indicator of the overall health and adoption of a DeFi protocol, as it reflects the amount of assets being held and utilized within the ecosystem. This can provide a sense of the project's popularity and the level of trust being placed in it.

as for the differences in trading volume and TVL between projects, there could be many factors to consider, such as the project's focus, marketing efforts, competition, and overall investor sentiment.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
December 08, 2022, 08:27:36 PM
#91
    Volume is really important in trading, because this is where you can see if an exchange is good to use or not, even with the altcoins you want to trade, volume is also important because this is where we will know if there are people who trust the this coin

Here you will also know how many buyers and sellers there are so that you will not hesitate in your trading activity. Because, if you see that there are only sellers in a crypto coin and you don't see any buyers, there is no reason for you to buy that coin, that's the logic I see here.
sr. member
Activity: 2030
Merit: 356
December 08, 2022, 06:45:54 PM
#90
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

For professional traders, trading volume matters a lot. The reason for this is that technical analysis works best in coins that have more trading volume as compared to coins with less trading volume.

If a coin has less trading volume, it can easily be manipulated by the whales and it can have a sudden pump or dump that is hard to predict and hence traders usually lose money in those low volume coins.
hero member
Activity: 2072
Merit: 656
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 08, 2022, 05:51:48 PM
#89
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ?
Trading voume becomes one of the market indicators to analyze when doing trading or investment activities.This is to measure the volume of the coin or token traded. Higher the trading volume means high activity on the coin or token. This is one of the important eleemnts to analize if you wnat to search that the coin or token is actually profitbale of rtarding o rnot. We cna alos see the market activities from the trading vlume. Moroever, in the market, we can also measure their volume in certain particular periods, so we can see and analyze in which time certain coins or tokens are tradable highly.

The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
You could say like this, because after all trading volume is one of the factors that the project managed to enter and develop on the exchange or was stuck and failed. Because, the more trading activities, the better the development. Even though there will certainly be many obstacles and challenges to be faced, if you can survive and have a significant increase in trading volume, then it is also worth thinking about. However, sometimes it's easy to get stuck because there are several exchanges that might be able to manipulate the trading volume itself. therefore, always be vigilant in investing and trading anything.
hero member
Activity: 2982
Merit: 610
December 08, 2022, 04:08:29 PM
#88
As for me, the trading volume is one of the basis that investors and traders are checking on to see the potential and activeness of a project. It's hard to rely on a coin without any trading volume because that simply means that people don't have much interest in it. Coins with higher volume have a better possibility to stay active in the long run and would be profitable for traders since it has a better trading number. It will also show up the better potential of a project if it's listed on a big exchange.
Some developers and trading exchanges had faked their volume in order to gain attraction which is one reason why many traders don't just rely on it. But just like you, I see how important it was and trading volume means a lot to traders as this will tells us that this coin has a good market history and people continue trading. But of course, it is also important for us to check the background of the project and so the exchanges where it was listed just to assure that we are putting our money to safety (at least), not in a scam exchange.
hero member
Activity: 1820
Merit: 537
December 08, 2022, 03:56:08 PM
#87
As for me, the trading volume is one of the basis that investors and traders are checking on to see the potential and activeness of a project. It's hard to rely on a coin without any trading volume because that simply means that people don't have much interest in it. Coins with higher volume have a better possibility to stay active in the long run and would be profitable for traders since it has a better trading number. It will also show up the better potential of a project if it's listed on a big exchange.
legendary
Activity: 2660
Merit: 1074
December 08, 2022, 03:19:24 PM
#86
Trading volume means how much an asset is traded on an exchange so if the numbers are high then more people are buying and selling and when its low not much people interested in it. For day trading it matters more because to make profit at the right time it is important to have enough volume for their trades.

However trading volume can be faked easily with fake trade orders by the exchange itself and it's a common practice done by almost all the exchange to hype the project for short term and its called wash trading so don't make investment based on trading volume alone.
A shady exchange can fake volume but on a non shady exchange I think the one that can fake volume are the project owners but a decent exchange should detect this kind of activity and delist the coin immediately because people can lose money with it and people can complain on why this kind of activity is allowed on a reputable exchange.

For an established cryptos, it's already given that their volumes are high and we do not need to question it anymore but only those who are still new to us. We need to investigate further if the volumes that they are getting are legit. In conclusion, volume does really matter in trading but we shouldn't disregard other factors as well.
jr. member
Activity: 322
Merit: 1
Bitcoin the future of finance
December 08, 2022, 02:57:08 PM
#85
Just imagine OP if you are trading in a coin that has zero trade volume, you will certainly be thinking who buys my coins when I sell them? Nothing, it means it is very important in trading and such activities will encourage traders to join the party. In fact, this is one way to recognize that a particular project is worth to risk and we know that having this will give us profit.

But of course, this won't just be a factor to consider if the project is really working or not, we also have to consider the exchanger because there are some mystery happens in crypto, fake volume.
Very good explanation ,
Trading Volume matters because it ensures that the potential of public demand of buying and selling and crypto or stock, I advise everyone to only invest your major funds in liquid market where you easily sell your investment ,
Also choosing high volume trading platform / broker is reduce your chances of investing in scam project.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 08, 2022, 11:22:58 AM
#84
The higher the marketcap, the logical higher the exchanging volume can be...

This will be true only if the coin is listed on large centralized and decentralized exchanges. But if the coin is traded only on one site, it is very easy to increase its price, but the volume will remain very low. Here is an example: NXM coin - https://coinmarketcap.com/currencies/nxm/markets / is traded on a single platform and has a marketcap of $267 million, but at the same time the daily volume is only $ 1,700.
full member
Activity: 666
Merit: 108
December 08, 2022, 05:32:08 AM
#83
The higher the marketcap, the logical higher the exchanging volume can be. I'm not discussing marketcap in that frame of mind, of a specific trade, contrasting it and the exchanging volume of the trade. Assuming you are somebody who truly do truly very much want to stick into laid out coins or ventures then it is something that you would view.
sr. member
Activity: 2436
Merit: 343
December 07, 2022, 05:47:03 PM
#82
It is for OP to understand that Trading Volume signifies something big which could influence your trading output.
 - huge volume means there is an active trading event and the chances for you to earn more in a short period of time as it was easy to fill our buy/sell orders
 - low volume means only a few traders have used that coin and the chances for you to wait longer to fill your buy/sell orders, earning is slow

As we can see, it matters on time and that is a significant factor also that could affect our trading.

hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
December 07, 2022, 01:54:52 PM
#81
Trading volume means how much an asset is traded on an exchange so if the numbers are high then more people are buying and selling and when its low not much people interested in it. For day trading it matters more because to make profit at the right time it is important to have enough volume for their trades.

However trading volume can be faked easily with fake trade orders by the exchange itself and it's a common practice done by almost all the exchange to hype the project for short term and its called wash trading so don't make investment based on trading volume alone.
newbie
Activity: 24
Merit: 0
December 07, 2022, 02:08:03 AM
#80
Volume is important and it is the measure by which most traders trade. The trading volume of a token represents its activity level, and it can also attract traders to trade there, indicating an increase in demand for it, which will also have a positive impact on the price.
There are many projects that falsify transaction volume data in order to attract more investors. Therefore, when choosing a trading project, you should consider multiple factors and not rely solely on trading volume.
member
Activity: 854
Merit: 13
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December 05, 2022, 04:02:15 PM
#79
In trading some of prediction fail because you will see a particular coin increasing in volume but all of a sudden you will notice it disappear. I once bought a coin  which later disappointed me, to me truly the trading volume don't matter.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 16, 2022, 02:09:37 PM
#78
right now it's very difficult to see trading volume determine whether the coin is worth investing in, because we know FTT is a top altcoin which does have a large trading volume like BNB,
but FTT went bankrupt and dropped to -99%, yes from this case of course we know that trading volume in the cryptocurrency world cannot be the benchmark of a project, so invest wisely.
Large volume cannot be a benchmark that is always correct. We'll see in the past, LUNA had a large volume but eventually went bankrupt because the founders were incompetent in managing LUNA, and now it's happening again at FTT. everyone will be at risk of experiencing the same thing, we really have to be prepared with the assets we have. Crypto has a high risk, loss is a risk that must be borne alone. Trade according to the rules and according to Technical Analysis. Doing research will also be very important.
hero member
Activity: 826
Merit: 583
November 16, 2022, 11:53:14 AM
#77
A coin's trading volume indicates how much that token is traded .If there is a huge amount of traders for a token then it is normal for the trading volume of that token to also be huge. But a coin cannot be judged by its trading volume.  Because there are many tokens whose trading volume was millions of dollars per day but after a while it became a scam . But there are many tokens whose trading volume is small but in one phase it has occupied a very good position in the market. so trading volume is not a big matter
I am sure the problem is not in scam coins or not. This relates to trading analysis which I think will be very important when a trader pays attention to trading volume when placing their money on a project, or starting a trade.
especially for those day traders, of course, the first factor that might be noticed is the daily trading volume. where traders can see the potential for day trading or long-term investing.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
November 16, 2022, 11:43:46 AM
#76
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

OF course trading volume matters. The lower the trading volume, the less you will be to liquidate your coins/tokens at a moments notice. In fact, if you are making big trades, you might not even be able to sell. Or at least not for the price you want to.

Also low trading volume is an indicator that there is no interest in the project behind the investment. A dead/unpopular project is never a good sign.

Not to mention that low volume makes it very easy for whales to manipulate the market by introducing their own rogue market-making strategies which will only damage the project further.  

Also, how do you trust for example, TVL, if their trading volume is so low but their market cap is so high? Something sketchy seems to be going on there. Seems like a red flag to me.
hero member
Activity: 1470
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Vave.com - Crypto Casino
November 16, 2022, 11:43:38 AM
#75
A coin's trading volume indicates how much that token is traded .If there is a huge amount of traders for a token then it is normal for the trading volume of that token to also be huge. But a coin cannot be judged by its trading volume.  Because there are many tokens whose trading volume was millions of dollars per day but after a while it became a scam . But there are many tokens whose trading volume is small but in one phase it has occupied a very good position in the market. so trading volume is not a big matter
sr. member
Activity: 1372
Merit: 252
November 16, 2022, 11:29:26 AM
#74
scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.
for trading in the short term, tokens with small volumes are not profitable, because price fluctuations are very high and it is difficult to use technical analysis. but if we invest, maybe we will get multiple profits, but the risk is also big because many projects with small volumes suddenly disappear from the market. therefore first identify our goals in placing capital
right now it's very difficult to see trading volume determine whether the coin is worth investing in, because we know FTT is a top altcoin which does have a large trading volume like BNB,
but FTT went bankrupt and dropped to -99%, yes from this case of course we know that trading volume in the cryptocurrency world cannot be the benchmark of a project, so invest wisely.
full member
Activity: 1526
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Pepemo.vip
November 16, 2022, 09:49:51 AM
#73
scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.
for trading in the short term, tokens with small volumes are not profitable, because price fluctuations are very high and it is difficult to use technical analysis. but if we invest, maybe we will get multiple profits, but the risk is also big because many projects with small volumes suddenly disappear from the market. therefore first identify our goals in placing capital
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
November 16, 2022, 09:00:26 AM
#72
scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
November 16, 2022, 07:18:14 AM
#71
does it really matter much ?
Trading volume really matters for the project, because with it it will make it easy for you to sell or buy, but volume does not illustrate that the project is legit because it is still possible to be manipulated either by developers or big holders to influence the market so that he can take advantage when prices have gone up, still cautions and do your own research
Well with the support of the community this volume will happen, there are two possible identifications of whether the volume is fake or not. Because new projects usually have price manipulation and did not support by the community, because for me --volume does not quickly affect the project, it needs time that organically the volume to grow not in just a matter of days. So yes --volume really matters in a project but we need to be careful in choosing which is has a legitimate one.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
November 16, 2022, 04:11:29 AM
#70
does it really matter much ?
Trading volume really matters for the project, because with it it will make it easy for you to sell or buy, but volume does not illustrate that the project is legit because it is still possible to be manipulated either by developers or big holders to influence the market so that he can take advantage when prices have gone up, still cautions and do your own research
newbie
Activity: 23
Merit: 0
November 16, 2022, 01:08:50 AM
#69
Trading volume is an important factor for a project, it indicates the popularity of the project and can attract traders to trade there. The transaction volume will also be manipulated, and the project party will create false transaction volume in order to attract more investors. Therefore, choosing a project should not only rely on the transaction volume, but also learn more about the project to ensure its authenticity.
legendary
Activity: 2100
Merit: 1340
November 15, 2022, 10:46:35 AM
#68
scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 15, 2022, 10:02:26 AM
#67
But I believe the majority of people will choose to trade on exchanges with large volumes. Because this is one of the indications of the trading exchange it is used by many people and trusted. Large fluctuations are also one of the factors, for scalpers to quickly seek profits. Although I once traded on a small volume exchange, the fluctuations were very slow and it was detrimental. Because we have to wait longer for the coin to move up. So Big volume I think is very important.
scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
hero member
Activity: 2156
Merit: 575
November 14, 2022, 05:17:08 PM
#66


Large fluctuations happen in lower level exchanges a lot more. In those exchanges you end up with a low volume, meaning there aren't that many people who could stop you, so you could end up buying and selling while impacting the price and that is why it looks to be so profitable. Big ones are a bit more towards making sure that you are doing the legit way which basically would be buying and selling properly without changing the markets all that much. You just hope that the thing you bought because TA showed promise would end up going up as expected so you could sell for a profit.
hero member
Activity: 1400
Merit: 770
November 14, 2022, 05:10:26 PM
#65
but you have to be careful because price fluctuations are also getting faster.

But I believe the majority of people will choose to trade on exchanges with large volumes. Because this is one of the indications of the trading exchange it is used by many people and trusted. Large fluctuations are also one of the factors, for scalpers to quickly seek profits. Although I once traded on a small volume exchange, the fluctuations were very slow and it was detrimental. Because we have to wait longer for the coin to move up. So Big volume I think is very important.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 14, 2022, 04:22:19 PM
#64
~snip~

making mistakes in market analysis is still possible, because there is no analysis that goes 100% according to what we want. people who can read volumes and also do some technical analysis using the tools provided will certainly be better off. not just a volume reading. In general, exchanges with high volumes will be more active because more investors are starting to enter to trade, but you have to be careful because price fluctuations are also getting faster.
legendary
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Leading Crypto Sports Betting & Casino Platform
November 13, 2022, 10:53:50 PM
#63
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.

Well in my personal opinion the volume for me says all the information of the trading, in the crypto world if we go to the specific case of Btc it is very obvious that the volume is not consolidated, it is something very difficult to achieve and the exchanges do not do it to do, so sometimes one must do analysis with the exchanges that handle the most volume, however, in part I feel that sometimes some gambling is done if we trade like this, because it would be betting on luck and not on reading the volume com It should be, but still several analyzes can be done with some accuracy, but not as it should be, so far I have not found any platform with the consolidated volume.

As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.

As I have said before, the one who knows how to read the volume well can determine all the movements of the market, that is, he will be the scholar who will never make a mistake in the market, of course we must take into account that the volume is not consolidated, this it is something that can subtract, but in general terms with a high volume exchange you can do many things and obtain good results.
copper member
Activity: 1428
Merit: 253
November 05, 2022, 04:21:35 AM
#62
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.
sr. member
Activity: 1680
Merit: 278
November 04, 2022, 06:55:34 PM
#61
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.
Trading volume also a big chances for traders to take a spicy look on alternative project to trade especially for many of the new project in the market. The believe is that the high the trading volume for a coin or project, the chances for the coin to be able to move well in the market.
Trading volume is very important to traders that is why if we take a look at Bitcoin and Ethereum, they usually have one of the highest trading volume almost always because of the huge adoption of this coins.
hero member
Activity: 2744
Merit: 588
October 30, 2022, 03:46:45 PM
#60
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Well, just by knowing how to read the volume of operations, you can determine a much more accurate prediction than normal, but taking into account that the volume in crypto is not consolidated, it is almost like entering a casino and doing gamling, for me things are so because there is a lot of information that is given and seen in the volume, and that is something that affects a lot, currently you have to check the volume in the most emblematic exchanges such as Binance, Bitfinex, for me they are the ones that bring the most volume and m'pas Businesses exist, not to mention that you can already enter the BTC market from Binance with great leverage.


Trading volume is just one factor that you need to consider if you want to trade a coin.
It may give you hints what's the performance of this in the trading market,
but it is not the whole story for the coin. Better check their actual developments.
Also, you can check their social media channels what is going on with their coin.
You can get some insights if the team is just doing pump and dump, or wash trading just to make their volume big.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
October 30, 2022, 10:49:58 AM
#59
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Well, just by knowing how to read the volume of operations, you can determine a much more accurate prediction than normal, but taking into account that the volume in crypto is not consolidated, it is almost like entering a casino and doing gamling, for me things are so because there is a lot of information that is given and seen in the volume, and that is something that affects a lot, currently you have to check the volume in the most emblematic exchanges such as Binance, Bitfinex, for me they are the ones that bring the most volume and m'pas Businesses exist, not to mention that you can already enter the BTC market from Binance with great leverage.
full member
Activity: 653
Merit: 183
October 14, 2022, 10:55:50 PM
#58
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
See trading volumes decide how much is the liquidity of your assets if there are very low trading volumes like the projects you are talking about you'll not be able to sell immediately at the market price when you want to you'll have to wait for a long time which can be disastrous in choppy markets. Also less volumes is an indication that people are not that much intrigued in the project so it might not be that good as well.
^That is definitely right which means trading volume is very important and really matters in trading activity.
That is why popular trading exchange becomes good when it comes to trading because of the liquidity of the exchange. Your order position will be faster to sell or buy. See the difference between centralized and decentralized exchange which is when it comes to liquidity centralized are recommended by most traders.
And a good reason why many exchanges also did fake trading volume to get traders to their sites. That actually answered OP's question about does trading volume matter? Yes, it does cause exchanges have to fake it to stay relevant and keep up their business. Heck, you might even see they've some incentives or promotions to boost their trading volume by lower trading fees. All of these actions from exchanges truly show us trading volume always matters.
legendary
Activity: 2940
Merit: 1083
October 14, 2022, 06:56:46 PM
#57
As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
October 14, 2022, 04:45:46 PM
#56
Trading volume is considered important for one thing, the asset is traded regardless of whether it has a real use case or not. The thing is, there is the possibility of manipulation of the trading volume for most of the altcoin in the market, so you should definitely remain cautious.

Trading volume is one of the most important factors to consider.  It provides liquidity to the coins.  Meaning coins with huge volume means there are lots of buys and sell going on.  It does tells how much is the coins being demanded and supplied.  With a huge trading volume, we are comfortable enough to buy the token without worrying of the possible lost of demand.

To determine which assets to invest in especially altcoin, then you may need to review their trading volume instead of ignoring them. This volume can go up and down following the price trend, so it will be very important if you do the analysis. About the two altcoin you mentioned in OP, I didn't do much but someone may have told you how volume is measured.

It is an SOP to check the trading volume of the asset we wanted to invest.  Securing the liquidity of an asset is a must because we never the time when we need to sell our asset and having a huge trading volume can assure us that we can liquidate our asset easily without undergoing heavy losses.
hero member
Activity: 2590
Merit: 644
October 14, 2022, 04:42:48 PM
#55
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
See trading volumes decide how much is the liquidity of your assets if there are very low trading volumes like the projects you are talking about you'll not be able to sell immediately at the market price when you want to you'll have to wait for a long time which can be disastrous in choppy markets. Also less volumes is an indication that people are not that much intrigued in the project so it might not be that good as well.
^That is definitely right which means trading volume is very important and really matters in trading activity.
That is why popular trading exchange becomes good when it comes to trading because of the liquidity of the exchange. Your order position will be faster to sell or buy. See the difference between centralized and decentralized exchange which is when it comes to liquidity centralized are recommended by most traders.
hero member
Activity: 2114
Merit: 619
October 14, 2022, 02:13:44 PM
#54
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
See trading volumes decide how much is the liquidity of your assets if there are very low trading volumes like the projects you are talking about you'll not be able to sell immediately at the market price when you want to you'll have to wait for a long time which can be disastrous in choppy markets. Also less volumes is an indication that people are not that much intrigued in the project so it might not be that good as well.
legendary
Activity: 2618
Merit: 1181
October 14, 2022, 02:04:23 PM
#53
Trading volume is considered important for one thing, the asset is traded regardless of whether it has a real use case or not. The thing is, there is the possibility of manipulation of the trading volume for most of the altcoin in the market, so you should definitely remain cautious.

To determine which assets to invest in especially altcoin, then you may need to review their trading volume instead of ignoring them. This volume can go up and down following the price trend, so it will be very important if you do the analysis. About the two altcoin you mentioned in OP, I didn't do much but someone may have told you how volume is measured.
full member
Activity: 1358
Merit: 104
October 14, 2022, 01:44:39 PM
#52
I think, Trading volume is important for crypto trading. People always interested in large volume crypto currency. I also think,If any coin volume is zero they you can trader this coin comfortable? And also need good project to success in trading.
hero member
Activity: 2156
Merit: 521
October 14, 2022, 04:12:17 AM
#51
Just imagine OP if you are trading in a coin that has zero trade volume, you will certainly be thinking who buys my coins when I sell them? Nothing, it means it is very important in trading and such activities will encourage traders to join the party. In fact, this is one way to recognize that a particular project is worth to risk and we know that having this will give us profit.

But of course, this won't just be a factor to consider if the project is really working or not, we also have to consider the exchanger because there some mystery happens in crypto, fake volume.

Maybe I'll focus on the fake volume you're saying. I've seen very many exchanges in the past that use this method to get user ratings. Usually fake volumes are used by several small exchanges so that the buy and sell orders are arranged very neatly.
legendary
Activity: 2660
Merit: 1074
October 14, 2022, 01:58:34 AM
#50
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
Yes, it does really matter and you are right actually. High trading volume means the project is active. Whenever I judge a project if it's good or not, this is also one of the early things that I am looking at.

Just make sure that the data's that you are seeing are verified to be legit because it's very easy for each project to write high numbers but the truth is that they are only faking it to attract more investors. Vulcan forged is also a famous project, which is why its trading volume is high but for axie, the game is only popular before but not anymore now since it experienced some problems which until now haven't solved yet. This is why their volume is dropping hard.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
October 13, 2022, 06:24:55 PM
#49
When you are given a trading volume the only indicate how long that project has traded within that estimated timeframe. Usually it is based on 24Hrs. Trading volume matters but it doesn't really give in-depth of all you need to know because it works based on a stipulated time. Instead total supply and market capitalisation can give more hint than trading volume. Also pay attention circulating supply.

A bad project might have more trading volume than good project because it had more trading activities circulating around the coin or token within the 24hrs time frame compared to a good project. If you chose to analyse based on trading volume do well to confirm your charts as well
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
October 13, 2022, 06:16:17 PM
#48
oh yes it is very important because you can distinguish a project that is really good or not,
for example if in a pancake swap you see a lot of people trading token A then that is a sign that token A has good fundamentals,
because they believe token A can achieve what they want expect, but if you see token B not being traded that's a sign that the project is bad.
Although there can be that way of saying that if a project is good or not through its volume, that is not enough.

But if you're going through dexes, it's really one way of looking for to say what you want to deal because you'll never know if it's going to be as good as what you're thinking.

It's a good standard to be followed.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
October 13, 2022, 06:11:34 PM
#47
Trading volume indicates how the interest of people in the coin/token. So, it is surely very necessary and means a lot.
As a trader, I will avoid buying coins with low trading volume. It is too risky since the price seems to tend to decrease gradually with lesser traders.

If you choose a coin with a high volume and an active ecosystem, it is the right decision. But make sure that they have quality developers/teams, it is more important because it has the biggest role to guarantee the project exists for a long time or not. You can see the quality of the developers from the improvement of the project constantly.

sr. member
Activity: 2828
Merit: 344
win lambo...
October 13, 2022, 05:50:24 PM
#46
Just imagine OP if you are trading in a coin that has zero trade volume, you will certainly be thinking who buys my coins when I sell them? Nothing, it means it is very important in trading and such activities will encourage traders to join the party. In fact, this is one way to recognize that a particular project is worth to risk and we know that having this will give us profit.

But of course, this won't just be a factor to consider if the project is really working or not, we also have to consider the exchanger because there some mystery happens in crypto, fake volume.
sr. member
Activity: 1876
Merit: 318
October 13, 2022, 05:18:05 PM
#45
The trading volume of any project depends a lot on that project because it can be seen that when the trading volume is up, many new investors join and they will continue to invest in that project so that more volume is up and the price of the token increases a lot. In this case, in many cases Project token price goes up so Trading Volume plays an important role in a project.
Volume is one of the indicator and it can actually confirm the trend so if there’s a good volume you can expect many investors to come in, but that is not a guarantee though since volume can also tell if it’s already overbought or oversold. If you want to have a good signal, use volume along with the other indicators, many traders forget to look at the volume and that’s why their analysis is not working, volume really matters to me.

It is true that trading volume is one of the important factors that we must look at to determine which projects are good for trading. As you said if
the project has a high trading volume, it means that the project is very attractive to traders, and it will make it easier for us to trade. Because projects
with low trading volumes are usually difficult to sell, because the demand is small. But we also have to be careful because trading volume can also
be manipulated, especially on small and unpopular exchanges, usually a lot of manipulation occurs. They will use bots as if many traders are interested
in these projects even though it is only manipulation. That's why we also have other considerations before deciding which projects are suitable for trading.
Trading volume is indeed very important, but of course trading volume is not the only thing we have to look at, there are many things we have to
look at and consider.
sr. member
Activity: 2422
Merit: 357
October 13, 2022, 04:45:55 PM
#44
The trading volume of any project depends a lot on that project because it can be seen that when the trading volume is up, many new investors join and they will continue to invest in that project so that more volume is up and the price of the token increases a lot. In this case, in many cases Project token price goes up so Trading Volume plays an important role in a project.
Volume is one of the indicator and it can actually confirm the trend so if there’s a good volume you can expect many investors to come in, but that is not a guarantee though since volume can also tell if it’s already overbought or oversold. If you want to have a good signal, use volume along with the other indicators, many traders forget to look at the volume and that’s why their analysis is not working, volume really matters to me.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
October 13, 2022, 04:24:50 PM
#43
oh yes it is very important because you can distinguish a project that is really good or not,
for example if in a pancake swap you see a lot of people trading token A then that is a sign that token A has good fundamentals,
because they believe token A can achieve what they want expect, but if you see token B not being traded that's a sign that the project is bad.
but keep in mind that the trading volume can be manipulated by the whale or the owner of the coin and if we are not careful to analyze the coin we want to buy, we will surely fall into that trap and lose even more money.
but if we want to trade on some of the top coins that have a good reputation and the trading volume can be analyzed logically and makes sense that would be better. because the manipulation of trading volume can be seen when analyzing through several platforms such as coinmarketcap and coinecko. there we can analyze and compare how true the trading volume is and we can also see the daily trading volume to analyze it.
actually if we are observant in analyzing it, we will definitely see the original trading volume with fake volume
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
October 13, 2022, 03:04:12 PM
#42
Almost all exchanges manipulate trading and the volume but some exchanges have the pedigree of a more reliable volume of trade due to high daily number of users/visits, deposit and withdrawal. Trading order can also indicate how genuine trade is on the exchange, if most of order set at the present prices are filled immediately without bot. The size of order on the exchange correlates with volume. top exchanges like binance, kucoin, coinbase got such pedigree and is the reason almost all projects want to list there. If a project start producing low trade volume for so long, the exchanges delist them.
I would guess that you could see the volume while you are trading yourself as well. When you are trading if the price actually moves decently that means there are some traders, if it doesn't move, but there is volume, that means they are trading in between the lines.

I have been part of an exchange back in the day working to make one of the tokens volume high, what we did was put orders on lower than the buyer, and one higher than the seller and trade with each other, we would remove it right afterwards so we wouldn't be able to trade with others and lose money neither. We would only lose the fee, and that was given back anyway so it wasn't a bad deal.
full member
Activity: 1610
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The OGz Club
October 13, 2022, 01:49:45 PM
#41
oh yes it is very important because you can distinguish a project that is really good or not,
for example if in a pancake swap you see a lot of people trading token A then that is a sign that token A has good fundamentals,
because they believe token A can achieve what they want expect, but if you see token B not being traded that's a sign that the project is bad.
member
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🪙 🪙 🪙 🪙
October 13, 2022, 12:01:38 PM
#40
The trading volume of any project depends a lot on that project because it can be seen that when the trading volume is up, many new investors join and they will continue to invest in that project so that more volume is up and the price of the token increases a lot. In this case, in many cases Project token price goes up so Trading Volume plays an important role in a project.
legendary
Activity: 3318
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Leading Crypto Sports Betting & Casino Platform
October 12, 2022, 11:52:39 PM
#39
It's a piece of information, that's why it is also important.
But don't use it as the basis of how good a coin is. Perhaps, they are just starting out or for whatever reason, they are not being traded yet to a large extent.
I'd go directly to one reputable exchange where a certain coin is available to trade.
I remember before when I put in a sell order for one reward coin from an ICO. It was sold faster than I expected. That made me realize there will still be buyers for coins that are expected to be pumped from the purchasers' own point of view.
legendary
Activity: 2506
Merit: 1394
October 12, 2022, 07:23:35 PM
#38
Of course trading volume is a very important factor for a project There are various scam projects that fake trading volume to lure people into their project They show people they have enough trading volume.But you notice all these things. Trade on the most popular projects. Don't waste your money unnecessarily trading in some fake projects.
I believe that trading volume is more focused on trading. It is measured by the counts of tokens/coins that are being traded for a given time, like 24-hour trading volume. That's why OP sees some coins that have low or high trading volume compared to other altcoins.
There are some projects that got high trading volume but they are not legit, so I will not use trading volume as the main indicator if the project is not legit because it can easily manipulated.
sr. member
Activity: 1386
Merit: 451
October 12, 2022, 06:59:04 PM
#37
Of course trading volume is a very important factor for a project There are various scam projects that fake trading volume to lure people into their project They show people they have enough trading volume.But you notice all these things. Trade on the most popular projects. Don't waste your money unnecessarily trading in some fake projects.
full member
Activity: 1330
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C O M B O
October 11, 2022, 02:04:57 PM
#36
Of course the trading volume is very important because the more volume there is,
then we can know that the whales are accumulating a token or coin, even that can also be a sign that the pump will take place.
trading volume can also be analyzed technically, if you can read it then you will really be successful in your trading.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
October 11, 2022, 01:24:50 PM
#35
Trading volume is very important especially if you're a day trader. A high trading volume indicates that there are many traders that are buying and selling that particular crypto thus a lot of movements are happening around that market. Meanwhile, a low volume doesn't necessarily mean that it is not good to trade. You should also consider the market condition at that time because during bear market, even cryptocurrencies like BTC, ETH, or BNB have low volumes compared when it's bull cycle. People lose interest during those times because cryptos are dumping hard from their ATH.
It also allows you to back out a lot easier as well. Something that has low volume means with enough volume someone could destroy it anytime they want, but with something that is a lot lower that means we are not going to end up seeing something that would work out well for these people neither. I mean it's clear that we are going to have hard time with this situation because people who trade high volume stuff would not have the volatility to make a lot of profit neither.

So, you have to consider what you are going to do, will you end up with something that is low volatility, or will you do low volume, which one looks like a better deal for you?
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
October 10, 2022, 03:42:39 PM
#34
Volume can tell you a lot in the market if not manipulated, it shows what is actually happening in the price of an asset, with volume you will be able to determine the money inflow and outflow in the price of an asset, that is, how many people are buying and selling at any given time.
Pricisly, even when it comes to trading, I actually use volume to confirm my trade entries in the market, therefore general Volume really matters a lot when it comes to the price or performance of an asset.

this is also an indicator if the project is big or small. but investigate also because some projects practice wash trading in order for them to look good in the trading volume. however, they won't sustain such strategy. but as a trader, you will be more confident getting involved with projects having high trading volumes. but for small ones, usually, they move slow also. so it is not advisable to trade this kind of coin as it would take your time waiting to complete your order.
hero member
Activity: 966
Merit: 588
October 10, 2022, 01:16:02 PM
#33
Volume can tell you a lot in the market if not manipulated, it shows what is actually happening in the price of an asset, with volume you will be able to determine the money inflow and outflow in the price of an asset, that is, how many people are buying and selling at any given time.
Pricisly, even when it comes to trading, I actually use volume to confirm my trade entries in the market. Therefore generally, Volume is a good indicator and really matters a lot when it comes to the price or performance of an asset.
legendary
Activity: 966
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#SWGT CERTIK Audited
October 10, 2022, 12:40:00 PM
#32
Yes, obviously the volume matters alot for example if the market breaks its major resistance by a good volume that can be a bullish sign but if this happens with the low volume that must be a trap so this can work as an indicator to take positions in the market and volume = Market trust and the healthy market follows the Bull trend
hero member
Activity: 1400
Merit: 623
October 10, 2022, 12:16:03 PM
#31
For me it’s prime thing because that’s what executes my order without any further wait. In crypto space it is really important because the market is too volatile and you never know which coin might turn out to be disaster with no more volume to trade.

Unlike everyone has different opinions here I’m sure it’s personal taste for everyone whether to have more volume or no volume at all.
It is needed to determine whether that coin gets investors interest and we will know how active that coin is. Some maybe doing the dump and pump thing that’s why we will not just depend on it but also search about that coin itself, the team and maybe the reason why there is such volume in that coin. Volume is needed but we need still to analyze it since some projects are doing schemes to pump their projects and we will need to know if its volume is really woth having depending on that coin purpose use or event.
full member
Activity: 1092
Merit: 227
October 10, 2022, 10:58:53 AM
#30
For me it’s prime thing because that’s what executes my order without any further wait. In crypto space it is really important because the market is too volatile and you never know which coin might turn out to be disaster with no more volume to trade.

Unlike everyone has different opinions here I’m sure it’s personal taste for everyone whether to have more volume or no volume at all.
legendary
Activity: 2128
Merit: 1775
October 10, 2022, 09:22:34 AM
#29
In the crypto trading market, volume activity is often used by investors and crypto traders as an instrument/indicator to measure liquidity, volume is not just for viewing, but in crypto trading volume has a formula to calculate how many crypto assets are traded and certain crypto assets are in circulation, broadly speaking this volume is the most important moment in crypto trading.

If you want to trade, of course trading activity is needed, to know all that, you must first understand the volume of activity in trading, so volume is an indispensable method of trading.
hero member
Activity: 826
Merit: 583
October 10, 2022, 07:58:12 AM
#28
Trading Volume is one thing we look for when trading, bigger volume means there is an active trade happening on that particular coin. Though it was been a huge factor, however, it was not just to rely upon it knowing that sometimes it was been manipulated. Aside from looking at its trading volume, we also have to know more about the project just to assure that it was real, and of course, the platform we used. In trading, we need to be wise enough, we don't need to hurry or else, we just lose.
Maybe that's why some traders switch to some of the assets they trade. especially those who do day trading. Of course, paying attention to the trading volume is very important. Choosing assets for the long term may differ slightly from day trading assets. each exchange platform always provides information regarding the highest trading volume on the platform in 24 hours.
indeed trading volume is not everything for the success of trades made. but it will be an important factor for traders to make their trading plans. the other factors you mention should also be considered.
sr. member
Activity: 938
Merit: 303
October 10, 2022, 07:38:45 AM
#27
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

 -  You know volume is important in crypto trading because that's where you can see if there are buyers for a coin or token on local exchanges such as Binance, kucoin, and others. Because if the volume is low, it means there are few buyers and you will have a hard time selling it.

But of course, be careful because some other coins or tokens can fake the volume. The only thing you need to be the basis for this matter is to always look at the coin first in coinmarketcap and coingecko so you can tell and know how much the volume of the token you are looking for and know.
hero member
Activity: 3094
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BTC to the MOON in 2019
October 10, 2022, 07:32:05 AM
#26
Trading Volume is one thing we look for when trading, bigger volume means there is an active trade happening on that particular coin. Though it was been a huge factor, however, it was not just to rely upon it knowing that sometimes it was been manipulated. Aside from looking at its trading volume, we also have to know more about the project just to assure that it was real, and of course, the platform we used. In trading, we need to be wise enough, we don't need to hurry or else, we just lose.
sr. member
Activity: 2842
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Vave.com - Crypto Casino
October 10, 2022, 07:01:29 AM
#25
My trading strategy incorporate volumes of price in many brokers combined together in a single indicator which I used in MT4 platform on my computer, my trading strategy ensured that both volume and prices move upward or downward at the same time however, whenever they move against or opposite to each other that opens up a trading opportunity for long or short coupled with some technical analysis and candlestick patterns based on my trading experience I knew where to pull the trigger, I totally agreed that volume of price is very important aspect of trading though some traders opinionated that their a lot of fake volume by some exchanges but it's better to rely on analysis of volumes of major exchanges.
legendary
Activity: 2716
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Once a man, twice a child!
October 09, 2022, 02:44:48 PM
#24
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
Well it goes beyond when an ecosystem is very active to when the statistics released are genuine. For me, I steer clear of projects with low trading volume because it shows less participation and trading activities going on with it. Price can stall in projects with low volume and it could take a while to sell off. Maximum token supply in relation to its price and trading volume is another thing worth looking into while investing in a project.
full member
Activity: 2086
Merit: 193
October 08, 2022, 07:18:11 AM
#23
trading volume is important to consider. but in less popular projects or even new projects. it is very difficult to be sure the trading volume is genuine or just a manipulation is done on the exchange.

from coinmarketcap data, PYR has a trading volume of $28m. while AXY has a trading volume of $40m.
I don't know where the OP got the data regarding the 2 game projects you're comparing.
Exchanges have a different volume most of the time, and some can really be manipulated so better to be careful with dealing on those volume. It's important but it can be deceiving most of the time, you should not rely only with the Volume, use other indicators and fundamental analysis to know if the project are really good and that volume can be more possible. Comparing the 2 projects with their volume might not be ideal on where to invest, better to look on their technology itself.
legendary
Activity: 2758
Merit: 1228
October 08, 2022, 06:31:26 AM
#22
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

Volume is so important for a token because it can also tell that many people believe on the project where as those tokens who only have less volume which we can say people dislike or doesn't like what they are seeing for that project. It also important if you trading it because you can exchange easily without a problem if the token have huge volume compare to those token doesn't have any volume where you need to wait for people to buy your sell order before your order will get filled.
legendary
Activity: 3276
Merit: 2442
October 08, 2022, 01:34:52 AM
#21
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

You are surprised because you don't know that most of the trading volume you see on the exchanges or at coinmarketcap are fakes.

There are exchange bots trading for free and creating fake volume to lure more people on those pairs. If you don't forget this fact, you will understand that most of these coins are nothing but ponzi schemes trying to rip off the traders. Whatever million, billion dollars of trading volume you say has no meaning at all.

Stay away from those shitcoins and you will be fine.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 08, 2022, 01:26:33 AM
#20
Volume, price, marketcap and any other thing that can easily to be manipulated are useless factor to determine a good project. Do you think all of the top 10 coins on CMC and Coingecko are legitimate projects? Nope, it's full of scam coins that only have a huge marketcap. A whale can just invest in one project to pump the coin to be appeared on the top 10 while the project is new and doesn't have any use case.

Make sure you're just stick with Bitcoin since the other project is sooner or later will turn to be scam or dead project.
Whales can invest in many projects because they have more money than others, so they can choose it easily and determine the amount themselves. The volume shows traders' interest in the project and uses it as an investment or trading tool.

And if they don't know which projects can be used as investment or trading tools, they can use bitcoin, which can provide huge profits in the future.
hero member
Activity: 952
Merit: 662
October 07, 2022, 11:59:12 PM
#19
Volume, price, marketcap and any other thing that can easily to be manipulated are useless factor to determine a good project. Do you think all of the top 10 coins on CMC and Coingecko are legitimate projects? Nope, it's full of scam coins that only have a huge marketcap. A whale can just invest in one project to pump the coin to be appeared on the top 10 while the project is new and doesn't have any use case.

Make sure you're just stick with Bitcoin since the other project is sooner or later will turn to be scam or dead project.
hero member
Activity: 1470
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Vave.com - Crypto Casino
October 07, 2022, 11:53:31 PM
#18
It could be. We will often notice that there are some tokens or projects that do not have relatively good value but that token has a lot of volume. This is not unusual. For this I think familiarity plays a key role. If we look at meme coins there is no utility but lots of volume. Because this is possible only with strong community. As the awareness of your project increases, at the same time you can see the large trading volume.
copper member
Activity: 2940
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https://linktr.ee/crwthopia
October 07, 2022, 11:51:03 PM
#17
It is the amount of trading that would come into a particular asset that would show the amount of buying and selling of it, and it could indicate whether it has actual traders and people are interested in it. Depending on what trading indicator or specifically a parameter that you would come into conjunction with the trading volume, then you could probably utilize it. If it is not, it couldn’t be of any use, depending on your trading strategy and where you are successful.
legendary
Activity: 2534
Merit: 1338
October 07, 2022, 09:38:47 PM
#16
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
Volume matters and a lot, but it is not an indicator that is easy to read, as we know exchanges and even the developers of some coins know this is an important metric and they decide to manipulate it to make the coin more attractive in the eyes of traders, so like always we  need to be careful and not concentrate in this single metric to dictate our movements, try to look at the overall picture of a project and if everything looks fine, including the volume, then you can include it in the coins which you regularly trade.
hero member
Activity: 1246
Merit: 699
October 07, 2022, 09:36:23 PM
#15
trading volume is important to consider. but in less popular projects or even new projects. it is very difficult to be sure the trading volume is genuine or just a manipulation is done on the exchange.

from coinmarketcap data, PYR has a trading volume of $28m. while AXY has a trading volume of $40m.
I don't know where the OP got the data regarding the 2 game projects you're comparing.
hero member
Activity: 3038
Merit: 617
October 07, 2022, 09:24:35 PM
#14

I don't also watch the trading volume upon buying BTC but this is because we know, it has demand, and it's the top coin to invest.
Choosing altcoins must be different. The trading volume must have something to do with how big the community is and the demand for the token.

What does it mean if the volume of BTC drops significantly while we are in the bear market? 
Is it time to invest because it could mean the bottom or people lose interest anymore?
mk4
legendary
Activity: 2870
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Paldo.io 🤖
October 07, 2022, 09:01:52 PM
#13
It depends — does it matter in what context? In the first place, trading volume is just data; it just depends how you're planning on interpreting it.

As for PYR and AXS, where are you getting your data? Based on CoinGecko, PYR has a 24h trading vol of $25m while AXS has a 24h trading vol of $43m.
hero member
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Vave.com - Crypto Casino
October 07, 2022, 06:55:22 PM
#12
Trading volume is important because you'll see how active this coin is in the eyes of the traders. If there's no movement at all or if it's very little, you'll be a hard time liquidating that token.
Volume speaks for the buyers and sellers and if you're going to analyze it, if the volume is too low then it's hard to get up because most of the investors have totally abandoned that project. But for newly launched, it's normal but depends on how long they'll stay on that low volume.
Volume is definitely an important tools if you are going to analyze the project, it can tell you when to buy and sell or just to ignore the project because the volume is fabricated and manipulated. Volume can also guide you for your trading strategy, better not to ignore the volume and focus on this from time to time as well. Some trader are too focus on other indicators and they forget the importance of volume, it can work but it's not good for long term.
Mostly, if the project has a low volume then it's going to be easy to ignore it and move on to the next project that tries to catch your attention. Although there really are websites that manipulate and cheat on what they show for their volume you'll eventually know if that's really the actual data it shows proportionately to the volume that it's got. Because if there are not that much people in the community, discussing about that project and the volume is quite high then you'll find it suspicious.
legendary
Activity: 2688
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Undeads.com - P2E Runner Game
October 07, 2022, 06:52:42 PM
#11
Yes, trading volume matters. Without it, it can attract traders to do trades there. It's one of the basis for selecting which coins to trade.

That's why there's an attempt of doing a fake trading volume to lure traders. Once these manipulators were able to create big volatility, it will create a buzz in that exchange and they will able to attract more traders to circulate money there.

That's why always be aware.
sr. member
Activity: 2044
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Vave.com - Crypto Casino
October 07, 2022, 06:50:08 PM
#10
Trading volume is important because you'll see how active this coin is in the eyes of the traders. If there's no movement at all or if it's very little, you'll be a hard time liquidating that token.
Volume speaks for the buyers and sellers and if you're going to analyze it, if the volume is too low then it's hard to get up because most of the investors have totally abandoned that project. But for newly launched, it's normal but depends on how long they'll stay on that low volume.
Volume is definitely an important tools if you are going to analyze the project, it can tell you when to buy and sell or just to ignore the project because the volume is fabricated and manipulated. Volume can also guide you for your trading strategy, better not to ignore the volume and focus on this from time to time as well. Some trader are too focus on other indicators and they forget the importance of volume, it can work but it's not good for long term.
sr. member
Activity: 994
Merit: 441
October 07, 2022, 06:49:32 PM
#9
Of course trading volume is an important factor. The trading volume indicates the quality and popularity of the project.But in some cases, the trading volume is fake. But fake volume must be avoided.There are many project teams who create fake volumes to promote their projects To give them a good position in their project. But there is no price increase due to which automatic detection is that they are generating fake volume.So trading volume is very important factor in trading platform.
hero member
Activity: 2968
Merit: 687
October 07, 2022, 06:32:15 PM
#8
Trading volume is important because you'll see how active this coin is in the eyes of the traders. If there's no movement at all or if it's very little, you'll be a hard time liquidating that token.
Volume speaks for the buyers and sellers and if you're going to analyze it, if the volume is too low then it's hard to get up because most of the investors have totally abandoned that project. But for newly launched, it's normal but depends on how long they'll stay on that low volume.
One of the main indications that you are dealing with a good project which does have a good or huge volume which does indicate that you are really able to play with those movement of prices.

You can eventually make out some on point comparison into those projects which are low volume and could be easily be manipulated and to those projects which does have huge volume isnt
something that could really be manipulated or would really be dumped.

If you are someone who do really love to stick into established coins or projects then it is one of the things that you would be looking upon.
hero member
Activity: 3066
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Vave.com - Crypto Casino
October 07, 2022, 05:56:11 PM
#7
Trading volume is important because you'll see how active this coin is in the eyes of the traders. If there's no movement at all or if it's very little, you'll be a hard time liquidating that token.
Volume speaks for the buyers and sellers and if you're going to analyze it, if the volume is too low then it's hard to get up because most of the investors have totally abandoned that project. But for newly launched, it's normal but depends on how long they'll stay on that low volume.
jr. member
Activity: 269
Merit: 4
October 07, 2022, 01:05:04 PM
#6
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.



Yes! Trading volume actually matters. It tells you that the current stock is active, valuable and has some degree of usage by people.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
October 07, 2022, 01:00:09 PM
#5
Trading volume and market cap are 2 completely different things. A coin can have almost 0 volume but market cap in the millions if its very illiquid.
Yes, trading volume and marketcap are two different things, but you can know from marketcap of what coin trading volume can be (either high or low). The higher the marketcap, the likely higher the trading volume can be. I am not talking about marketcap in general, but of a particular exchange, comparing it with the trading volume of the exchange.

Volume is typically used when day trading because it gives you hints when reversals can happen. Usually during a pivot there is a big volume bar and it hints that it might reverse. Not 100% accurate but during certain times it works very well.
Yes, volume is used in trading, to make analyses. Even I have not seen an exchange with wn indicator for marketcap, not necessary and have no useful information , but trading volume is used as an indicator in trading.
legendary
Activity: 3808
Merit: 1723
October 07, 2022, 12:50:36 PM
#4
Trading volume and market cap are 2 completely different things. A coin can have almost 0 volume but market cap in the millions if its very illiquid.

Volume is typically used when day trading because it gives you hints when reversals can happen. Usually during a pivot there is a big volume bar and it hints that it might reverse. Not 100% accurate but during certain times it works very well.
newbie
Activity: 21
Merit: 0
October 07, 2022, 12:47:59 PM
#3
In essence, it serves as a sign of coin activity. It is a representation of the coin's total activity. It can be helpful in some circumstances, so be sure to first consider that in order to check cryptos relevance. They are quite significant factors, and when you witness large volumes of trades, it is clear that both are receiving attention from people and are generally well-liked.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
October 07, 2022, 12:43:03 PM
#2
Volume matters but it should be real. Don't be over-excited if you see Volume has been increasing suddenly. It's because it's pretty easy to manipulate trading volume whether it's cex or dex. Have to see also chart reflection on how it's looking. Have to realize if it's real volume or fake volume. If the price increase with the volume means real volume coming although they might exit at any time. But if you see just volume increases and not much reflection in price that means the project team doing MM to increase trading volume. Hence the token price hasn't been increasing.
member
Activity: 256
Merit: 13
October 07, 2022, 12:29:15 PM
#1
I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.
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