Topic: Good trading volume doesn't mean a token is good (Read 850 times)
Most people will see volume as sign to get transaction, now you can see volume become clearly parameter for trade/ invest purposes. If you don' see from volume which factor that we can use? price is relative, release in good exchanges some token/ coin become scam because has no volume. I suggest you avoid that opinion because can broke your realistic mindset, stay safe with volume is better.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
but trading volume is very influential friend. tokens will last long and can even go up if the trading volume is high. because the price will be determined based on the total supply and circulation of its supply, everyone who will buy will definitely see that. so the trading volume is very important, and simple again is if the token has a high trading volume, it means there are many interested people there and the chances are good coins. if you are talking about real use cases, do they really exist now? crypto is still in the stage of digital investment assets, not yet there.
What makes a coin to be a good one is more than just good volume, though good volume is important to the success of a coin but we should not forget that we can get good volume through some kind of HYPE. A good coin must have use case.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I think the token that has a large transaction volume indicates investor interest in the token. If told to choose to invest in tokens that have large and small volumes, of course I will choose tokens that have large transaction volumes because this signifies liquidity
Altcoin good certainly has a high trading volume and is listed on large exchanges as well.
It is not possible for large exchanges to accept altcoin if there is no good capability to register in the bourse.
If altcoin has a small volume even though there are real users if there is no progress then it will slowly become rubbish.
It is not possible for large exchanges to accept altcoin if there is no good capability to register in the bourse.
If altcoin has a small volume even though there are real users if there is no progress then it will slowly become rubbish.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
For me a project that has a real use case will have advantages over the others and investors will also prefer to invest in the project than in a new project that only repeats what other projects have already delivered.sr. member
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we can not decide a good coin/token only on its volume trading. We have to decide base on its tech, community, users, solving what problem...
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I didn't think that people were so naive that they thought that the volume of a coin told you if it was any good or not, we have seen many coins in the past get to some huge market cap, popularity and volume and then disappear when it was confirmed that they were scams, this reminds me of all the people that think that a project is good just because they got profits with it and they think a project is bad because they lost money with it, that kind of thinking doesn't really make a lot of sense. Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I share with you my similar opinion. Because there are so many coins. Where I see that the volume is good but it has nothing to do with the price increase. Reducing the price hike depends on the trading of investors.
Although some trading volume could be fake caused by bots, but for a coin to have a good trading volume it means it has value that why people are buying . if the developers are not active on a project , definately such coins cannot havea a real good trading volume
Correct. I agree if the trading volume does not necessarily guarantee the price of the token is good. to measure a token whether or not, we can see in terms of price charts. the extent of interest in a token. because if the token is good the price will definitely skyrocket.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
Tokens or coins that have a stable volume and count above $ 1 million per day, I think the coin or token is a good investment. There may not be a product yet but sees a large and stable transaction, illustrating investor confidence in the project.
yes at least with volume and have a strong real community that will support the token/coin for transactions. actually a lot of coins/tokens whose products are not much developed but because of strong community support to make it stay in an exchange
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
Tokens or coins that have a stable volume and count above $ 1 million per day, I think the coin or token is a good investment. There may not be a product yet but sees a large and stable transaction, illustrating investor confidence in the project.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
You made a valid point, but in most cases a good trading volume is an indicator of a good project. Most projects with poor trading volume are dead or in the stage of demise. Bomb token clearly has no real use case, but the team have funds to keep the volume high and that's what attracts more persons to the project. You would agree with me that several persons in this space are in it for the money and when they see an opportunity to make money, they take advantage irrespective of whether the project is valid or not.
good trading volume might boost the price of coins to be good, but not all coins experience it. sometimes the trading volume is good but there are prices that are still at the bottom level and do not experience pumping. so I don't think volume can be the main reason
Well yes, volume is a good thing. But as it goes up it can go down pretty hard in just a matter of few days. What it makes the coin good is the value of it and it's real world utility.
Large volumes of coin tokens can be manipulated easily. I once traded coins that were rarely in demand but the volume of coins was high. High volume was indeed manipulated using bots. I can't sell coins properly. A healthy coin volume is when many trade without using bots.
i agree there is a lot of bot and it is used to make the volume for the coin or tokenso we can't really based to the volume if we are looking for a good coin to invest or trade
I assume if a good trade does not recognize volume, I prefer the type of token that has a small trading volume but can continue, balanced between sell and buy. because it minimizes a coin to be bad, and the potential for a coin will be maintained well
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
You're right! I also believe that high trading volumes are not an indicator of cryptocurrency success. I know some interesting crypto projects in their ideas and their crypto asset is already on the exchange. And if you go in and look, you will see that there is a high trading volume every day. But if you check the number of holders of this crypto asset, you will be surprised that there are only a few people, not even 10 holders. All this speaks of a certain fraud both on the part of the project itself and on the part of the exchange where it is supposedly being traded.
Trading volume is not an indicator cause it can be faked, by one man with good bot or with a group of people. CoinMarketCap
service was accused for doing that, and misleading people.
There are better parameters for choosing a good coin. I choose a coin by the idea they have, team that will develop that
idea and community that supports it, some good coins don't have high trading volume cause most of the people hold those
coins and they don't trade with them.
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
You're right! I also believe that high trading volumes are not an indicator of cryptocurrency success. I know some interesting crypto projects in their ideas and their crypto asset is already on the exchange. And if you go in and look, you will see that there is a high trading volume every day. But if you check the number of holders of this crypto asset, you will be surprised that there are only a few people, not even 10 holders. All this speaks of a certain fraud both on the part of the project itself and on the part of the exchange where it is supposedly being traded.
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