Topic: Good trading volume doesn't mean a token is good - page 4. (Read 889 times)
Good volume does not mean a coin has use case. I agree. But good volume means it has liquidity and you can buy/sell with ease. The token FOUR has use case but try check the trading volume on Latoken exchange and you will be alarmed at how poor it is.
I have often seen tokens/coins that have fake volume in the market, and now everyone can see whether the volume is fake or not. Like coinmarketcap which released a new feature that is liquidity that helps people to see volume
traders sometimes feel comfortable with one of the coins on the exchange, they don't even care much about the actual use of coins. Many comments write about bots, I have some friends who really like to condition the grid bot in reverse or opposite.
they analyze ways to measure every bot's movement, and fight the pattern of orders manually for profit.
they analyze ways to measure every bot's movement, and fight the pattern of orders manually for profit.
I've seen many shitcoins that has good trading volume, I'm sure they fake it so yep good trading volume doesn't mean a good coins they can fake the volume. Better to research the project first and visit their telegram if it is active community so you will know if it is good to invest that coin.
Making project research based on Telegram group members and social media channels is the last way I don't use it in my investment plans. Even good tokens have the tricky strategies for boosting their daily trading volume and the monthly turnover. Wash trading is the perfect case for boosting the turnover of any coin in small exchanges and CMC also count this volume as the genuine origin of turnover. 
Good tokens are in high volume to improve the liquidity of the tokens and many of investors attract for it. Somehow it has a potential to increase the price of the tokens since many of investors willing to buy from it.
I've seen many shitcoins that has good trading volume, I'm sure they fake it so yep good trading volume doesn't mean a good coins they can fake the volume. Better to research the project first and visit their telegram if it is active community so you will know if it is good to invest that coin.
In fact, fake trading volume is something that investors are difficult to distinguish when choosing to invest in altcoins because some exchanges such as P2PB2B, Latoken, and Vindax all use fake trading volume to stimulate investment demand. I think this is very dangerous because if the project is not good, you will certainly be affected greatly to profitability and liquidity difficulties.I usually only invest altcoins at some major exchanges because they are exchanges that do not use fake transaction volumes but before investing you need to evaluate that coin in detail.
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.
With bots controlling many of the smaller exchanges (and the DEX sites), nowadays it is not that hard to inflate the trade volumes. And on top of that, a higher volume can also mean that the promoters are dumping their tokens (especially if the exchange rate is lower than the listing price). Trade volume can be used as one of the parameters in deciding whether a token is good for investment or not. But it can't be the sole consideration.
I've seen many shitcoins that has good trading volume, I'm sure they fake it so yep good trading volume doesn't mean a good coins they can fake the volume. Better to research the project first and visit their telegram if it is active community so you will know if it is good to invest that coin.
Does "use case" really matter now?
I have seen great projects with a great future ahead but just lacks the support from investors.
They don't read roadmaps anymore or even inquire with the management of the creator in any way possible.
Just buying which is popular.
I use Ethereum mostly but look at its price? It is still not taking back its ATH even with a large amount of usage.
So no, it doesn't matter anymore.
I have seen great projects with a great future ahead but just lacks the support from investors.
They don't read roadmaps anymore or even inquire with the management of the creator in any way possible.
Just buying which is popular.
I use Ethereum mostly but look at its price? It is still not taking back its ATH even with a large amount of usage.
So no, it doesn't matter anymore.
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But if we talk about good trading volume that means traders have a good income about that coin because many are use it to trade. Use your common sense, as a trader you will not choose coin that you will be loss or coin that will not bring you your return of investment. So I think you are wrong.
This statement is so wrong. Good trading volume doesn't mean the volume is not artificial. There are so many cases out there about volume being manipulated just for certain purpose. Also, good trading vokume doesn't mean the trader having a good income aswell. There are some cases of newly generated alts that got listed into an exchange having a really good volume but past 3 months they lost almost all of the volume and literally dying.OP is not wrong, he's just telling people that there are more factors need to be considered even if certain coin have promising valuation on the paper. It's not all about trading volume.
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 good volume of token does not mean well token. Actually we must have to see tokens future planning by team and present market as well as token rate. If road map is well then investors must buy that token if its volume also little. So please see roadmap not volume.
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.
This is true most traders specially new one are being trick and , drag to invest on something they really don’t know what is going on,sometimes its just a manipulation by a group or what we call whales , who is attracting people, that are new and invest ,one you hook
they will then dump the coin and you are stuck on a coin with really no significance or any goal, and what happen is your end up selling the coin
with loses so i hope we all take a good look first before doing a move on something that is attractive and sounds good in the ears
But if we talk about good trading volume that means traders have a good income about that coin because many are use it to trade. Use your common sense, as a trader you will not choose coin that you will be loss or coin that will not bring you your return of investment. So I think you are wrong.
some exchanges are using trader bot to actually buff up the volume of certain altcoins so the price is going up and once real people want to trade, they won't get any reward and the trade book is filling up quickly because it's all bot whom control the market.
Lots of exchanges report fake volume but you are right in as much as high volume doesn't always mean a token is a worthwhile long term invest but liquidity is very important especially if you like to trade regularly so ensure the exchange is reputable and the project has a real use case and there should be less risks involved
Token have their roles and some may not be good for us but good for others and some are only good in trading but not in holding. So we must identify what is our token used so we will not risk on it for long that might lose its value without us noticing it. Choose a trusted exchange too.
At present most tokens / coins don't have real use. trading volume is the number of transactions that occur during 1 day / week / month / year. and it can be made by a bot. so bad tokens can make volume increase through bots. so that real traders are interested. I experienced it on Hotbit. well there 60% of trade is bot. all coins / tokens have bots. pump and volume can be done anytime. but when I started trading, everything changed. prices fall, bots make a dump. and it's a trap of shitcoins.
Lots of exchanges report fake volume but you are right in as much as high volume doesn't always mean a token is a worthwhile long term invest but liquidity is very important especially if you like to trade regularly so ensure the exchange is reputable and the project has a real use case and there should be less risks involved
Let's talk about p2b, is this a scam trading platform? https://bitcointalksearch.org/topic/m.53155451
About a month ago, P2B always held the leading position on Coinmarket in terms of trading volume. How does the P2B exchange generate virtual trading volumes? I think the Bot has been launched on trading pairs ....
There are too many coins despite the large trading volume, displayed on CMC but there is no liquidity (shitcoin) on it.
it's true that the place of exchange can be number one in coin marketcap but you have to know that the place of manipulation of trading volume aims to be seen as a new exchange place that already has a high trading volume and it's done very easily, so for anyone not to be fooled by the place exchange that has made many people lose.About a month ago, P2B always held the leading position on Coinmarket in terms of trading volume. How does the P2B exchange generate virtual trading volumes? I think the Bot has been launched on trading pairs ....
There are too many coins despite the large trading volume, displayed on CMC but there is no liquidity (shitcoin) on it.
Volume is now very much shady as compared years before. Today, volumes are not only fake, even the right volume are under the manipulation of a few. But since it is the one that gives the traders the liquidity that they need, even fake volumes, the ones that are caused by the bots, are helping the price in one way or another to be constantly moving.
Let's talk about p2b, is this a scam trading platform? https://bitcointalksearch.org/topic/m.53155451
About a month ago, P2B always held the leading position on Coinmarket in terms of trading volume. How does the P2B exchange generate virtual trading volumes? I think the Bot has been launched on trading pairs ....
There are too many coins despite the large trading volume, displayed on CMC but there is no liquidity (shitcoin) on it.
it's true that the place of exchange can be number one in coin marketcap but you have to know that the place of manipulation of trading volume aims to be seen as a new exchange place that already has a high trading volume and it's done very easily, so for anyone not to be fooled by the place exchange that has made many people lose. About a month ago, P2B always held the leading position on Coinmarket in terms of trading volume. How does the P2B exchange generate virtual trading volumes? I think the Bot has been launched on trading pairs ....
There are too many coins despite the large trading volume, displayed on CMC but there is no liquidity (shitcoin) on it.
You have tangible backings but I also think good volume is part of what makes a token buyable. Am not disputing the fact that there aren't shitcoins with good volume, but am also saying that every team within a project which is aimed to be good to also have a good trading volume because this will make potential investors key in. In the same way, a token without good trading volume risks getting delisted; this is also my reason for good tokens having good trading volume.
Investor mostly check the volumes before taking time to review and research the projects. If they've got good information about the projectsurely they will follow and invest to the projects, Traders who understand the market knew what project to use for long and short period and
the first basis mostly of short traders is the volume movements to get the good chance to earn with short period of time.
Indeed, the volume can be a basis though it does not necessarily mean that the coin will always be like that or further improve. There are still risks, but at least you can predict much better market movements of the coin if it has high volume and popular in the market in a given time.
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