Most cases people don't really care about real use case, as long as they could take the profit from the altcoins, that's what matters for them.
Let's not forget about market manipulation, you'll see bots everywhere and fake volumes here and there. More volumes means more traders doing some trading there, but what we have all fake orders and all. And Indeed, HYPE could make the volume rose quite high.
Topic: Good trading volume doesn't mean a token is good - page 7. (Read 889 times)
I don't think so, Only good propjects has good a trading volume now which is listed on good exchanges that built trust to the community. Suspicious and bad projects dont even have a decent volume, often they are listed on sh*t exchange and generate a fake volume.
Haven't you seen shitcoins with huge volumes as a result of artificial pumps from the owners? the thing is, this happens to both coins with use case and coins without, the only difference is the holder of this coin, if you are a trader i don't think you will mind much about the utility of that coin provided the volume is high enough to trade,
but if you intend to hold for mid-long term basis, then it is better to reconsider your position to hodl or not, from the look of things, i would rather go for a coin with a real utility than just high volume, with time the utility will increase the demand which will also reflect in volume and price.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I often get coins that have large volumes but are very difficult to sell. all are controlled by bots buy and sell orders are filled with bots that manipulate the volume.
The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
If the coin is manipulated or using bots in certain market that can't be considered a high volumes coin though. only the genuine ones could be considered as one of that. I honestly pissed off with the existence of that bots aswell. It's like they are trying to give us false information and make us screwed.The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
Especially on todays exchanges. The numbers are just terrible, almost every single exchange is doing wash trading and the number of real trades is scary low. Furthermore, without further development a token is worth nothing.
Only unreliable exchange I assume, the popular ones rarely does this but doesn't guarantee that they are not doing this anytime soon. only time will let us know. 
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 can be seen from different perspectives, on one hand, good trading volume shows how solid a project is; let me ask, if a coin doesn't have a good trading volume will you buy??? And also it sends the wrong signal to traders or investors irrespective of whether the coin is good or bad. Moreover, what stops a good coin from having a good volume? As for me, I can't liken a coin with bad volume as being good.
On the other hand, we know hype is the order of the day in this space, thus there are every chances a bad coin will have a good volume but will it last long term? So let's look at all these from different perspectives.
Especially on todays exchanges. The numbers are just terrible, almost every single exchange is doing wash trading and the number of real trades is scary low. Furthermore, without further development a token is worth nothing.
Yes but now everyone need money by hook or crook and most of the project spend only on exchange listing to list it in a high volume exchange so that the tokens can be sold and to get more buyers but they don't bother about further development of the project as a result most of the tokens are sold at good price but fails miserably after sometime due to lack of development.
Especially on todays exchanges. The numbers are just terrible, almost every single exchange is doing wash trading and the number of real trades is scary low. Furthermore, without further development a token is worth nothing.
This days people care more about deflationary tokens like bomb or dynamite token because to be frank people only care about money making, these deflation tokens pays real quick and many are happy investing in them
Its easier to create fake volume for any coin or token which is why i think its better to rate coins, tokens and exchanges with liquidity instead of volume, you can't fake liquidity and it all comes down to the exchanges they are listed on
I often get coins that have large volumes but are very difficult to sell. all are controlled by bots buy and sell orders are filled with bots that manipulate the volume.
The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
There are a lot of manipulators around the market so we couldn't know which is good to buy if you are investor. to us bounty hunters it is so difficult to earn with this kind of projects we can not sure that they will going to release what were working for how many months. so we need to search a good project that does not aim for manipulating.
I have some few deflationary tokens in my wallet, they have good price but on exchange the volume is pretty bad, and i said to myself, of course they have no real use than burning, why would people want to buy them?
I often get coins that have large volumes but are very difficult to sell. all are controlled by bots buy and sell orders are filled with bots that manipulate the volume.
The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
The coins are only listed in one exchange, so there is no other choice to sell coins like that, except selling on buy orders and will be executed by the bot.
this is absolutely true. a lot of stock market is trying to gather customers by making fake volume. they can easily pump a token and sell it to people.
Possible for making this fake volume are those on the unknown exchange which controls by whales to generate a huge pump to create a massive sells and dump at a given time when the price are high so be careful when you invested this kind of token. Quote
Behold good trading volume doesn't mean a coin or token is good,
You are correct unless it can stand the test of time.Quote
i read in a thread where few people are saying if a coin has no volume means its a bad coin
A zero trading volume could mean people are not interested in the token/project but not necessarily mean a bad coin.Quote
well here we go, bad coins can have huge volume
,Certainly, especially those big time scammers that manipulate market with bots thereby generating fake volume.
A good token are those that have real life usage and maintain a steady volume not necessary a huge one, they are to be consisted in the services they provide, people shall notice them as time goes by.
Deflation in my opinion is not a good idea, the concept of burning tokens so that the supply is smaller or limited, Does not mean that the rarity or the like of gold, need to remember tokens / coins can be broken down to be as small as possible (0.0000001) so the token supply is considered to be only 100k supply, it is sufficient . The main problem is whether to have pergerkan or real use, to carry out deflation. if it's not balanced it's useless, like this scheme ((dump - (deflation = pump) - dump 
)).
)). 
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 an investor anything that brings profits to them are good even if they have no real use case, but investors need to beware while holding these tokens since the price may fall at any time because of its no usage to the world.Some tokens and coins also faking their volumes with bot trading to themselves this is another reason why we don't have to judge a token based on the trading volume alone.
I'd still prefer those coins with good daily volumes though. I mean if they are attracting investors to trade their coin, then that would say they are still healthy and kicking.
It is not the best thing to do, there was a coin that was trending at the beginning of last year, and the buzz was so much, there was so much investors, prospects, their telegram handle was booming as people spoke of how the coin will get to the moon and how they'll get their lambo, the trading volume was so high and I had to join in and I bought quite a lot. I still regret that till today, slowly the whole buzz was dying down, we then realized they actually didn't have any use case, it was all just a plan to attract investors, and the volume was actually fake. Soon they stopped conversations on the group, you could only read their fake updates, according to them they changed ceo and we never got to hear from the new one. That was the end of that coin with all their trading volume, it can mislead investors.
this is absolutely true. a lot of stock market is trying to gather customers by making fake volume. they can easily pump a token and sell it to people.
Your opinion is not wrong but it is not entirely true, in fact most tokens that have a lot of volume because they have a useful use case and from there they can maintain good demands. Indeed in some cases there are some projects that have good volumes because only hype, but it won't last long. While a really good project is one that can maintain its volume well as long as the project is alive, that is the difference between them. And we also need to pay attention that some of them also use bots to increase the volume. It all seems like a lot of manipulation to achieve their goals, really ironic.
Yes, tokens that have good trading volumes are sometimes bad or not that promising when it comes to their product or technology. It's like an exchange with high volume, it doesn't mean it is good or reliable enough. Take a look at Yobit. Full of shitcoins yet volume is still there, including its shitcoins. Good marketing creates hype and in hype there's money. Even in our daily life. Popular products with most sales are not guarantees for quality.
does that mean you agree that trading volume determines good or not?It doesn't matter whether the project is good or not, the coins include shitcoin or not, as long as the HYPE is strong and the trading volume is high then it can be an investment choice.
if it's like that, then the project won't last long in my opinion, because the ecosystem isn't formed properly.
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.
It depends.
Greater liquidity generally is directly correlated to a better project, because projects that have a low liquidity on exchanges usually aren't very highly demanded to begin with. All of the major projects which have real development will have significant volume traded.
The only big coin that I can think of that goes against this trend would be IOTA, which has less volume because its difficult infrustructure that means that it's listed on less exchanges. But every other coin, you should definitely look at volume and liquidity, because that directly affects the viability of your investment.
Jump to: