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Topic: High price but no volume - page 2. (Read 2119 times)

full member
Activity: 905
Merit: 113
January 15, 2020, 11:10:01 PM
In my opinion, this kind of event is not new because so many ICO projects have events like this and this is one of the team's strategies in playing the game.This also makes investors afraid of investing in ICO/IEO
legendary
Activity: 2982
Merit: 1028
January 15, 2020, 10:12:19 PM
Avoid that kind of altcoins which do not have high volume, my focus is the altcoins that in the top 20 in coinmarketcap. Those are the coins with have the highest daily volume. I can considered those altcoins with low volume as one of the garbage coins. There are no volume because there is no interested to that coin. We should just focus acquiring high volume altcoins.
I think that is the basic if we want to trade. Because at least new people who want to do trading can know which one have bigger risk between trade top coinmarketcap coins or low rank coin which is like what OP said that might have no volume trading.
Information like this is a must to understand if you are new to this business, scam developers are waiting for people to invest inside the project that they've created then automatically dumped the coins and leave unaware investors to be trapped. Only to realized that there's no future progress and
will never received any support, The invested money will be stuck and never to receive any benefits.
sr. member
Activity: 1344
Merit: 253
January 15, 2020, 08:50:36 PM
That is why some people do not want to invest in altcoin anymore because of this kind of situation. After they have supported the ICO project, they will be given a coin that has a high value but the developers will not gonna put it on a exchange. That is why investors are now afraid to support ICO projects now.
so many cases of fraud in ICO projects, and finally no one will support it. with its high value and small volume, obviously this is a game, don't follow it if you expect a good return. and now IEO is more feasible to invest than ICO is not giving hope

full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
January 15, 2020, 08:39:56 PM
That is why some people do not want to invest in altcoin anymore because of this kind of situation. After they have supported the ICO project, they will be given a coin that has a high value but the developers will not gonna put it on a exchange. That is why investors are now afraid to support ICO projects now.
sr. member
Activity: 602
Merit: 253
January 15, 2020, 08:39:42 PM
Holding your assets for a very long time in hoping to see a good price of them, only to get nothing, because it has no trading volume at all.
Well, holding doesn't always have a good outcome, mostly it may did, but it is what it is now. Even if the coin/token you're holding is from a good project and a good developers behind them, things doesn't always go as planned. If the alt has a high price but no volume, well, well, you need to cross-check that alt thoroughly.
hero member
Activity: 1458
Merit: 509
January 15, 2020, 08:34:14 PM
Avoid that kind of altcoins which do not have high volume, my focus is the altcoins that in the top 20 in coinmarketcap. Those are the coins with have the highest daily volume. I can considered those altcoins with low volume as one of the garbage coins. There are no volume because there is no interested to that coin. We should just focus acquiring high volume altcoins.
I think that is the basic if we want to trade. Because at least new people who want to do trading can know which one have bigger risk between trade top coinmarketcap coins or low rank coin which is like what OP said that might have no volume trading.
that's a classic reason dude, when you are wanna doing a trade and you just need to see the fundamental, search the bottom point and then join in the market. Liquidity is an important reason too that needs to be determined before try to look at the fundamental of coin. Low rank will always bring you to the big risk and this is a common thing.
sr. member
Activity: 2030
Merit: 323
January 15, 2020, 06:56:18 AM
It's back to square one if you are holding a coin or token for long term and finally altcoin season comes and the token or coin surge in value but has no trading volume on exchange, all your efforts and pain while holding is total waste, do not hold tokens or coins that have no demands, real use cases are what makes them very demanding
My question is how you got the token, if it’s a token you bought from an exchange, then you can as well sell it back to them. Unless it’s just a coin that you got from airdrops and events like that and they happened not to be on any exchange, then everything has turned to waste.

If a coin can’t be traded then it’s as good as useless because you’re just holding digits and not real money since there is no way you can actually pull out the money. The main reason most people are investing their time and money is because they need profit and when a coin can’t fulfill that, then it should be abandoned.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
January 15, 2020, 04:20:09 AM
Avoid that kind of altcoins which do not have high volume, my focus is the altcoins that in the top 20 in coinmarketcap. Those are the coins with have the highest daily volume. I can considered those altcoins with low volume as one of the garbage coins. There are no volume because there is no interested to that coin. We should just focus acquiring high volume altcoins.
I think that is the basic if we want to trade. Because at least new people who want to do trading can know which one have bigger risk between trade top coinmarketcap coins or low rank coin which is like what OP said that might have no volume trading.

But at least he did warn some newbie out there. Of course before you invest you need to know what would be it for. It is based on money so you need to be careful there are chance that it would be like bubble that would be gone in just a second.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
January 15, 2020, 03:35:02 AM
Avoid that kind of altcoins which do not have high volume, my focus is the altcoins that in the top 20 in coinmarketcap. Those are the coins with have the highest daily volume. I can considered those altcoins with low volume as one of the garbage coins. There are no volume because there is no interested to that coin. We should just focus acquiring high volume altcoins.
I think that is the basic if we want to trade. Because at least new people who want to do trading can know which one have bigger risk between trade top coinmarketcap coins or low rank coin which is like what OP said that might have no volume trading.
sr. member
Activity: 798
Merit: 250
Vave.com - Crypto Casino
January 15, 2020, 02:36:33 AM
It's back to square one if you are holding a coin or token for long term and finally altcoin season comes and the token or coin surge in value but has no trading volume on exchange, all your efforts and pain while holding is total waste, do not hold tokens or coins that have no demands, real use cases are what makes them very demanding
Maybe that coin is already dead by now, or someone hoard to much number of units of that. But I think it is already because it is deas by now. Whether the coin is still circulating even it has a low price , you may see the volume on it, it strange that your coin has no volume in the market, sooner or later I think it will be delisted tol in the market.

Now many tokens like that have been on the market for a long time but the volume on the exchange did not exist, surely it will eventually disappear in the market because it will be deleted on the grounds that the daily trading volume is inadequate.
I will not hold a token with a low volume because it is risky that someday the altcoin season will dump again and it will have no value.
Yes it is true, that holding tokens with low volumes is more risky and it could ultimately end up costing us and I personally would prefer to invest in top coins rather than coins with low volumes because I personally do not want to taking too much risk which could later be bad for me and I prefer to play it safe.
sr. member
Activity: 1456
Merit: 359
January 14, 2020, 09:29:35 PM
Avoid that kind of altcoins which do not have high volume, my focus is the altcoins that in the top 20 in coinmarketcap. Those are the coins with have the highest daily volume. I can considered those altcoins with low volume as one of the garbage coins. There are no volume because there is no interested to that coin. We should just focus acquiring high volume altcoins.
jr. member
Activity: 214
Merit: 3
January 14, 2020, 05:51:09 PM
In 2019 when the price of BTC went up to 13k USD, many altcoins never made it beyond doing 50% - 120% pump. So I don't think it will make much difference in price if BTC goes beyond that in 2020 but I agree that the low volume will not matter if the price increases as no one to sell to
newbie
Activity: 70
Merit: 0
January 14, 2020, 04:05:18 PM
And that's exactly why you shouldn't be going for price, but for value. Choose the industry you are interested in and try to look for real solutions that solve some real problems. For example, my latest discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion
hero member
Activity: 938
Merit: 501
January 14, 2020, 12:51:13 PM
Today the altcoin market is becoming colder. Investors do not focus on altcoins and only focus on bitcoin because halving is coming. I see a lot of good altcoins and the quality is still working as due to market conditions so their volumes are not as good. If you choose a good project and invest, I am sure that when the market returns, all the good altcoin volume will increase. Don't choose low-quality projects because today poor-quality projects are dying because the team doesn't have any updates.
hero member
Activity: 907
Merit: 500
January 14, 2020, 12:38:18 PM
Holding token/coin for too long and seeing that the market is green yet there is no trading volume of that token/coin in the market is so disappointing and depressing. Such coins can be considered as trash coins and are not worth holding. No such good project will come to that point unless that project failed and are not even true from the very beginning.
If the platform of the project is running and the developers are working their way to the best to give value to the project and it seems that they will fulfill their promises and still the coins is pending to gain the value then waiting for more longer for that coin is not bad but will give a good profit to the holders in the future. While if the developers of a project are escaped and none of them come to interact with the users of the project then holding that coin may not give enough profit but an altcoin season can give some pump if the future of the coin is still doubted. There are other coins the developers of which are declared as scammers their coins are just the useless shitcoins.
full member
Activity: 887
Merit: 100
January 14, 2020, 12:33:58 PM
I can feel that, so from now on don't always depend on tokens like that. usually such tokens will not last long in the market especially the problem of trading volume. we can see that many new tokens generated in 2018-2019 have high sales value but have no trading volume at all. this feels very annoying to me personally.
hero member
Activity: 1470
Merit: 502
January 14, 2020, 12:27:26 PM
If the price was too high but having not enough volume there might be a wrong thing there because a low volune implies that there are no real buyers or the oump was been heavily manipulated. ignore those pumps unless you can make or know how to make profit on it.
sometimes there is a restriction on prices or there is manipulation too. but it needs further investigation to find out, because there must be a reason behind it.
but for me it is better not to invest in it because a small volume can happen dumping quickly too.
member
Activity: 798
Merit: 14
January 14, 2020, 12:21:44 PM
Exactly, if a token price surges and no one is buying the token is a waste of time for holders. What moves the market is liquidity and volume on exchange. If a coin has no volume price will definitely fall back to where it is.
hero member
Activity: 1386
Merit: 504
January 14, 2020, 12:14:21 PM
If the price was too high but having not enough volume there might be a wrong thing there because a low volune implies that there are no real buyers or the oump was been heavily manipulated. ignore those pumps unless you can make or know how to make profit on it.
member
Activity: 736
Merit: 11
January 14, 2020, 11:32:30 AM
yes, if I'm in a position like that it is very sad because it can be said that the long wait is only in vain. and that is why the main reason, why I must always renew my altcoin investment, because anyone even including me personally also does not want to save coins that ultimately do not have trading volume.
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