Author

Topic: influences of the trading volume? (Read 136 times)

legendary
Activity: 2394
Merit: 1276
Heisenberg
March 30, 2020, 05:38:45 PM
#11
Also sometimes, random market movements or volatility can influence the volume. Whern there seems to be less price changes, the volume is usually low compared to if there is a sudden price drop or surge. This is because most stop losses are triggered which leads to a cascade of events such as panic selling or FOMO by traders
newbie
Activity: 5
Merit: 0
March 29, 2020, 05:10:49 PM
#10
indeed, that just seems to me. thank you for the info.
hero member
Activity: 1806
Merit: 672
March 29, 2020, 03:31:29 PM
#9
how to know what influences the trading volume of a cryptocurrency over 24 hours?

Technical analysis is the only answer here and I don't think you have any other options left beside that and the news that can also influence the demand for the market both of which are the best ways in terms of accurately predicting the volume it will have. Although technical analysis isn't really about predicting the traded volume of a cryptocurrency I think it's a better way to do so since if you have predicted the price movement right you know what kind of volume it will have together with that price action. As for a source of information I think tradingview's webpage for each crypto like BTC or ETH has a good way of providing analysis from other members part of their community.
newbie
Activity: 5
Merit: 0
March 29, 2020, 12:54:46 PM
#8
Well , thank you very much for your responses and your time .
legendary
Activity: 2772
Merit: 4110
March 29, 2020, 11:08:07 AM
#7
The statistics provided by many platforms for many cryptocurrencies "with small market capacities or that are traded on specific platforms" are considered inaccurate, therefore relying on it gives misleading results and thus losing your money.
Trading bots can create fake trading volumes and thus will directly affect the price.
If the coin is listed on a small number of platforms, you risk losing your money.

As a general, do not depend on them.
sr. member
Activity: 980
Merit: 260
March 29, 2020, 10:04:38 AM
#6
Okay thank you for these details.
Your point number 2 is a little worrying lol ..
I think investing in Masternodes,
do you think this choice is good for speculating with the rewards?
Or is it better to do that in passive payment?

Passive income in my opinion is always safer but considering that the returns are much lower for this form of investment it is all up to you and how much you want to take this calculated risk of yours. However, given the expected rise in crypto due to the halving event this time might actually be ideal.
newbie
Activity: 5
Merit: 0
March 29, 2020, 01:15:46 AM
#5
Okay thank you for these details.
Your point number 2 is a little worrying lol ..
I think investing in Masternodes,
do you think this choice is good for speculating with the rewards?
Or is it better to do that in passive payment?
legendary
Activity: 2170
Merit: 1789
March 29, 2020, 12:53:51 AM
#4
Some of them:
1. Numbers of traders who are interested in those coins due to various reasons, either technical or news-related articles.
2. Exchanges bots who use that coins to inflate the volumes.
3. A market marker that got paid by exchange or a coin itself to keep the liquidity high by creating various buy/sell orders up to a guaranteed volume each day.
4. Bitcoin price action. Some alts gains volume when Bitcoin is rising or in sideways.

There are a lot of sources to find news-related articles, and for bitcoin price action you can see it on various market cap websites. As for predicting the volume, it will be more or less the same as your daily/weekly technical analysis.
newbie
Activity: 5
Merit: 0
March 29, 2020, 12:43:12 AM
#3
yes excuse me I read myself and it is not clear.

What are the elements which influence the volume of exchange and negotiation of a cryptocurrency?

for example: yesterday the volume of Horizen was $ 2,500,000 million in 24 hours, today $ 3,700,000.

 is it possible to know why?

are there places to have relatively precise information and make a kind of forecast?
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
March 29, 2020, 12:29:48 AM
#2
Hi all,
my questions is the following ,
how to know what influences the trading volume of a cryptocurrency over 24 hours?
 Is there a source of information to find out?

I didnt understand you very well.

If you want to find trading  volumes you can just check https://www.coinmarketcap.com

You will find trading volume across all exchanges and by ex changes for all cryptocurrencies.

Many things influence trading  volume  but you cannot be sure. For example,  even corona virus or oil crisis influences the volume.
newbie
Activity: 5
Merit: 0
March 29, 2020, 12:11:16 AM
#1
Hi all,
my questions is the following ,
how to know what influences the trading volume of a cryptocurrency over 24 hours?
 Is there a source of information to find out?
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