Topic: Is it worth buying low-volume tokens? - page 31. (Read 5162 times)
Buying the low-volume tokens, well, it is quite risky. In my opinion, hte volume is one of the standards that I must consider when going to purchase some coins or tokens. However actually, there are also some tokens or coins that offer very potential concept for the future but still having small volume right now. if you really want to buy the token (although low volume), ensure that the token has great potential, ataa least, have good ready products that can lead the price to reach higher in the future for holding.
I think it can absolutely be worth it, providing you do your research carefully.
I noticed this phenomenon. Often someone buys up all the proposed tokens with a small amount of trading (for example, look at SMT on hitbtc this night), and after a few days these tokens go up in price very much. Is it worth buying such a token?
Usually not. it's also very hard to gain a large position and then even more difficult to get out. However if you hit the big one then you will be set up really nice. It's the risk/reward scenario. Big risk/Big reward.
It is not necessary to risk so much, no one promises that this token can not completely fade for the next month, Yes, it can happen, and Vice versa, but when there is such a huge selection of coins, then why put yourself at this risk.
Depends on the type of tokens, really. More often it is so but value of tokens plays here important role too. If the value is high, but volumes are low, it is worthy for buying, this difference allows to earn money on itself and be in plus every time of this doing.
It is worth to buy it when you are confident in the success of this project. Otherwise you will lose your money because it will be scam of shit token.
I noticed this phenomenon. Often someone buys up all the proposed tokens with a small amount of trading (for example, look at SMT on hitbtc this night), and after a few days these tokens go up in price very much. Is it worth buying such a token?
According to me this question has no clear answer, many people talking about buying the coins which supply is low , i think this fact does not matter at all . If your project is good , then it will find a hype surely no matter how much total supply is , the greatest examples of this are Hydro , Eos , Ont have seen very high price though the supply is high.
Question 50: 50. The market throws it in one direction or another. Here as lucky, but you can take risks . Now young cryptocurrencies give X10, X20.
Buying smaller COINS is riskier because they are less liquid. It was the biggest mistake ever made, and the risk of losing all investment was very high.
On the one hand, you are right. Meanwhile, if you look at the rates of these tokens, you will see that they usually grow faster than more expensive and more popular altcoins. Naturally, before investing in these alts, learn everything about them.
Before choosing an investment currency, I think in addition to the volume consider the altcoin that is listed on the exchange, because now the exchange can automatically create virtual transactions to push the volume.
Yes and also No why because is just taking of risk and in this type of a thing all you need to do is just invest what you are capable of losing why because in that terms is either you gain or you lose that's the two things that's there.
depending on whether the token is good or not for the future.
Yesterday I also saw ADT Token at Bittrex which usually costs around 800 ++ satoshi but loses its value to the price of 200 satoshi.
then the ADT entered the Upbit Exchange and the price of the ADT token rose again to 1000 satoshi. chersssssssssssss
Yesterday I also saw ADT Token at Bittrex which usually costs around 800 ++ satoshi but loses its value to the price of 200 satoshi.
then the ADT entered the Upbit Exchange and the price of the ADT token rose again to 1000 satoshi. chersssssssssssss
It is very risky and you should buy these tokens if you're not new to the market and know exactly what you are doing, you need a good supply of money to purchase and time for profit, you may need more than one year.
I noticed this phenomenon. Often someone buys up all the proposed tokens with a small amount of trading (for example, look at SMT on hitbtc this night), and after a few days these tokens go up in price very much. Is it worth buying such a token?
Maybe. The problem with small volume coins is that prices aren't really representative of demand. If someone buys up all the tokens available on an exchange, that suggests that not many other people really want the coin. If the price then shoots up, it will still be a very thin market - say the price becomes 0.1 ETH per coin, that might represent the entire order book, and there would be no chance of making hundreds of ETH by selling up, the most you could get would be 0.1 ETH by fulfilling all orders.
You can try but I am not sure that you could avoid great losses. Volume is too significant in the life of cryptocurrency and denying this fact is very fun.
If you think this currency is promising, you see the potential in it or it carries a technical revolution, but it has low trading volumes, it is definitely worth considering buying it. If it is a dying currency, or it has no potential, then it is not worth buying.
Buying smaller COINS is riskier because they are less liquid. It was the biggest mistake ever made, and the risk of losing all investment was very high.
On the one hand, you are right. Meanwhile, if you look at the rates of these tokens, you will see that they usually grow faster than more expensive and more popular altcoins. Naturally, before investing in these alts, learn everything about them.
I think buying such coins is too risky. Such a coin is played by a narrow circle of people, and you do not know when and how they will play.
It is worth buying the coins but that is only if the coin is good. Some people usually say that low volume coins are more likely to go up in price but in reality it all boils down to the team behind it and the kind of community of investors that the coins has. Make sure you do research into the coin before you buy it though, can't be ttoo safe in this present market.
It is simple low volume tokens is more scarce so the demand and supply will only revolve around a small number of tokens circulating the market and I'm pretty sure most of the people who have it will try to hold it as much as they can to get its price rise(if the project or the token really has the capability to be used IRL).
Buying smaller COINS is riskier because they are less liquid. It was the biggest mistake ever made, and the risk of losing all investment was very high.
Better buy mineable coins, tokens are very risky to own. There are still many mineable coins that are good for mining, for example XMR.
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