Topic: Low volume coins good for investment now? (Read 2066 times)
low volume and large exchange it makes a good combination for coins can fly high in a short time. but we have to really choose and analyze before plunging into low-volume coins so we can see how the coin is developing
If a coin is having very low trade volume, then there will be a reason for that. In all probability, it doesn't have any real life usage and therefore the trading volumes are low. And in most cases, I wouldn't recommend investing in them. In rare occasions, the promoters may trigger a pump as a result of manipulation and it may take the exchange rates to 10x or 20x the current levels for a short duration. Even if that happens, remember that the ordinary user doesn't know when to sell his stash. So overall, it is not advisable to invest in such coins.
Don't rely on the possible pump that may happen because for me, that's not a reliable approach. It is hard to trust projects with low trading volume, because that means the project is not that strong. And you will find out that the trading movement is quite slow in most of this type of coins. And as you said, the probability that they have no real app is actually true. Because if they have strong support from its supporters, they can easily get a very active trading performance. So in my opinion, better stay away from this kind of project, losing your funds is very high.
just simply showing off some common pump and dump scheme on where do leave you out in the dust but if you do really pursue on dealing with these things then its your choice.
You wouldnt know on what happen next and if youre lucky then it would give out tons of profits and actually there are really people who are really fan of looking with low cap coins
because of this primary motive and some of them do really take out some good hit.
If a coin is having very low trade volume, then there will be a reason for that. In all probability, it doesn't have any real life usage and therefore the trading volumes are low. And in most cases, I wouldn't recommend investing in them. In rare occasions, the promoters may trigger a pump as a result of manipulation and it may take the exchange rates to 10x or 20x the current levels for a short duration. Even if that happens, remember that the ordinary user doesn't know when to sell his stash. So overall, it is not advisable to invest in such coins.
Don't rely on the possible pump that may happen because for me, that's not a reliable approach. It is hard to trust projects with low trading volume, because that means the project is not that strong. And you will find out that the trading movement is quite slow in most of this type of coins. And as you said, the probability that they have no real app is actually true. Because if they have strong support from its supporters, they can easily get a very active trading performance. So in my opinion, better stay away from this kind of project, losing your funds is very high.
NFT is a very interesting moment in cryptocurrency. Already in 2021, a lot of people are talking about NFT! There is a lot going on in the world and this is a really good time for NFT and for the Deedy Digital project!
Deedy is an NFT platform running on the Binance Smart Chain where users can trade, rent out, view, buy, sell, enter NFT lotteries, support and connect with creators.
Deedy Digital offers a solution for enabling a unified and secure blockchain ecosystem for digital content creation and exchange.
The concept behind what they propose is simple:
- Purchase NFTs via the Deedy Market Place.
- Maintain, support and connect with creators.
- Host auctions for NFTs.
- Enter NFT lotteries.
- Take out loans using NFTs as collateral.
- Join virtual art galleries.
- Create and order NFTs.
- Purchase high-value NFTs created by celebrities and verified artists via the Deedy Launchpad.
- Rent out NFTs.
Deedy is an NFT platform running on the Binance Smart Chain where users can trade, rent out, view, buy, sell, enter NFT lotteries, support and connect with creators.
Deedy Digital offers a solution for enabling a unified and secure blockchain ecosystem for digital content creation and exchange.
The concept behind what they propose is simple:
- Purchase NFTs via the Deedy Market Place.
- Maintain, support and connect with creators.
- Host auctions for NFTs.
- Enter NFT lotteries.
- Take out loans using NFTs as collateral.
- Join virtual art galleries.
- Create and order NFTs.
- Purchase high-value NFTs created by celebrities and verified artists via the Deedy Launchpad.
- Rent out NFTs.
If a coin is having very low trade volume, then there will be a reason for that. In all probability, it doesn't have any real life usage and therefore the trading volumes are low. And in most cases, I wouldn't recommend investing in them. In rare occasions, the promoters may trigger a pump as a result of manipulation and it may take the exchange rates to 10x or 20x the current levels for a short duration. Even if that happens, remember that the ordinary user doesn't know when to sell his stash. So overall, it is not advisable to invest in such coins.
Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
I don’t know, I’m afraid to work with incomprehensible coins. However, the main thing is to catch a trend on them. You can work with them. Especially when news about fresh listings is published. They are capable of blowing multiple X's. But this is always a risk.
Low volume coins need good shill to bounce back up, their volume is low because not many are buying so the project has low demand it is, low volume coins are only good in very bullish state if not it's a very bad idea to invest money on them
unless their project manages to get a place to be listed on a high trading volume exchange.but a project like that definitely takes a long time to slowly gain enthusiasm from the market.
we can see how dogecoin used to be. many adoptions but did not increase its value. But when the big exchanges added Dogecoin to their list, everything changed.
Low volume coins need good shill to bounce back up, their volume is low because not many are buying so the project has low demand it is, low volume coins are only good in very bullish state if not it's a very bad idea to invest money on them
I never thought it would be good for investment. but when looking at how shitcoin is very popular in the crypto community. they help shitcoin to grow for the better.
but I would not choose to buy shitcoins or coins with low trading volume. because it shows there is no market power that they have formed. they can grow or disappear.
but I would not choose to buy shitcoins or coins with low trading volume. because it shows there is no market power that they have formed. they can grow or disappear.
I just split my ETH into $VET and $RNB, rentible is my hidden gem for 2021
I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
The lack of liquidity doesn't allow you to exit the investment at ease. You are stuck in a worst case scenario and you just can't get rid of the coins and sell. I wouldn't trade those coins as it is extremely frustrating if you can't get the money out and really are forced to wait.
that's why we need to be patient and it's not as easy as what we talk about,
but if you don't want to lose, of course you need to wait
No you can choose the coins wisely in terms of their liquidity and I would advise to do so. Choosing a low liquidity coin is unnecessary risk you have to bear and maybe even have to pair for if you want to sell your coins.
Just go with a coin that doesn't have low liquidity in the first place. When the market crashes there are indeed coins that lack liquidity a lot if it's not BTC or ETH, but unless you choose a real bull crap coin you should be ok.
Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
coins with a low volume could make it impossible to sell or buy because the spread could be too high, but buying one of these gems if it turns out to be so I think it could change your life. Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
Gambling on small coins is really fun, but we shouldn't get carried away with emotions to give these coins high hopes. A very small volume is very difficult to survive because of the small community. This could be the trigger for the coin to be quiet and starting to be abandoned.
Then, if a miracle happens to the coin, then you will get a big profit. You will be able to easily multiply your money to 4x or even 10x with low volume shit coins. This will only happen if a whales starts pumping the coin.
It is also a question of how much you want to invest. If you have a low volume coin with thin order books there is simply no way to build up a substantial position. Neither can you get out again if you hold a large bag. That's the advantage of the coins with bigger volumes and market capitalizations and that is why for institutional investors coins like Bitcoin or Ethereum are the number one choices. Imagine you want to liquidate a billion on a small cap coin.
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Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
Gambling on small coins is really fun, but we shouldn't get carried away with emotions to give these coins high hopes. A very small volume is very difficult to survive because of the small community. This could be the trigger for the coin to be quiet and starting to be abandoned.
Then, if a miracle happens to the coin, then you will get a big profit. You will be able to easily multiply your money to 4x or even 10x with low volume shit coins. This will only happen if a whales starts pumping the coin.
I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
It's true, the amount of volume is an important thing to look at and also something to really consider because from the volume of the coin everyone can find out how many enthusiasts buy the coin, so we will be more optimistic when we have it. 
I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
The lack of liquidity doesn't allow you to exit the investment at ease. You are stuck in a worst case scenario and you just can't get rid of the coins and sell. I wouldn't trade those coins as it is extremely frustrating if you can't get the money out and really are forced to wait.
that's why we need to be patient and it's not as easy as what we talk about,
but if you don't want to lose, of course you need to wait
Low volume trade of coin is mean a little bit people have interest for that coins. If this old coin , that mean the delopment is not good because after long time should be more people have interest with that coin. But if that new coin will be still have potential because currently little bit people know it, and we now should do more research about the fundamental, the team and the purpose of the project. But low volume trade of coin will be more risky to trade because of high spread and high fluctuacion.
I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
The lack of liquidity doesn't allow you to exit the investment at ease. You are stuck in a worst case scenario and you just can't get rid of the coins and sell. I wouldn't trade those coins as it is extremely frustrating if you can't get the money out and really are forced to wait.
I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
I'm not sure of it but I most probably wouldn't trust that kind of coins easily. Besides, there is no guarantee about what can happen when. For example, I don't trust it but later I can see the price increasing a great deal or vice versa.
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