Low volume coins good for investment now? - page 10.

jjdub7

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

In most cases, this type of coin is in the phase of extinction in my opinion, but still it is not necessary!

I think that in most cases it is more indicative of the development of a coin, what is the price compared to Bitcoin. If it falls against BTC, it would mean that it is devalue and there is no point to investing in it. At least that's what I think.

cryptoserega

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Quote from: shinratensei_ on April 01, 2021, 08:27:24 AM

Quote from: coinmaster241 on April 01, 2021, 05:16:42 AM

unless it's a new project, it's only natural that volumes are very low.

FYI, even if the new project was popular enough and it can always get very big liquidity. All in crypto is about FOMO and no more. When you are creating a new project but you can't attract so many investors and speculators to be a part of your community to support your project and this will give you a result your project has very small liquidity.
It's not even a natural thing as how big your liquidity when your coin gets listed totally depends on how good your effortt to attract the supporters to support your project.

I agree that project must have a good liquidity. Now on the cryptocurrency market there are a lot of speculations. For example now there are such platforms like https://www.qoiniq.com/ that allow to trade on different exchanges simultaneously and this increase the liquidity.

Cryptocurrency market is developing very quickly and a lot of new opportunities appear.

Now many cryptocurrencies are used only for speculations. That is why theire are so many exchanges. I think that such tools like https://www.qoiniq.com will be useful for traders.

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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 wont take a risks of buying low volume coins. Its just means that low trading volume means traders dont consider this coin as a good potential one. Choose those coins that has a high trading volume, it was actively traded in the market and there is a greater chance of gaining profits than those who have low volumes that needed to be push up by their own devs and teams.

Farma

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well, in that case, it's best to avoid things of little interest. however, if the volume increases were small within 24 hours and happened continuously, I would not choose the coin unless it was really popular. you should find information about the coin before buying it. sometimes a small volume change indicates that there is less interest in the token. but that's still my opinion.

Ridwan Fauzi

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

Investing on altcoin that still has a low price and low volume will make you like a gamble your money. You bet that the price will up, indeed when the price is going up then you will get high profit even more than a half your capital. It is otherwise when its price just decreasing, your fund will fall a half.

I guess that is a bad idea for investing even for trading. There are so many coin that worth to make as your investment even for your trading plan. It doesn't matter the price is already high like $100 or $50 because you will get a huge profit as well when your prediction is going good and the risk that will you get is very low.

bct-user

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If it is about dump and pump, it may be better for only taking profits for a day trading, but for investment, no, I will not do it because it is too risky with the low trading volume. If for investment, I will refer to top coins

Well, actually we may not be interested only in the hype. But we must also see the fundamentals of the coins whether they are precious or not. or even they are worthy for investment or only for short trading

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

If I personally don't have a problem with high or low volume, because the most important thing is the product and project of the coin, so if indeed the project has a good idea and product, then of course the coin is worth it to be an investment and when the coin becomes popular, then the volume of coin will definitely increase, so I am sure the price of coin will increase very high too, because if the coin has a low volume and the volume increases, then the price will definitely increase immediately, therefore I think investing in coin that have a low volume is very good if the coin has a good idea and product too, so that the coin is worthy of being an investment, because the price will definitely increase very high and give you a big profit.

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

For me, low volume coins is not a good choice for investment, there is a possibility of a pump if we HODL. But don't forget there is a possibility that
low volume coins will become dead coins too and we will have a hard time selling them. So avoid investing in low volume coins, especially investing
in ZCL I strongly discourage. There has been no progress from ZCL since 3 years ago after successfully reaching the ATH price. This indicates that ZCL
has a very low demand, don't be regret like I bought PHB in 2019. And until now there has been no sign of a pump, this is the terrible investment
in low volume coins.

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Quote from: Fatunad on April 01, 2021, 05:28:27 PM

Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

Low daily volume isnt a solid indication for you to get in with the market because if we do try to compare low volume into low cap then they are totally different.
There are people whom do invest with low caps which is considerable but same goes with this where it is really risky because low cap or low volume does signify
less interest but there are instances where these coins been pumped out and this is where people do really hope for it to happen but if you are a person
who doesnt really like to take risk on risky things then better not to proceed on.

It finds for me more comfortable choosing low market cap coins rather than choosing low market volume. Seeing those volumes is an indication that only a few traders making use of this coin for a trade and it is harder for us to move our money and reach our target.
It is preferred to see more activities, huge market volume, and we can say that trading with this coin is more alive. It is really boring to keep waiting when the price gets high to make the sell.

wheelz1200

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

For the most part I'd stay away. Alts on dead exchanges even if there are some decent ones only end up dying anyway. For the most part I'd steer clear and wait until volume over a sustained period happens. I'm not talking a flash pump.

Fatunad

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

Low daily volume isnt a solid indication for you to get in with the market because if we do try to compare low volume into low cap then they are totally different.
There are people whom do invest with low caps which is considerable but same goes with this where it is really risky because low cap or low volume does signify
less interest but there are instances where these coins been pumped out and this is where people do really hope for it to happen but if you are a person
who doesnt really like to take risk on risky things then better not to proceed on.

Handsome Boy

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

in my opinion it's too risky, so you better look for coin that already have a high volume, because the risk is smaller than you invest in coin that have a low volume and in my opinion it's better if you invest in coin that are already in the top 100 on coinmarketcap, because the volume is already high, so the price will definitely increase and give you a lot of profit.

batang_bitcoin

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

It can especially if you have that coin at the lower price. It's just a game numbers for which you have only to consider the price you've bought and the price you're going to sell. But with such low volume coins, it's a no for me. There is a bigger chance that your money will float there for a long time if the price doesn't move because there's not that much volume. I wouldn't take risk and luck with that kind of strategy although I know a lot of investors do it.

devollito

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Be carefull with low volume coin. If you wish to buy an altcoin or token. Make sure :
1. It is listed on big excchanger ( 2-3 big exchanger ) more exchanger listed is better
2. Low volume coin could make the big gap between buy and sell on exchanger ( could make an instant lose for buyer )

My advice :
1. If you want hunt good potential coin buy coin with big volume but still small matketcap if you compare to simmiliar project.

Grim149x

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

It can be a hit or miss but I prefer investing in the long run on coins which I have a lot of trust on (including the owners/admins).

danherbias07

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There's always a chance for any crypto even with low volumes.
What you must endure is looking at the exchange.
Even if you put a sell order, it might not even move and it's prone to you being played with it.
Long-term? Yes, there is a possibility it might end up a good one. You'll never know about that because we cannot see the future, but if the team markets it quite well then why not.

Mauser

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I like the idea of looking for low volume traded coins which are not so mainstream at the moment. There was a huge capital inflow into crypto currencies over the last few months. While the main alt coins still have room to improve and rise, we should look for alternatives to invest in. Low volume traded coins usually mean that there is a bigger spread between big and ask prices which could be taken advantage of by a good trader.

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as different trader or investors manage with the distinctive on entrance, market might be so helpfull on trader comes with preparedness on complying with work on tasks with evaluation as more to follows with decision on applying limit of funds on exchange with the request of returns on expectation.

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Quote from: coinmaster241 on April 01, 2021, 05:16:42 AM

unless it's a new project, it's only natural that volumes are very low.

FYI, even if the new project was popular enough and it can always get very big liquidity. All in crypto is about FOMO and no more. When you are creating a new project but you can't attract so many investors and speculators to be a part of your community to support your project and this will give you a result your project has very small liquidity.
It's not even a natural thing as how big your liquidity when your coin gets listed totally depends on how good your effortt to attract the supporters to support your project.

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Quote from: 7deadlyBTCIN on April 01, 2021, 01:13:18 AM

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?

That still possible but unlikely different from huge trading volume coins where we can easily make a buy and sell.

This is what I put in mind in trading. As long as there is a market volume and the trading is going up and high without staying long to its position, we can still make a profit with it. Well, 20k is not really small to consider but much better to look at higher volume.

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