Low volume coins good for investment now? - page 9.

jorjeIII

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Quote from: nikita2020 on April 03, 2021, 04:20:42 AM

Unfortunately low volumes coins are good only for speculations because they do not have any practical use.
There are a lot of cryptocurrency exchanges to sell the low volumes coins. Also there are platforms like https://www.qoiniq.com/ that allow to trade different coins on different exchanges at the same time. I think that low volumes coins give a good opportunity to earn money on trading.

This is the reason why many people do not trust cryptocurrency, because it is use only for speculations.
I checked the https://www.qoiniq.com service it allows to make orders from different exchanges at the same time and I think that it is very comfinuent for traders.

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Quote from: Dexion on April 04, 2021, 04:02:02 AM

It all depends on your choice of researching low volume altcoins, you should also be prepared for all the risks involved. use money whose value does not make you frustrated and you are sure you can accept losing that amount of money when you experience a loss (although of course there will be a sense of regret). Because indeed the risk in this type of trading is high

True, a coin with a low volume always carries a greater risk unless the coin is in very small supply and the volume of circulation will obviously increase over time, but this will not be completely safe for coins that supply a lot but volume is still very low.

conected

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Quote from: Dexion on April 04, 2021, 04:02:02 AM

It all depends on your choice of researching low volume altcoins, you should also be prepared for all the risks involved. use money whose value does not make you frustrated and you are sure you can accept losing that amount of money when you experience a loss (although of course there will be a sense of regret). Because indeed the risk in this type of trading is high

- To be honest, I feel that low volume tokens don't really need a lot of research from us because at all times, this form is quite similar to gambling, the most general assessment of these projects is that the team has given up early, unable to take any larger developments and this product is just waiting to be removed from the exchange platforms and disappear. Our investment is only based on a chart of accumulation and expect the whale to pump before these coins disappear, the most troublesome is the poor liquidity and little exchange, not too suitable to waste money

Dexion

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It all depends on your choice of researching low volume altcoins, you should also be prepared for all the risks involved. use money whose value does not make you frustrated and you are sure you can accept losing that amount of money when you experience a loss (although of course there will be a sense of regret). Because indeed the risk in this type of trading is high

JeffBrad12

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Quote from: isaac_clarke22 on April 02, 2021, 02:54:35 PM

I would avoid it if I were you.
I am not even familiar to what Zclassic is, maybe ETH Classic, but anyways I would just stay away from low-volume coins even inside a day of that volume count.
Just go with the top 10 coins, it would save you a lot of time for research.

I think anyone should avoid dealing with zclassic, the era for the fork coin already over, and this time the only coin with a good product that can get so much attention from the investors.
zclassic was another fork coin from the zcash and it will never worth taking the fork coin as an investment because it's alive caused by the hype and fork coin will always become a garbage coin.

So many people have been leaving from this garbage coin. it's too risky to bet into the fork coin which almost die.

nikita2020

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Quote from: maxreish on April 02, 2021, 06:01:08 AM

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.

Unfortunately low volumes coins are good only for speculations because they do not have any practical use.
There are a lot of cryptocurrency exchanges to sell the low volumes coins. Also there are platforms like https://www.qoiniq.com/ that allow to trade different coins on different exchanges at the same time. I think that low volumes coins give a good opportunity to earn money on trading.

Ceyflix-Rez

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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?

They are useless coins that's why such coins have too low 24hrs volume, anything below 100,000$ 24hrs volume is very bad, do not invest in such project, there are some low market cap coins that are doing fine right now for example hologen HOT but it has good potential, also find yourself new IDO/NFT project to invest on, they are hot cakes right now

Kabul

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Depend on your strategy. Those coins are susceptible to pump and dump. So if you buy a coin, and it suddenly claims more than 200-400%, selling instantly is good for profit

However, I do not believe in this strategy because it is too risky. They can climb up, but it can take a month or more, so your capital is stuck. Not a good strategy. Why don't you invest in some NFT project, they are quite profitable with an ascending volume

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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 will never waste my money on useless coin (the low volume coin in 24 hours), usually coins that have low volume is very vulnerable to market manipulation. Never do gambling on shitcoin like this, because the risk you will face are very large.
Try to invest safely, there are so many coins that have a high volume on the market, you still have high hopes of making a profit.

michellee

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Quote from: isaac_clarke22 on April 02, 2021, 02:54:35 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?

I would avoid it if I were you.
I am not even familiar to what Zclassic is, maybe ETH Classic, but anyways I would just stay away from low-volume coins even inside a day of that volume count.
Just go with the top 10 coins, it would save you a lot of time for research.

I prefer to select ETH Classic than Zclassic as I see ETC slowly lift the price. Maybe he can analyze more to find the other coins that will have more potential to increase in the future. But with the price of Zclassic now, he can try to invest in Zclassic, but he needs to make sure that the coin really good to buy at a price now. Do not just follow what other people say before analyzing the coin because we do not know if they are telling the truth. I am sure many coins can be the potential to increase.

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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?

Of course there are risks. Transaction volume will diagnose interest level, popularity, product user base. Most of what I see low commercial volumes suggests that the project is relatively new or does not yet have a specific platform or product of adoption. If you're asked to invest, consider it cautiously. Virtual, fake trading volume using Bot is also very popular. The Zclassic case formed in 2016 but they probably didn't light up the best for user confidence and extended the trending platform. Zclassic is still a noted investment.

isaac_clarke22

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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 would avoid it if I were you.
I am not even familiar to what Zclassic is, maybe ETH Classic, but anyways I would just stay away from low-volume coins even inside a day of that volume count.
Just go with the top 10 coins, it would save you a lot of time for research.

JooBra

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Quote from: Review Master on April 02, 2021, 12:27:39 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?

It's obviously risky if those coins/tokens don't have any kind of real potentials or product development as pump-dump groups will pump those coins/tokens in this bull run to make profits. BTW, if any potential low-capped coins/tokens are going to have major events in the upcoming weeks/months, than it might be profitable by taking risk on that, IMO. As always, DYOR first and investing is risky for any coins/cryptos.

It is risky for sure but there is bigger chance to go parabolic. With big opportunity comes big risks. Trying to find a low cap coin with good base is a real gem those days.

Review Master

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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's obviously risky if those coins/tokens don't have any kind of real potentials or product development as pump-dump groups will pump those coins/tokens in this bull run to make profits. BTW, if any potential low-capped coins/tokens are going to have major events in the upcoming weeks/months, than it might be profitable by taking risk on that, IMO. As always, DYOR first and investing is risky for any coins/cryptos.

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well, i think a coins with low volume will be good for investment
if the developer still active to develop their project buddy

Bitstar_coin

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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?

why would you want to waste time with a coin who has such low 24hrs volume anyways, there are better options in the market to choose from instead of being stuck with a coin that don't have enough buyers to push the price upward, if i where you i won't waste my time with this time of coin because it will be hard to make profit from it except there is a pump and dump group that are ready to pump it.

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Fivestar4everMVP

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I only buy coins with low 24 hour volume if the coin is relatively new and have a good potential, like I don't do trade, I buy and hold for the future, so if a coin has been around for a very long time and still have a low 24 hour volume, it's a sign of failure to me, but if a new coin have a low 24 hour volume, I consider the fact that the coin is still new and the low 24 volume is because alot of people have not discovered the coin yet, or maybe the developers are yet to get the coin listed on a good exchange, so coins like this can make one rich if you are lucky to choose the right one.

Myleschetty

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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?

No, and invest in low volume coin is dangerous because 92% of all altcoins are copycats and highly manipulated. Besides, I check the coin you mention it has been in existence since 2016 and if it still has low volume till now it means the coin is not good as a coin and investment.

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