Topic: Trading Low Liquidity Altcoins (Read 714 times)

Well, what's the fun if there are no sudden movements in the market providing short but profitable trading windows to day traders? I mean, I know it's not fun for those trading in the futures market and have longed for certain cryptocurrencies, but there must be some spice in the market all the time, otherwise, it starts to get a little boring. Remember the time after March 2023 when Bitcoin became completely stagnant at around $30K? That was a boring phase, no doubt about it.

That being said, I don't want the market to stop reacting to news and events because I believe that's what makes it fun. However, I know that sometimes it gets too severe and that shouldn't happen, but I think the market is now becoming more mature over time, and public reactions aren't as severe as they used to be in the past.

People who always bet face high risks and with high profits, they have prepared everything including mentally and the money they will lose. Even though they use a small budget, some coins provide extraordinary profits. There are many examples that actually happen, such as $PEPE which was initially very cheap, but with strong community support and a lot of hype, a $1 investment could even generate thousands of dollars in just a few days. This is really crazy, but in crypto everything can happen overnight.

If an asset has a volume that is too low then we must avoid trading it too, and this is because if you decide to ignore the low volume and trade the coin anyway, a whale could always try to manipulate the coin.

But this is a movement that will not show on the charts until it actually happens, so you have no way you prepare yourself for it and sell before it happens, and this implies that even most coins on the market are too risky to trade and must be avoided.

There are thousands of altcoins that already have trading pairs on various exchanges, all in a long list for various categories here:

Top Crypto Categories By Market Cap

Altcoins with low trading volume and low market cap tend to be a trap for investors. Most will just end up being scams and others will fail to develop, but people always bet on luck even if it's only on a low budget. I don't like doing it, but some investors actually get huge returns this way. Of course not everyone will get the same returns as each other, but they can do so at their own risk.

Yes, there are more coins that are more profitable to trade. But maybe the OP has the coins from an airdrop or it's just a trap coin sent by a scammer. You need to be careful because anything could happen. If the coin is not listed on any exchange do not try to sell it, there will be no volume and no profit.

You've got it all mixed up) It's not Jeff Bezos' wife who's going to sell 50 million shares of Amazon, but Jeff Bezos himself - https://www.reuters.com/business/jeff-bezos-sell-50-mln-shares-amazon-by-jan31-next-year-filing-2024-02-02/ In addition, the total number of shares will not be sold at a time, but in equal parts during 2024. Thus, the pressure on the price, which could lead to its decrease, will be eliminated.

Crypto has a liquidity challenge in general, even Bitcoin isn't exempted from this problem. It's not like the traditional market that are very liquid and don't break down on pressure. I'm going to use one for example, Jeff Bezoz wife announced last week that she is going to be selling about 50 millions shares of Amazon, it was intentional and she needed liquidity and the announcement didn't shake Amazon price but if that happen to crypto, you will see immediately that people will start selling.

Bitcoin also has the same challenge. When coins hat are mine many years ago are unlock, people start to panic for no reasons, even if it is as little as 10 BTC, they worry that something is about to happen or maybe even the shorters are always happy about this so they can make money. We need confidence to reduce these challenge and help ourselves so that these market and panic will disappear forever.

You not mentioned the full name of PLSX I found one coin on coinmarketcap is PulseX and it is a DEX platform and this token is not listed on any centralized exchange like MEXC. So if you want to trade this token you need to use DEX and you can swap tokens using PulseX exchange. this token has a market cap of $6.85B and a daily trading volume of over $3M according to coinmarketcap data, but I don't think it has much potential so I'm not in favor of trading it.

Investing in such tokens is a big risk, I agree with this, but for trading they can be acceptable, besides, when a pump occurs on such alts, then during the period of such activity the volumes grow very well and there will be no problems with liquidity either. And for investing, I wouldn’t risk picking up such alts, it’s too risky for me to decide to invest my money in it.

For long-term investment, we have Bitcoin, this is an asset with which I will always feel confident, so why should I create risks for myself that could harm me.

a coin that hasn't listed in cex to be frank, always have that risk of lacking liquidity even for cashing out sometime its just not possible thats why investing in altcoin with low liquidity i think is always a bad idea because there's just no guarantee that there will be liquidity, also the devs could remove liquidity they provided anytime.
to be frank here, cex has standard of listing the coin they think deserving to be listed, and im talkng about good cex with reputation, if a coin doesn't make it, then I doubt its that good.
at least get listed in a cex and see how things going and then i will try to invest, otherwise if its full blown only available in dex i think i will pass.
because there are simply too many things that could be happening if we invest some big amount to it, rug pull for example, we can't really audit the smart contract by a glance can we?

Despite the fact that you understand the risks that come with trading the PLSX coin, you are nevertheless trying to find a workaround to try to trade it. It may be easier for you to find another coin to trade, especially since the market presents a huge variety of coins to your attention.

For you it's new because maybe you just heard it here but for me, it's not, because I already heard it before. Though yes, we need to be careful on dealing with it because there are talks that the coin is shady and the people behind it have a shady background as well. Maybe this is the reason why they choose to get listed on their own exchange and then on some unpopular ones because it's easy to do manipulations there.

But, I doubt if will they ever get approved if they propose their project to get listed on a better exchange. However if they do, then they might attract more people. This is a wrong initiative though. When investing, we should also consider other factors.

Even if such a project isn't a scam by nature, a token or a coin that doesn't have enough liquidity would barely be able to survive for long or gain substantial value because most people wouldn't be able to trade it and when there wouldn't be much trading volume, there wouldn't be a lot of price increases which is what makes it interesting for investors since they see they can get profit by trading it. An investor would never be interested in trading a coin or a token that is mostly idle.
A lot of newbie investors think that they can earn more money if they invest in coins or tokens that either have low liquidity or a low market cap which are both not the right ways to evaluate the potential a cryptocurrency might carry.

When it comes on trading low liquidity coins then majority of us would really be assuming that once that volume would be lost or be on that minimal side then it would really be that just as good as dead but well as long there would really be those buy and sells in between to those buyers and sellers then there would really be always that having the chance for some massive comeback but of course not all projects or coins would really be able to have that kind of chance on which we know that when it comes to whale influence then projects could shoot up into the moon and as an ordinary trader or investor then there's no way that you could really be able to know on what are those projects on where these whales would be planning on targeting. This is why it wont really be that so easy if you are really that hovering yourself on trying out
to make money on trading low liquidity coins.

I believe that a big player is capable of entering such a project only if he has some kind of insider information. It is clear that in this case, risks will also be present, but in this case he has information that the price will rise, this differs from the trading we are used to, which is built on technical analysis and possibly expectations.

If I decided to trade low-liquidity altcoins, I would not devote a lot of money to it, because I understand the risks associated with such trading. It seems to me that such projects are more prone to scams, so I try to avoid them in every possible way.

it's best to exchange your plsx first to hex in your partner's dex
https://dexscreener.com/pulsechain/0x1b45b9148791d3a104184cd5dfe5ce57193a3ee9 or you can see other pairs, if you have done it, bridge HEX on the pulse network to the eth network, then exchange HEX for eth on uniswap, it's just that simple, you can't go wrong buying it again I also see that PLSX has sufficient liquidity, it's just not listed on many CEXes
good luck guys let me know if you are confused

Yeah PLSX seems like a new coin to me and is for the exchange these should be exchanged very carefully. Not listed on good exchange sites. PulseX presents itself as an innovative platform outlining a new paradigm for decentralized exchange. Leveraging liquidity pools and incentives for liquidity providers, PulseX aims to provide an efficient and profitable exchange solution for PulseChain users. There are own exchange sites and they establish themselves.

But actually its hard to find those low cap coins that have potential to grow crazily since we don't know if there's good action will be done by its creator or if the community member of that project still willing to support those coins.

But if they can able to handle the risk and can afford to lose those capital they put on those low cap coins then maybe its good if they try those since they could experience how to deal with those type of tokens and for sure they can learn a lot by trading those coins. People would try this they should check at least if there's still legitimate people supporting and discussing its further developments also if the devs still alive posting some fine updates on their project.

If you can't find this coin on MEXC or Gate.io exchanges, then this coin was not listed there. Plsx may have been listed in these exchanges but now delisted, but you can still get this coin in dex exchanges even if you don't get cex exchanges. So you can find out how you will be able to swap up from CoinMarketCamp.
https://coinmarketcap.com/currencies/pulsex/#Markets

If the investor is lucky, I'm sure with $10 of capital he can get tens of thousands of dollars. This happened a lot when coin memes went viral at that time. Of course this low cap project doesn't have to be related to Meme Coin, but there are many low cap projects that have potential like this, so again this is just like looking for a needle in a haystack 😅

pulsex itself has an internal market, aka it has its own exchanger, you can trade your coins there.
besides that there are some small exchangers that also accept pulsex.
market exchangers that accept pulsex you can see on coinmarketcap at this link https://coinmarketcap.com/currencies/pulsex/#Markets

Exactly many investors or traders only believe in higher caps or coins that has high liquidity its because tht have the assurance that the coin is safe and they can earn from it, little they know those coins are also come from low caps or started from low liquidity, I personally always keeping on my eye to the coins that has potential of growth, I analyse them based on their paper, and from that I will see if this coin has the potential to grow and to give profit to be, but its not an easy thing as you are like doing a gamble to that coins, not all the time the coins that you see will have the expected potential but atleast you've explored and tried to trust them, don't discourage thoss starting coin because if we keep on doing that and ignoring them as we only want those stable and high liquidity coin then there's no other that will shine again. The more coins out there with good potential, the more opportunity there is to earn.

Not all those people who bought on low caps are total noobs, there are those people who are knowledgeble or old who keeps on trying out to gamble with these low caps and hoping that there would really be some sort of whale that would really be planning or luckily that would be playing out of these projects or coins on which it could really happen on this market luckily. If you do able to make yourself to hit up the right project
then you would really be having potentially those huge possibilities on making huge income or profit but this is rare and could really be done on one shot. This is why people would really be that a fan off on
trying out to invest and throw up some bucks into these kind of projects.

https://coinmarketcap.com/currencies/pulsex/

Is that what you mean? PulseX?
It seems that the largest trading volume is on the platform itself, because pulseX is an exchange platform. Isn't that better than exchanging it somewhere else?

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Hi everyone....in fact, he has explained that he knows the dangers of trading shit coins and he is ready to accept the risks he will face. But many here ban it without knowing what they will actually do with the shit coin. That doesn't mean investing, it could also be because he wants to sell the shit coin.

maybe he bought it from dex not from cex, that's why he had difficulty exchanging it on cex, if I look at dexscener the daily volume on pulsex is quite high I'm not so sure, because it could be just manipulation I've never traded on pulsex so one way he exchanges his money is to bridge assets into the BSC, Polygon, ERC-20 or other networks that have many options for selling them

You shouldn’t trade this coin with so much trouble! You sell it and start trading on top exchange like binance or kucoin. Moreover, you can use vpn to account in gate but it will be risky. You can't find this token on mexc exchange because they have delisted it. However I don't have experience trading the coins you provided as I am very careful with a coin. A good project is always followed by the best exchange.

But there are many potential altcoins in the market you can buy with low price and have hope of winning something big from your trade, when the price increase higher in the future. I believe you know that this altcoin you mentioned is not common in the exchange market and it will put your money in risk that will make you to regret for investing in new project that is not popular in the market. There is no way you will invest in Bitcoin, Ethereum and Solana you will not achieve a good income that will motivate you to invest in another time because their teams are very active to make their traders rejoice.

also even worst when there are so many coin holders waiting to dump but can't because market liquidity too low, then they are just waiting for people to make buy order, then the newbie not knowing that certain coin have so many holder ready to dump just buying it thinking it would rise in the future but it won't and instead the liquidity just gone since the holders just decided whatever money they got they just gonna dump the market because they see no future in it.
so many thing like that has happened to newbie mainly because newbie have relatively low capital and want to score big they resorted to investing in low liquidity altcoin without knowing full well about the current tokenomic of the coin. simply put, bad decision because insufficient of knowledge.

I searched PulseX and found it Coimnarketcap and Coingecko, It is not listed in Mexc exchange so how can find it on this exchange? You can check first your country is restricted in gate.io if not then try to reach their customer support, they are very responsible to help you. PulseX listed many unknown exchanges, 1. safetrade and 2. PulseX exchange may be it their own exchange.

You’re right especially on this case since the OP is pertaining to PLSX(PulseX) which is one  of the project launch on scam blockchain pulsechain by Richard Heart that is a well known scam artist.

This token is a guaranteed pump and dump coin that only benefits the founder itself by using the liquidity of the new investors as exit liquidity. Not all low marketcap project is a pump and dump since it depends on its community on how they will trade the token but on this case, This token is surely is.

This share of use cases and utility is vital for projects to attract early investors. Then with reasonable profits it can also attract investors in the future.

It is very rational regarding low liquidity which is relatively closely related to pump and dump because it can be manipulated by a group of people with a lot of money. Therefore, low liquidity is synonymous with investment traps in my opinion.



The final supply is not a benchmark, because in this realm it especially concerns altcoins which in fact can be manipulated and are capable of printing high prices with a high supply too.

They know one half of truth. It's true that a small marketcap coin can be more easily manipulated and pumped because it requires small capital to pump it. However another half of truth is important, those small projects can be built by weak, incapable team that can not build up good products in a long term. Without good products, good use cases and utility, coin or token from that project will not get attention from investors so no or very little value for it or it will die with time.

High or small total supply is just a number because if that project does not have any value, it does not make sense when you have one token or 1 million token.

It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.

Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.

Correct. This may be a special concern or consideration when having funds and allocating them to altcoin investments to avoid large losses. Hype coins are tempting, but the risks are also very big. It is better to invest with a small profit but the risk is also low, but you need to be reminded that altcoin investment is a high risk investment.

Buying on altcoins that are not clear enough will have a small possibility of being able to pump again.
The first pump is Hyped made and those who enter early will exit with more profit.

We can see how memecoin projects continue to emerge by starting at Thousands of marketcaps to reach Millions of marketcaps in a matter of days.

But you have to be careful it will be Rugpull in an instant.
Many get rich suddenly because of Memecoin or hyped coins, but also more people lose and fall into poverty because of damn coins.
As buyers, we must be wise and have fund management, on how much to spend on this altcoin or shitcoin.

This is my biggest reason to stay away from low liquidity altcoins, apart from being prone to being delisted. Low liquidity altcoins with low development are prone to scams or prone to bankruptcy. It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1

These are not good coins at all.

Why are you investing your money in this type of coins? Go to Binance and only invest in those which you had already analyzed and you think that will make you rich one day. Just invest in them and wait for the right time.

Also as altcoins now mostly people avoid and they are going to the big coins if they really in search of them it may be better for them in the future as the market has some level now in a sense.

If PLSX is not found on Mexican exchanges and registration on Gate.io is not possible, I recommend looking at international exchanges or using decentralized platforms such as Uniswap. Be careful due to low liquidity and be aware of the risks when choosing an exchange.

After all, as long as there are altcoins with high liquidity, why choose altcoins with low liquidity?
Many altcoins listed on Binance or other large exchanges are delisted due to low liquidity and no significant trading performance anymore.

Altcoins that were initially hyped when they entered major exchanges will not necessarily survive.
It's better to look for altcoins that are really safe to trade, than to be trapped in altcoins that have poor performance with low liquidity and no development.

When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.

Its a good idea my brother. Trade in small marketcap coins, the coins that have marketcap under 100$ Million. But the projects are very strong. So, it can give us massive profit in the bull run. Because it is easy for market makers to pump the coins that have low market cap.
Such as ARC coin only have 35million capitalization. And its a very good project for long term investment

You cant stop people to make out those kind of steps.Why? they are really that hoping for some 1000x gem and this is through investing into low cap coins. Just like been said that it would really be that a hit or miss kind of investment which it is really that something that could be considered to be gambling i should say but somewhat if you do make out that dyor thing then you might have the chance but since this market cant really be predicted on what are the things that could happen then whether those good projects you had chosen would fly into the sky or would really be just easily rug pulled.
For sure OP is aware or really that on the risks unless if he's a total noob then it is really just that a common newbie goal on hitting those multipliers of their investment or even into those old or veteran ones
then who doesnt really like on hitting those 1000x gems?

Just let them be on what are the things that they would gonna choose in talks about investment, they would really be soon realize on whats worth to invest for long term or whats not.
If you do really want to have that less risk then top coins or even just simply putting on Bitcoin would be the best choice but if you could really be able to gamble
with those low cap coins then its your choice.

@OP, doesnt need to repeat on what those early posters been saying. The link given was indeed precise on where you could really be able to
buy up these coins/tokens.

My first advice is not to invest in these types of coins or tokens. And most of the people face losses by doing them. But if you invest in coins or tokens that have been in the market for a long time, then the matter is different.

If this is a new project, then in a bear market you can buy such tokens, since they can have very good short-term pumps. They also have a chance of listing on a top exchange, but this also depends on many factors and the project needs to be monitored. But it is better, of course, to trade tokens with good liquidity, this is especially important for day trading, and small amounts should be allocated for trading low-liquidity tokens.

That coin PLX, is of low market cap and it is very risky to buy such coin that is not listed in an exchange. Only that should let you know that the coin is worthless and can be used to scam investors of their money. You will end up wasting your time and money, if you buy it.

I will advice you just like other forum members did to stay away from altcoins because their risk is very high and a newbie like you will end up running at loss when you invest in them because you don't know how to go about trading on them. If you have an altcoin, it is better that you sell it and buy bitcoin, as bitcoin is worth investing on for a long term profit. The choice is your to make.

I'm sure it will now hardly be found on the central exchange. try going to pancakeswap or some kind of decentralized exchange there you look for it by contract address if it's a token. I'm sure you will find it. or you can search for it on coinmarketcap or coingecko, there is even a permanent shitcoin list to get info on available exchanges.

don't waste time on shitcoins. but if you have already done it and want to take it off, try going to pancakeswap or another DEX market. I think there you only need a contract address for your coin to get trading, usually the fees are high. Shitcoins are rarely found on CEX because of their low liquidity. but DEX is still widely found.

Your topic doesn't really match with what you are saying here buddy at least let's be more constructive on things you wanna say here because trust me OP am just confused on what I just read so far.

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?

Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin. Usually, people get those coins from Telegram. They said they would pump the coins they shared on the channel and hoped that many people would start buying them. And the pump came.

He should look for other coins from big exchanges such as Binance, KuCoin, Bybit or others. At least, he could have a chance to earn potential coins so he could make a profit. But everything will come back to his ability to analyze the coins.

At times like this, they have to be more careful about the suggestions to buy coins that they get from the sites out there. They will all say that this coin has potential but you still have to analyze it further. You have to look for hidden gems among the existing coins.

It is never a good idea to invest in a small project that is not listed in exchanges, but some people are doing it because of high expectations of profits they have. They mostly believe that when they buy those token that are not yet listed, it will happen that when they are listed and gain more recognition, they will make more money, but no knowing that it involves higher risks because of the project, it may never be listed in any exchanges. Some of the projects were just created to scam people, and if someone is not careful, they will just be avictim.



That is a fact, but some people will hardly listen to the advice. This makes me remember one of my friends who was just new in the crypto space and told me to go ahead and buy some tokens that were not yet listed in any exchange because he saw that one of his friends had a token when they paid him in an airdrop, and the token was pumping at that time. It was not really funny for him because he invested what he could not afford to lose because he wanted to be rich and quickly thought that what he planned would work out. But seriously, he loses over 90% of the money he invested in the project after a week, and since that happens, I don't think the token will rise even a little again. So it is very risky to buy a token that is not listed; it is a very high risk of gambling.

the loss would be instead from high chance of manipulation, an individual who invests in these low cap altcoin don't just expect to make millions out of it but instead just expect to have their money lost because the liquidity is so small and insignificant that a little bit of dumping already such a massive disruption towards the price and added with the fact that some coin might get rugpulled.
just settle with whatever the top 200 coins give you honestly, if you want to trade low cap altcoin be sure its at least around 100 to 200 ranked coin otherwise too much risk involved its like investing into shitcoin, we know more tahn 90% of altcoin will be outright failing, so we can roughly guess that we only have 1/10 chance of successing in our investment, this obviously means we just gonna lose money.

I agree with what you mentioned, dude. Choosing the top altcoins in the crypto market is one of the safest investments that can be considered honestly, because when altcoins are not included in the top coins in the market, at least in coinmarketcap, congecko, or crypto.com, it's a bit difficult to invest because the risk is too high.

That's why, as investors, it is always said here that we should be prudent at all costs, so that the capital that we will use in any crypto assets that we buy on an exchange platform is not wasted.

I do believe that we are going to end up with a huge risk if we keep doing this, doesn't mean that we are going to lose, but the potential to lose will definitely be bigger and we would be taking way too much risk that we do not have to take. It would make sense that it would be better if we could just pick up the higher liquidity coins, it would be harder to make them move, because it would require a lot more money, for some even as much as billions.

If we take on low liquidity ones, that's going to change the situation a lot more, and the result will not be all that simple, since someone with even a few 100k could just make it pump and dump easily, which would definitely crash it eventually if they are not careful with it. So, it would be smart to just avoid that potential and instead focus on the situation at hand, it should definitely be something that will benefit you and everyone in the market if you could just increase the liquidity by being careful and gradually doing it.

I would suggest to trade only those coins which are listed in popular exchanges. Atleast trade those coins which are listed in coinmarket, but if you greed for more and go for coins with low popularity, then there will be huge chances that you will make loss from it. I am not referring to a particular coin, but yes this happens most of the time. I uses almost all the popular exchanges, but unable to find the coin that you have mentioned in the OP.

Because people are expecting a very high price when it’s listed on exchange, that’s why some people prefer to buy coins during ICOs or IDOs, so everyone is always expecting multiples of the amount they invested, but those people are always taking great risks. Lots of altcoins entering the crypto space now are scam coins, most of them just want to take investors money, some of those coins will never be listed on exchange, and some won’t be listed on good exchange, some of them that are listed on exchange will end up dumping the coin on the investors.

I don’t recommend altcoin investment to anyone, but if I see anyone who really wants to invest in altcoin, I will tell the person to invest in projects that have been in the crypto space for a long time and not projects that haven’t been listed yet. Your chances of losing money are very high after investing in projects that haven’t been listed yet. Scammers are always using that strategy to scam people, they will create a coin and pump money to market it, and at the end they will dump the coin.

Maybe the Op got the coin from an airdrop or bounty. If the Op invested in the coin, then he will have been following the project's development on any of their social media, he won’t be here asking questions. If the coin hasn’t yet be listed on any exchange or even coinmarketcap, the chances of the coin being a scam coin is high, but you shouldn’t discourage the OP yet. Miracles can happen. But the OP should be careful when investing in altcoin. That’s just the simple advice that I will give him, it’s left to him to listen to me. I don’t see anything wrong with bitcoin investment, and I don’t know why people are rushing to invest in altcoin.

If what you mean is the PulseX coin, I think you just need to visit https://coinmarketcap.com/ to find an exchange that suits that coin because from some of the advice that has been given by several people before, that is the best advice that you can rely on to the question you asked. Because I see there are many exchanges for these coins and you can easily choose one according to your own taste without having to think hard.

Totally useless, they do not bring half the fun they suppose to bring and that is why we end up with something like a big loss majority of the time. If we are talking about something small, like just a few million dollars liquidity or lesser, there is absolutely no reason to think that would be fine, its definitely a horrible way of approaching it. I think it would be smart to just avoid that in general and could look into something more decent. I believe the bigger the liquidity the better the chance of making a profit, that should be the most important thing. Yes, I get that it may not look like there is going to be something greater, but you need to end up with a better result one way or another, if you take that useless risk, you will lose all your money more often than not.

Why fixate on that coin? Maybe it's a fairly new coin, or just listed on a small exchange. So they only have very small trading volumes. So, why should you trade these coins if it turns out the risks are higher? Did you see the coin skyrocket some time ago and experience the hype? If so, it's better to forget about the coin because usually coins that have passed the hype period and are unable to penetrate top exchanges, then the chances of them surviving will be very small. That means, if you have passed the hype period, it will be very high risk if you just want to enter or trade with this coin. So, be careful when choosing coins for trading. It's better to use an exchange that is top and trusted.

usually in CMC will also be detected which DEX has a volume that can be traded.
But DEXs also don't have good volume and what to expect from tokens that don't have volume and will eventually just become junk tokens?

After all how much OP holds, he has not appeared to date to explain in detail how the Altcoin PLSX held.

I'm not familiar with Plsx, honestly speaking, and it seems that's what I was also looking for when I made this topic. Unless OP is one of the team managers of PLSX and is just hiding himself from another person here in the forum to see the response of the community here in the forum, there will be many people interested in this coin.

Because it's impossible that he doesn't know that there are top altcoins in the market that are obvious and not insignificant and have more potential than that, please And besides that, it will also appear that you will just waste time there, from my observation as well.

If you want to open an account on the so called exchanges you have mentioned, you will have to check that on Coinmarketcap or coingecko to know more about the other exchanges they might be listed. There are so many cryptocurrency project in the market also and you can find out what exchanges have listed them too by checking that online. There are many information we can get from cryptocurrency projects that would enable us to understand what a project is capable of doing and the future of the project whether it is going to last long or not.

But if I may ask, why are you so glued to this coin? I mean what's special about this coin that you can not let it go since it doesn't exist in most exchanges? You know trading low liquidity coins can be more volatile than high liquidity coins because there is a greater chance of making or losing money in a short period of time but the main risks of trading low liquidity coins is that there is a possibility of being unable to sell the coin when you want to sell since there are fewer buyers and sellers of these coins and sometimes it maybe difficult to find someone who is willing to buy the coin at the price you want to sell it. The chances of being scammed is very high because these coins are often listed on small and less regulated exchanges and it could be easier for scammers to create fake coins and manipulate the market. If you think you're ready for the risk, then you can go ahead.

I would not trade anything which is low liquidity in terms of being lower than the top 50 coins on coinmarketcap. In fact, I would even go as far as to say that I would not touch any coin under the top 20.

If something happens and the price drops like a stone (remember LUNA?) then there will be absolutely nothing that you can do in order to stop it, because nobody will be buying your coins.

So you will just get to watch your coin become 0 without any chance of pulling out with a smaller loss. No, you will probably lose everything. I think it is not worth it.

Even lower tire exchanges will not list this type of token. They are mostly scam and I can see your token is from the pulse chain. The owner of the pulse chain is filing a case with the SEC. I can not remember what the charge is but i know it's for fraudulent activity with user funds. The concept of this blockchain is ridicule. They just issued all the available tokens in other blockchains that don't have any real value in the pulse chain. Anyway if you still want to trade that token try to use CMC to find a trading pair or drop a message in their community to get a response from their community admin.

I do not understand why he chose to trade coins that have low liquidity, for my personal view it is a very bad decision and vulnerable to fraud or ponzi scheme, I myself do not know this PLSX coin.
For better security in trade, you better choose a coin that has a large liquidity to make it safer in the trade that is done as in the display of this image, I also suggest that.

But OP if you force yourself, maybe you better find it in Dex to find coins like that, usually Dex is the first market to become a new project market.

What are your reasons for trading with Altcoins that have low Liquidity?
There are many good altcoins to choose from with a lot of liquidity without having to worry about exchanges and such.

Was the PLSX Altcoin obtained from Airdrop or did it buy from the beginning without thinking about liquidity, exchange listings, and how it developed?

Look at the list of top altcoins, that's a lot of volume.



Then why should you trade in Altcoins that will only become useless and have no definite increase in liquidity?

Do you want to trade with such coins?
As you've mentioned you realize the potential risks of liquidity issues etc, still you still want to gamble, make sure to realize that the gamble never works in the training world.

For gate.io they've restricted their KYC in many countries, as far as I know in my early days I did own an account on gate.io, the coin you've mentioned plsx is quite decent I haven't analyzed it but the volume seems to be promising. It's not bad at all, but another concern is the platform itself. I know gate.io possesses some of a decent reputation in the market but still, if FTX can do such shity businesses we cant really trust any of the centralized platforms, the benefit of the doubt can given to the Top names with their reputation.

Plsx seems to be okay, and its daily trading volume is not bad in my opinion. So the only thing that is worrying is that it is not listed on the known exchange platforms here in the crypto market.

If only there were more exchanges where he was listed, even if it was in Mexico, it would have been okay for me, but it's a pity there isn't, so this is what made me think twice, and that's why I hesitated. I hope that before this month he will be listed by another exchange like Mexc.

PLSX this coin i see geta.io This list is not there then why are you thinking of creating an account here to sell these numbers. I think maybe this coin of yours is not that good, you have not clearly mentioned here whether you bought it for profit or not. I think you may have got this coin through a giveaway or airdrop which is why it feels too volatile to sell. But your coin is listed on full DEX, no listing on SEX exchange. So you can sell it using DEX trade if its liquidation is done.

Sometimes I wonder if people find these coins from some obscure forum threads. From my experience, almost every project has a Telegram group and they list where to trade their tokens there. Have you tried to check out their social media or Telegram group for that? One of the projects that I followed from years ago is also still not listed on any major exchanges, but the team listed several DEXes and small exchanges on their group. Obviously, it will be risky, and it is better to just avoid them and wait until they are listed on some tier-2 exchanges.

Of course there are people who bother's the other people of doing that same thing, because most of us know that Bitcoin is the only solid coin here in the crypto world. They can even suggest that you shouldn't buy lots of altcoins and tokens, especially if they are not yet known because their risk might be high.

It's hard to find a hidden gem or a crypto with a very good potential but we can still try our best by reading or researching before we invest. Sometimes it's only about trial and error. So, it's best to use smaller amounts only. If you fail, at least you can only lose less but if you get lucky, you can still possibly earn a huge income.

Nobody bothers you to keep most of your main portfolio in Bitcoin, and at the same time buy several tokens that, in your opinion, can show very good growth, but another question is whether you can find that same token among thousands that can grow so much that it it was worth the time. Tokens with low liquidity are easier to manipulate, this is true, and if you see that in this token there is a manipulator that accumulates a position and you expect that there will be growth, then you can try to take advantage of this, but I would not place high hopes on such investments.

If you are going to trade this or similar coins only because you think you are going to get a lot of profit from it then I would suggest you don't do it because it's not worth the risk that you will have to take. I know that new and unpopular coins have the potential to gain substantial value after some time if they manage to get enough recognition but that doesn't happen with every project and this is why it will be a total waste of your money if the project doesn't live up to your expectations.

So, don't look at the risk : reward ratio of such coins being high and choose them only based on that and go for more secure cryptocurrencies that might not give you that high returns but they will at least stay around and don't have the possibility of a rug pull or the project becoming a complete failure after some time.

You mean this coin? PulseX(PLSX)?

--> https://coinmarketcap.com/currencies/pulsex/#Markets

That's the list where it is on different markets. Not that much with what's listed on that list of where it is on its own market.

With small cap coins, people think they can find hidden gems but they have to gamble with hidden gems that mostly won't make them a fortune but big loss. Small cap coins can be from small developers team with limited resources to build up their projects and don't have good marketing too.

Big cap coins like Bitcoin, Ethereum are safest choices in cryptocurrency market and if an investor can hold Bitcoin or Ethereum, profit will come. Less risk, more safety and profit is like guarantee. They will not find it with hidden gems and risk to lose money through hidden gems is very big.

With small cap coins, small trading volume and big buying or selling order can cause price change a lot. Big investors don't pick hidden gems as their most favorite because of price slip from their big orders.

You should definitely distinguish between "trade" and "invest" here. One of my golden rules is never to trade low market cap coins (I never trade anything under 1 billion market cap). With such coins, the swings can be triggered by very small orders and shoot you out of the market, so they are much more difficult to assess than Bitcoin, ETH and co.

If you like the thrill, you can bet on x1000 leverage with Bitcoin, which will give you roughly the same result.

Is there a reason why you want to trade in this low trading volume coin? it's not even listed on many exchanges.
Usually people who trade coins with low trading volume because they only want to sell their coins because it is the result of an airdrop or when they enter a pump and dump group, because coins like that will be targeted by groups where the way to make a profit is by trading pump and dump, or have you heard or read news about the development of this coin? and hope that there will be a pump that benefits you because you already have the coins.
If you want to be serious about trading and choosing a coin like that will only make you stressed because the movement will be very slow, so I suspect there is something that makes you ask about this coin.

Don't go ahead with low liquidity Altcoins which are shitcoins and I have experience in trading with numerous shitcoins in exchanges ranging from Gate.io, MEXC  and some third class exchanges which is filled with bot manipulation. This is a trap before entering just check the market price and the buy/sell price of these tokens as there will be a huge difference in buying and selling price, reason I am mentioning this here is that people usually think that low liquidity coins have good fluctuation and it can give them quick profits and obviously that comes with a high risk factor but here even if the price increases you will not find buyer to buy shit coins as buy orders will never be even close to the market price. I have even tried other aspects like ETFs but got similar result, better to stay away from these low and low liquidity cap shitcoins.

Try to visit the official PulseX (PLSX) website at https://pulsex.com/. If you take a closer look, PulseX is like an instant exchange similar to Uniswap, but it supports only a few coins. The good news is I saw PLSX/USDC listed there, so you can definitely swap it directly on the original PLSX platform.

Because this coin doesn't have a strong reputation, you should be cautious when holding it. In terms of the 24-hour trading volume, according to data on CoinGecko, it's a bit underwhelming, with over $2 million. I'm not entirely convinced by the available data myself. As a consideration, if you're thinking of buying a "shit coin," it might be safer to get one from well known exchanges like Binance or Okex. I believe it's a more secure and trustworthy process.

I found this coin, traded on safetrade https://coinmarketcap.com/id/exchanges/safetrade/

If it does not appear on centralized exchange, only is available for trading at decentralized exchange, it is risky if you have the token. Because liquidity pools on decentralized exchanges provided by developers, the project team can be rug-pulled anytime. If they do a rug pull, token you have will become zero value.

Rug Pull – Top Crypto Scams & How to stay safe from rug pulls

Where are you from?
Is your nation listed in Gate.io's User agreement as one of restricted locations?
Is you nation written in their ToS, in my quote above?

Because there is more profit when you get into project very early (they usually trade on dex then). By time it's listed on cmc/cg, your potential x is wasted. These tracking sites listing doesn't help with anything anyway, they list anything everything.

It's high risk, high reward kinda thing.

if your coin doesn't even get listed in CMC and the likes will you still invest in it honestly? its shady coin I doubt you gonna make profit, they don't even bother getting listed in CMC where even the shittiest meme coin get listed.
I mean i get it that low liquidity altcoins with its fluctuation might be beneficial for your short term investment but definitely not these meme coin that not even get listed in CMC.
but honestly you can always find such coin in dex, just paste their contract, but if its layer 1 coin, i doubt you will have easy time finding the place to trade.
just stick with quite known altcoin in my opinion, it will fare better in the long term rather than investing into these kind of coin but honestly its up to you.

It's indeed more risk than reward to trade low liquidity altcoins mostly when one has not attained some level of mastery of trading or done well to study up enough, or even explore the wonders of copy trading and AI bots.

It's good to focus more energy on trading better coins with some degree of good returns rather than waste it away at low liquidity assets waiting to fail.

Avoid at all cost, even if there’s a hype I think its not worth the risk.
Why deal with low liquidity, no exchanges exposure and the project is not that popular, that’s too risky for a beginner honestly. If you can’t find that token in any exchanges better not to waste more time by looking on it, instead start searching for a good projects with a good future.

PLSX is also not listed on gate.io trading why do you need to open it if gate.io is banned in your country?

I don't know if you bought PLSX expecting it to be profitable or just got it from an airdrop or something? Honestly, I wouldn't buy a low value token especially with low liquidity, it's more risk than reward.

I see the list of tradable PLSX tokens only on DEX and not on CEX exchange.

Why deal with the small projects that are not even listed in good exchanges?
If you can’t find any and that token is not even listed on Coinmarketcap then better to forget it and just look for the best altcoins that are available in good exchange don’t just waste your time there and don’t be a victim of a scam project, try to look at the top altcoins to convinced yourself.

PLSX not only has low liquidity, but it is not listed on many platforms, which means that you will be limited to the exchange rate on that platform, even if it is low, which is a big problem if it is banned in your country, so focus on buying tokens that are available on more than one platform that you can access to ensure that there are multiple options if the platform suddenly decides not to accept your KYC papers.

PLSX is listed on https://www.coingecko.com/en/coins/pulsex#markets

https://www.coingecko.com/en/exchanges/9inch
https://www.coingecko.com/en/exchanges/pulsex

When you want to traid extremely low cap coins i would reccomend caution as they tend to be scams. BUt there is money to be made aswell so i wont judge.
I will provide 2 really good sites for finding the coins, especially if they are traded on a dex.

https://dexscreener.com/

and

https://www.dextools.io/app/en/pairs

Since its already been mentioned above with those given links which are indeed precise but i would
really be trying out to emphasis about on that centralized platform on which this coin is really that been traded.

https://safe.trade/trading/plsxpls
https://safe.trade/trading/plsxusdt

Just like on the suggestion above that its never been that recommendable on dealing up with these shit things considering
that they are really that being traded into known exchangers as well. Its understandable on why you are really that planning to touch
up these low liquidity coins but if we do try to look up on the risks then i should say that its never been worth to take up the risks
not unless if you do accept it out and could bare it.

No data is available for it on Coinmarketcap: https://coinmarketcap.com/currencies/pulsex/#Markets

Scroll down on Coingecko to see the exchanges it is trading like eToro: https://www.coingecko.com/en/coins/pulsex

Do not waste your time on shitcoins. Avoid.

If you want to trade volatile coins, you can see them on common exchanges like Bybit, Mexc, Binance, OKX and many others. I mean coins among first 500 in marketcap, unlike the one you asked that is not among first 2500 coins.

Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).

It seems I cant open an account with gate.io in my country

I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?