What Volume will a coin have for it to be a good coin

brushtooth

member

Activity: 90

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Quote from: ePesoInitiative on February 08, 2018, 01:19:09 PM

The right volume would be north of 3,000btc per day. But that already means you'll be buying much more expensive than the early buyers. So you're at the risk of a hype volume which might drop down back to 100btc per day.

What's so special about 3,000 btc and how does a higher volume indicate you'll be paying a higher price? Let's take bitcoin for example, we've seen some of the highest volume in recent weeks but the price has been very low compared to in December.

ePesoInitiative

sr. member

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The right volume would be north of 3,000btc per day. But that already means you'll be buying much more expensive than the early buyers. So you're at the risk of a hype volume which might drop down back to 100btc per day.

rumexx

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There is no volume that can be used to identify any good coin in the market. If a coivolume n was raised to produce a product which is useful the coin will always do well because people will still need the product of that coin and the trading on that coin will continue. From my experience coins with massive volume will always remain low. example Doge coin.

kindbtc

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The more the volume the more the volatility and the more trading opportunities we have, just look the volume of the top ten coins and you will realize why high volume is important.

walterw

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It depends not only on the volume, but also on many other factors, so that a coin has success. To succeed, the coin must be created by an experienced team.
In addition, a good white paper is necessary and of course the use of the coin. Diversity is also an important factor for success.
Nobody wants to buy the same benefit from a coin with a different name. It also depends on the sector for which the coin is created.
There are sectors (insurance companies) where success can be achieved very well.

HBKMusiK

full member

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Quote from: Excellence91 on February 08, 2018, 09:38:00 AM

What trading volume will a coin have for it to be a good trading coin?

There is not a standard volume that has to be archieved for a coin to be a ''good trading coin'', a good project has a nice team, a whitepaper, some listings on exchanges.

Excellence91

newbie

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What trading volume will a coin have for it to be a good trading coin?

Topic: What Volume will a coin have for it to be a good coin (Read 135 times)