Daily Trading Volumes?? $$$$$

[airdrop666777]

Hi there Guys, im fairly new to the space and only really got into cryptocurrencies around October 2018 wich all of you might know that is when the last bull run started..

right at this time I had just bought a new computer with a graphics card for the first time in my life and wanted to see just how well the graphics card would do mining some cryptocurrency, so I set off on the journey of learning how to mine cryptocurrencies and discovering the fundamentals of how they worked.  I started out mining small amounts of Verge Coins, and made it to around 100 coins before deciding to try other alternatives, which lead me to this great Forum...

I Quickly realised that this was Where I was supposed to be, and have spent almost every day since then browsing these forums and taking in a lot of information, sometimes I think if it wasn't for this forum I might have never learnt as much as I have so far, and I would really like to say Thank You  to every member for sharing useful information about the cryptocurrency space, and being a very helpful community as a whole!


Since I have been around, I have noticed a lot of really great projects popping up, and have decided to invest in this technology in hopes of having a slim chance at making some decent returns..

I have learnt that its never too late, and what we see right now can possibly be just a small drop in the ocean compared to what is to come. (imay be wrong but I really see a great future ahead!)


I noticed that Bitcoin has been The Big dog for a very long time, and recently noticed that the Daily Trading volume is Extremely high compared to anything ive seen before, i am basing my finding of the well known website CoinMarketCap.com wich shows that in the last Bull run in Decenmber 2018, BTC hit almost 20k USD, and we Acheived a maximum of around $40-65 billion in daily traded volume. Now over these past few months ever since The start of end of March and early April 2019, We can see that the Daily traded Volume far exceeds the previous all time high trading volume per 24h.. sitting at around $60-110b Traded over 24h.


What do you guys think about all this volume? could this be whales getting back into their positions at the low end of the bear market, after cashing out big time in December 2018 Bull run?

I remain very bullish, how about you all?

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[Wolfwar]

I think that in the beginning of 2019, the results of the analysis of Bitcoin and ethereum trade look very eloquent.  First of all, I would like to mention that, until today, the volume of Bitcoin purchases has increased significantly, which enabled Bitcoin to rise to $ 11,000.  cv  it is noticeable that Bitcoin buys more than they sell and here you can make a bold forecast of $ 15,000 by the end of this year.

[Milamol]

The increase in trading volumes indicates large transactions not only investors, but also traders. There are many cryptocurrency trading projects. This increased trading volumes. Although the general dynamics of the BTC price suggests that investors have come.
Now it would be nice to understand when a significant part of investors decide to make a profit. Unfortunately, this is impossible to understand by trade volumes.

[DGulari]

I noticed that Bitcoin has been The Big dog for a very long time, and recently noticed that the Daily Trading volume is Extremely high compared to anything ive seen before, i am basing my finding of the well known website CoinMarketCap.com wich shows that in the last Bull run in Decenmber 2018, BTC hit almost 20k USD,

Btc was hit $20k in dec 2017. You mistyped that.

Who knows? Maybe what you saying is true and bitcoin would be achieve new ATH if volume trade is stable or even keep bigger than now

[Dpat]

The daily trading volume is increased but not in a sufficient mood. This increased volume is only possible for the traders speculation that 2019 will be the bull run. that's why Bitcoin price is increased sharply whereas not seen in the altcoin sectors. So, trade and invest cautiously.