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Author Topic: Good trading volume doesn't mean a token is good  (Read 801 times)
ttcsalam
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December 12, 2019, 02:58:52 PM
 #161

Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I share with you my similar opinion. Because there are so many coins. Where I see that the volume is good but it has nothing to do with the price increase. Reducing the price hike depends on the trading of investors.

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December 14, 2019, 04:58:49 PM
 #162

Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I didn't think that people were so naive that they thought that the volume of a coin told you if it was any good or not, we have seen many coins in the past get to some huge market cap, popularity and volume and then disappear when it was confirmed that they were scams, this reminds me of all the people that think that a project is good just because they got profits with it and they think a project is bad because they lost money with it, that kind of thinking doesn't really make a lot of sense.




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December 14, 2019, 06:24:30 PM
 #163

we can not decide a good coin/token only on its volume trading. We have to decide base on its tech, community, users, solving what problem...


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December 16, 2019, 11:08:45 AM
 #164

Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
For me a project that has a real use case will have advantages over the others and investors will also prefer to invest in the project than in a new project that only repeats what other projects have already delivered.
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December 16, 2019, 11:20:49 AM
 #165

Altcoin good certainly has a high trading volume and is listed on large exchanges as well.
It is not possible for large exchanges to accept altcoin if there is no good capability to register in the bourse.
If altcoin has a small volume even though there are real users if there is no progress then it will slowly become rubbish.
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December 16, 2019, 11:54:22 AM
 #166

Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.

I think the token that has a large transaction volume indicates investor interest in the token. If told to choose to invest in tokens that have large and small volumes, of course I will choose tokens that have large transaction volumes because this signifies liquidity
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December 16, 2019, 12:18:18 PM
 #167

What makes a coin to be a good one is more than just good volume, though good volume is important to the success of a coin but we should not forget that we can get good volume through some kind of HYPE. A good coin must have  use case.

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December 16, 2019, 02:51:20 PM
 #168

Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
but trading volume is very influential friend. tokens will last long and can even go up if the trading volume is high. because the price will be determined based on the total supply and circulation of its supply, everyone who will buy will definitely see that. so the trading volume is very important, and simple again is if the token has a high trading volume, it means there are many interested people there and the chances are good coins. if you are talking about real use cases, do they really exist now? crypto is still in the stage of digital investment assets, not yet there.



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December 16, 2019, 03:01:29 PM
 #169

Most people will see volume as sign to get transaction, now you can see volume become clearly parameter for trade/ invest purposes. If you don' see from volume which factor that we can use? price is relative, release in good exchanges some token/ coin become scam because has no volume. I suggest you avoid that opinion because can broke your realistic mindset, stay safe with volume is better.
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