n0tailbg
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April 13, 2021, 11:47:37 AM |
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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?
An interesting article "How to Build a Cryptocurrency Portfolio on a Student Budget" was recently published, there is a list of coins that a student can even afford;)
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Kunnu
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April 13, 2021, 01:57:34 PM |
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I would not say that low volume altcoins can't be beneficial if an altcoin has various use cases and it looks perfect on technical and fundamental basis but still it has low volume it's mean people aren't much aware about it from time to time when people will knowing about it then its volume may increase so basically we must focus on those altcoins which are capable in both technical and fundamental ways no matter if it has low volume the capability of a good altcoin may become a good strength to increase its volume in future.
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lobo13hf
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April 13, 2021, 02:49:24 PM |
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There are no hard and fast rule in this case. My opinion is if the project in question has an MVP and follows its roadmap to an extent, it's worth keeping in the bag
I do agree with it but again keeping your eyes in the development progress of project is not enough to make you can still hodl your bag. You will have needed to see the project to create various partnership and bring its ecosystem to be even bigger than before. Remember that when a coin got low volume and that could have various reasons to happen. Investing in the low volume coins are not always working perfectly even it has a good development and roadmap
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criket
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April 13, 2021, 02:56:23 PM |
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It is very very very risky, if you invest in such low 24hrs volume coin, it is very likely you would lose all of your capital,because such coin may turn into a dead coin at any time. No circulation, no value.
it is risky. but if it is a new project which is only a few hours after release in exchange I think there will be different considerations. we have seen several projects on the BSC network as well which are cheap, even though the trade is not that big. but after a while, the token became popular and made a pump. I don't know what kind of analysis should be used. but we have seen it happen in several BSC network projects.
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Cling18
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April 13, 2021, 02:56:44 PM |
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If you're just beginning, I would suggest you invest with a well-known and potential coin so you'll have a basis or background about its possible movement. There are lots of shitcoins with a low volume these days and I must say that they aren't risk-taking and you might only have regrets in the future.
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Simian Finance
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April 14, 2021, 07:29:53 AM |
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Well, this account represents one of such coins.
It's risky to invest in such coins because the market cap is usually low and any trade volume will have a high price swing in either direction.
I do recommend investigating the usual things like fully diluted market cap, is it rug proof, top wallet holding percentage, inflation rate, has it pumped recently.
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MonaLeeTracy
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April 14, 2021, 07:35:32 AM |
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Almost now all bitcoins have increased quite high. choosing an altcoin with a low market cap is quite risky for now, especially if it is still a new project and is still in the development stage. My advice is to trade in market conditions where the voterity is high enough as it is today to be able to get a profit. because if you invest when the bull market is quite risky. Keep using your strategy and money management
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prehisto
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April 14, 2021, 09:11:07 AM |
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Defintely low volume coins could make you rich , but the risk is very high there. be very careful researching them, they could be scam coins. I think that i would look for working product which has been forgotten, but still with active community.
One of those coins is NEBULA AI, i suggest reaserching it.
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poodle63
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April 14, 2021, 09:49:29 AM |
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Even high volume coin doesn't mean it is good for investment, they can go down too. I prefer buying coin with low marketcap, it still have opportunity to become a high marketcap coin later. But of course, we need to make sure the coin is not scam first or we will lose our money.
It's true, both high and low volume of coin is a good investment. Investing high volume coin not totally promise us to maintain its value and gain high profit because we know the fact that there is no stable value in crypto market. There is always possibility that it will go down. While investing low value coin makes us save because the amount is not totally high. Best thing to do is wait and hold it until the value boost up just make sure also to know the background and every updates of the coin you're holding. The problem with low volume coin they could easily get delisted and therefore no future for the coin, with popular, high volume coin it's hard to get delisted moreover if their volume keep getting higher and higher but low volume coin could turn your dollars into thin air and I don't agree that low volume coin is good investment because they obviously aren't. low volume coin, could easily get abandoned by the developers aswell if they see no future in their project. It's just really risky and sometimes the profit you can get doesn't worth the risk. Low volume coin could get pumped and up thousands percent but so does high volume coins.
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Nivia1st
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April 14, 2021, 03:12:22 PM |
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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?
the risk is too great to invest in coins with a daily volume below 100k USD. so it's best not to try to buy coins like this, you will regret it later. even though in the end you get a profit, the time it takes is not proportional to the profit you get. I personally like to invest in less popular coins, but volumes below 100k are not the criteria for my portfolio. and maybe you can do the same as I do.
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Rana590
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April 14, 2021, 03:55:30 PM |
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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 you will take such kind of risks where a lot of good and potential crypto currency are available for investment? You can go for STC which is one of the potential altcoin. You can invest on Doge, BNB also if you want to earn good profit.
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Republikcoin.com
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April 14, 2021, 05:11:25 PM |
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Why you will take such kind of risks where a lot of good and potential crypto currency are available for investment? You can go for STC which is one of the potential altcoin. You can invest on Doge, BNB also if you want to earn good profit.
Taking serious investments can sometimes be boring (IMO ) , and when a person has bonus money or residual money that does not affect the economy and emotions when he loses it, it is worth trying to buy coins at low prices and small volume. This could potentially earn us huge profits in the most unexpected times, and won't make us poor due to the allocation of unused money that went into buying these strange coins. The principle that is suitable for buying coins with high risk like this is, always use money that does not affect your financial condition if you lose it. This is almost the same as gambling, but it is a type of investment. It's just that the level of risk that must be prepared is greater than investing in top coins.
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konflikkastil
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April 14, 2021, 07:25:23 PM |
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I do not think it is a good thing, but thinking of other things it could be one of the tiniest thing to think of when it come to investment. When you look at a volume of a coin in the past 24 hours or few days. It must have a reasonable higher amount to determine whether people are buying or selling the coin. But when the volume is very low, it cause for alarm. And it is a signal to just one thing, the high risk of not getting a good profit. Low volume coins can be a gold mine sometimes, depending on the project and the team behind it. When the team is able to see good investors and things goes well. In no time the volume will skyrocket and everybody will be happy.
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Tellek Garing
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April 14, 2021, 07:35:36 PM |
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buying coins with low volume is too risky and maybe between 100 coins only 1 coin will suddenly experience a pump, so it's better to stay in a safe position, I mean keep investing in coins that have large volumes to avoid losing a lot of money Note: many coins with low volume suddenly is dead
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tabas
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April 14, 2021, 07:41:33 PM |
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buying coins with low volume is too risky and maybe between 100 coins only 1 coin will suddenly experience a pump, so it's better to stay in a safe position, I mean keep investing in coins that have large volumes to avoid losing a lot of money
They're hoping that someone would pump that coin and will make them rich. That's a very hard choice for those who have this kind of strategy. Note: many coins with low volume suddenly is dead
Yes, and if somebody buys out of nowhere, they're happily going to buy and FOMO from it.
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tygeade
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April 14, 2021, 08:45:10 PM |
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buying coins with low volume is too risky and maybe between 100 coins only 1 coin will suddenly experience a pump, so it's better to stay in a safe position, I mean keep investing in coins that have large volumes to avoid losing a lot of money
Yes you are right. I'm just wondering why people are considering to invest with low volume coin. Coins will get low volume when it is not attractive enough for the investors and traders. When people are ignoring it will be having very low volume. When other people are ignoring, why should we invest in such coins. It will be always a better practice to invest only into highly reputed/established the coins like bitcoin because by this way we can be sure about making good profits even in short-term and in long-term there should be definite profits.
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tbterryboy
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April 15, 2021, 08:19:03 PM |
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buying coins with low volume is too risky and maybe between 100 coins only 1 coin will suddenly experience a pump, so it's better to stay in a safe position, I mean keep investing in coins that have large volumes to avoid losing a lot of money Note: many coins with low volume suddenly is dead
Not just 100 coins; only out of 1000 coins, there would be a possibility to find 1 good coin with low volume. Low volume must be the significant indicator to avoid that coin. Because, any potential coin will be having good volume so that it means many investors and traders are interested on that coin and hence it is getting decent volume. Personally I will never touch any low volume coins because in my opinion investing into such coin is completely suicidal.
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GrosWesh
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April 15, 2021, 08:23:12 PM |
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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?
Keep in mind that an asset with little volume is also easy to manipulate ! And therefore, if you make a profit you will have to secure quickly enough (because you can lose big very quickly too). There is always a whale swimming around!
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cafee_orange
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April 15, 2021, 08:25:15 PM |
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it may be that it will generate large profits and can also make buyers experience losses if it is not based on understanding reading Market charts. because in my opinion buying a low-volume coin is only possible, first you can get a big profit and secondly, you will lose all the assets someone has if you don't do a more detailed analysis.
In essence, coins with low volume do not have a lot of interest in the market, because if there are many enthusiasts, the volume is definitely large because trading through buying and selling is always alive on these tokens, so in this case it is clear that someone will lose if someone chooses a token with a low volume. How come ? I more believe those who are interested in low volume tokens will get a big profit, for example the holders of BTT, Vidy, aoa before the high prices like today. maybe they will make a big profit
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drwoo
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April 15, 2021, 08:54:11 PM |
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Low volume gives you a hell of a spread which in turn means costs to you. Sometimes it can be attractive if you know something others don't. You can place your orders relatively low as those who want to dump will go for it no matter how much they crash the price. Usually though it is bad as you can't get rid of the coins either when you want to.
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