Bitcoin Forum
November 05, 2024, 03:18:50 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 »  All
  Print  
Author Topic: Low volume coins good for investment now?  (Read 2180 times)
Atang Sulaeman
Full Member
***
Offline Offline

Activity: 910
Merit: 101


View Profile
May 16, 2021, 02:55:22 PM
 #181

actually there are so many coins that are low in price for your investment, you just have to choose it in each market, choose the one whose transactions are in medium volume 24 hours, but the risk is that you will get a long time of profit and even loss if you do the calculation.
SacriFries11
Sr. Member
****
Offline Offline

Activity: 882
Merit: 253



View Profile
May 16, 2021, 03:34:47 PM
 #182

There are many tokens currently available that you can buy on the BSC network. tokens at a very low price. such as for example SHIBA and also the successful Safemoon experienced thousands of percent increases over low times of scale. but you have to be more careful in choosing because now there are so many potential scam tokens so you yourself have to be more selective in choosing.
Yes, due to being hype by the social media platform and the supporters of riches people these tokens goes to moon already. I don't think its already ended and tokens like this are being center of investors that being exit in just small period of time with quick profit since they already buy or joined to their presale. Low volume means that the token has less  transactions and have small investor's and traders coming in and I don't like it but still depends in the project. Big volume means that there will be a possible pump coming on the way.

BYBIT reddit                  █▀▀▄▄▄█▀█
            ▄▄▄▄▄█▄▄▄▄  ▀▀▀
    ▄▄▄ ▄▀▀▀          ▀▀▀▄ ▄▄▄
  ▄▀  ▄▀    ▄▄      ▄▄    ▀▄  ▀▄
  ▀▄ █     ████    ████     █ ▄▀
    █       ▀▀      ▀▀       █
     █     ▀▄▄▄▄▄▄▄▄▄▄▀     █
▄▄▄▄  ▀▄                  ▄▀
█▄▄█▀▀████▀█▀▀██▀█▀█▀▀██▀█▀▀▀███▄
████ ▀▄██▀▄█ ▀ █▄▀ █ ▀ █ ██ █████
████ █ █ ███ ▀▄█▀▀▄█ ▀▄█ ██ █████
▀███████████████████████████
█▀▀█
           ▀▄        ▄▀  ▀▀▀▀▀▀▀


.
SPOTS & DERIVATIVES
TRADING
.
24/7 CUSTOMER
SUPPORT


.
LAUNCHPAD /
LAUNCHPOOL
.
NFT
MARKETPLACE

 
▄█████████████▄
█████████████
█▄███████████
█████████████
████████████████▄
█████▀████▀ ▀ ▀████▄
██████████ ▀▀▀▄████
███████████ ███ ████
██████████▄ ▄ ▄████▀
█████████████████▀
█████████████
██████████▄██
▀█████████████▀
.
.

MOBILE APP
FOR IPHONE
& ANDROID
█▀▀▀▀











█▄▄▄▄
.
MOST RELIABLE
TRADING PLATFORM

GLOBAL // 2020
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
                                             █
                       ▄▄▄▄▀▀▄▄              █
        ▄▄▄▄▄███▀▀▀▀▀▀▀▀ ▀▀▀▀▄ ▀▀▄▄          █
   ▄▀▀█▀▀▀▄▄ ▄ ▄▀▀▀    ▄▀ ▀ ▀  ▀▄▄ ▀▄        █
  ▀▄ ▐▌▄████████▄▄ ▄ ▄  ▄██▄█▄▀██▄█▄ █       █
    ▀▀████████████████▄█▄▄██▄▀███████▄█      █
     ▄▀████████▄▀█▀▀▀▀▀▀▀███▀▀▄▀██▀▄████     █
   ▄██▀▀    ▀▀▀▀███▄     ▐█ ▄▄█▀█████████▄   █
  ▄█▌              ▀██   █▄▀▀▀ ▐▄██▀▀▀ ▀▀▄▀  █
  ▀▀                      ▀▀    ▀            █
                                             █
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
Pelana vreo
Member
**
Offline Offline

Activity: 744
Merit: 10

Syntrum.com


View Profile
May 16, 2021, 03:51:04 PM
 #183

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?
I'm sure you did your research and have confidence that the token will give you profit over a long period of time, all forms of crypto investing are risky, but you can minimize that risk by choosing a new project with a larger trading volume.
There are many portfolios to choose from and you can choose more coins to avoid losses and earn profits

██████████████ ███████ █│     S y n t r u m     │     JOIN NOW     │█ ███████ ██████████████
►   Blockchain Infrastructure for DeFi, Gaming and NFT   ◄
██████████████       |       Twitter       |     Telegram     |      Medium      |       ██████████████
int03h
Full Member
***
Offline Offline

Activity: 532
Merit: 104


View Profile
May 16, 2021, 03:54:14 PM
 #184

I usually look at the technology of crypto before investing. Good crypto if not listed on a major exchange will still have low volume.
I would like to suggest you the Lamden project. This is a blockchain with smart contract implementation, NFT, DEX(AMM). Lamden's transaction speed is very high and the cost is low, stable, tunable through voting by nodes and delegates. This project will launch a bridge to ETH soon.
Lamden's trading volume is only about 100,000$ per day and is listed on TxBit.com
I think if you invest in the long term, you should learn about this project because it may explode in value in the future.
covfefe_
Full Member
***
Offline Offline

Activity: 950
Merit: 105


View Profile
May 16, 2021, 03:57:31 PM
 #185

Volume doesn't matter much. It is a common understanding that low volume coins could be easily pumped and dumped but you can never be sure of it and you won't know exactly when to enter and exit. It would be better to stay away from that approach. Even on established coins, not everyone of them would become like bitcoin, it's not just the supply or difficulty in mining one but also the trust of community and merchants that gives a coin it's value.
Fredomago
Legendary
*
Offline Offline

Activity: 3150
Merit: 1054


Leading Crypto Sports Betting & Casino Platform


View Profile
May 16, 2021, 05:23:29 PM
 #186

The idea I did is invested like small money (50$) in some small coins... And you really need one to do good. I got 20k Doge couple of years ago for some change money and look how good it did. But most of those coins don't do well, have that in mind.
Wow, this is amazing, because with 20 thousand Doge coins at this point someone can become a very rich millionaire, because in the past Dogecoin was really not worth anything at all so many people throw away Dogecoin without saving it at all.

The mistake which most people made is that they invest more in the low volume coins and if the coin did not perform well, all their investment is at a risk. If these low cap coins dump, its really hard for them to recover. Low cap coins can give you good return but invest very little portion of your money in them.

You need to know this and you need to analyze your movements, decide if you are fully convince about the future of this kind of project, you said it right if this coin will not perform you are stuck and trapped, while if the coin pumped up then the benefits is really huge, the value are carried by the support coming from those investors who trust the development and usages of the project.


actually there are so many coins that are low in price for your investment, you just have to choose it in each market, choose the one whose transactions are in medium volume 24 hours, but the risk is that you will get a long time of profit and even loss if you do the calculation.

So many coins to choose and so many information that you can read about the project, taking time to analyze and observe is very
importan, you don't need to rush things out, risk is more higherso better to take time and review your move.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Benefactor
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 504



View Profile
May 16, 2021, 05:36:08 PM
 #187

This implies nobody even exchanges those coins and those coins can undoubtedly be controlled. The value you are seeing right presently perhaps siphoned by somebody who purchased the coins before. The coins that waited at low costs actually are consistently the place of interest for low cap beginner brokers. That is a snare that the amateur merchants ought to figure out how to stay away from.


       ▄▄███▄    ▄███▄▄
     ▄▀▀    █    █    ▀▀▄
    ██    ▄▄▀    ▀▄▄    ██
    ▀▄▄▄█▀▀        ▀▀█▄▄▄▀
  ▄▄█▀█▄              ▄█▀█▄▄
▄█▀     ▀▀█▄     ▄▄█▀▀     ▀█▄
██          ▀█▄▄█▀          ██
▀█▄     ▄▄▄█▀▀  ▀▀▀▄▄▄     ▄█▀
  ▀█▄▄▄▀▀            ▀▀▄▄▄█▀
   █▀▀▄▄▄            ▄▄▄▀▀█
   ██  ▀▀▀▄▄      ▄▄▀▀▀  ██
    ▀▄     █      █     ▄▀
      ▀▀▄▄▄▀      ▀▄▄▄▀▀
.
.cogwise.
  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
.Hyper-charge your trading with intelligent insights.  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
█████  ▄▄▄▄▄  ▄▀███████
█████  █████  ██▄▀█████
█████  █▀▀██▄▄▄▄  █████
█████  █▀▀▀▀▀▀▀█  █████

█████  █▀▀▀▀▀▀▀█  █████
█████  █▀▀▀▀▀▀▀█  █████
█████  ▀▀▀▀▀▀▀▀▀  █████
███████████████████████
▀█████████████████████▀

Gaaara
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 501



View Profile
May 16, 2021, 05:52:41 PM
 #188

Low volume coins are kind of scary to invest into since low 24h volume means less trades happen daily, if you ever get a profit it would take long if that profit is too high. For example you investment increased for 10-40% it would take some time before selling it all and the reason behind that is having a low volume.

It happened to me where I got a 30% increased of investment only to lose it while my coins are still in order then eventually I just cut the profit in half to sell it on the price offered.



  MOCKTAIL  -  THE  FIRST  SEMI-FUNGIBLE  TOKEN  ON  BSE 
        WEBSITE        WHITEPAPER        SMART CONTRACT        TWITTER        FACEBOOK        TELEGRAM        ANN


Ghondronk
Member
**
Offline Offline

Activity: 356
Merit: 14

https://exiptoken.io/


View Profile
May 16, 2021, 06:24:27 PM
 #189

Low trading volume is not a good measure in making trading decisions. One of the basics of crypto-trading is DYOR which says Do Your Own Research prior to make an investment. Anyone can make a new coin on daily basis but most of those can get disappeared from the market quickly. Hence, read the whitepapers, articles, expert views, learn how to analyze the curves, graphs, trend lines, etc. and make the decision by your own as it's your money. 

EXIP PROJECT
A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
────────  Whitepaper ⬝  Twitter ⬝  Telegram⬝   Facebook ⬝  Medium    ─────── 
ahmia39
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 251


Trident Protocol | Simple «buy-hold-earn» system!


View Profile
May 21, 2021, 12:43:03 PM
 #190

The mistake which most people made is that they invest more in the low volume coins and if the coin did not perform well, all their investment is at a risk. If these low cap coins dump, its really hard for them to recover. Low cap coins can give you good return but invest very little portion of your money in them.
True, some people are overly confident in coins with low market cap, so they often pose a very dire risk, because when dumps occur on coins that are low market cap, their asset value can be 0 in a matter of days.

kapalmabur
Sr. Member
****
Offline Offline

Activity: 2002
Merit: 250


View Profile
May 21, 2021, 01:43:58 PM
 #191

The mistake which most people made is that they invest more in the low volume coins and if the coin did not perform well, all their investment is at a risk. If these low cap coins dump, its really hard for them to recover. Low cap coins can give you good return but invest very little portion of your money in them.
True, some people are overly confident in coins with low market cap, so they often pose a very dire risk, because when dumps occur on coins that are low market cap, their asset value can be 0 in a matter of days.
That is we need to learn to read the market because after all that is important,
And if you don't want to take big risks, maybe you can invest in promising coins like btc, eth, and bnb,
what is clear in conditions like today we need to be careful in making decisions
Expecto
Member
**
Offline Offline

Activity: 980
Merit: 12


View Profile
May 21, 2021, 01:50:02 PM
 #192

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?

I'm not sure of it but I most probably wouldn't trust that kind of coins easily. Besides, there is no guarantee about what can happen when. For example, I don't trust it but later I can see the price increasing a great deal or vice versa.

Trinx01
Member
**
Offline Offline

Activity: 297
Merit: 40


View Profile
May 21, 2021, 02:11:53 PM
 #193

I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.

vabchgent
Sr. Member
****
Offline Offline

Activity: 840
Merit: 251



View Profile
May 21, 2021, 11:54:12 PM
 #194

I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.

The lack of liquidity doesn't allow you to exit the investment at ease. You are stuck in a worst case scenario and you just can't get rid of the coins and sell. I wouldn't trade those coins as it is extremely frustrating if you can't get the money out and really are forced to wait.

             ▄▄██████▄
         ▄▄████████████
   ▄▄█████████▀▀   ▀████
 ▄███████████▄      ████
████▀   ▀▀██████▄▄▄████
████      ▄███████████▄
▀████▄▄▄████████▀▀▀████▄
 ▀███████████▀      ████
 ████▀▀▀██████▄▄   ▄███▀
████      ▀███████████▀
████▄   ▄▄█████████▀▀
 ████████████▀▀
  ▀██████▀▀
█████████████████

     ███

██████████

     ██████

███████████

     ███████████████

███████████████████
█████████████████

███     

██████████

██████     

███████████

███████████████     

███████████████████
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████▀███████▀   ▀▀▀▄█████
█████▌  ▀▀███▌       ▄█████

████▀               █████
█████▄              ███████
██████▄            ████████
███████▄▄        ▄█████████
█████▄▄       ▄████████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀    ███████

███████▀▀▀   ▄▀   ███████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
█████████▌▐       █████████
██████████ ▄██▄  ██████████
████████████████▄██████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
███████▀           ▀███████
██████  ▄██▀▀▀▀▀█▀▄  ██████

█████  █▀  ▄▄▄  ▀█  █████
██████  █  █████  █  ██████
██████  █▄  ▀▀▀  ▄█  ██████
██████  ▀██▄▄▄▄▄██▀  ██████
███████▄           ▄███████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀  ▀     ▀  ▀███████

█████▌             ▐█████
██████    ██   ██    ██████
█████▌    ▀▀   ▀▀    ▐█████
██████▄  ▄▄▄   ▄▄▄  ▄██████
████████▄▄███████▄▄████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
sedahan13
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
May 22, 2021, 05:26:10 AM
 #195

Low volume trade of coin is mean a little bit people have interest for that coins. If this old coin , that mean the delopment is not good because after long time should be more people have interest with that coin. But if that new coin will be still have potential because currently little bit people know it, and we now should do more research about the fundamental, the team and the purpose of the project. But low volume trade of coin will be more risky to trade because of high spread and high fluctuacion.

│▌██████           C O M P R O   F I N A N C E           ██████▐│
The DeFi Way of Synthetic Assets & Trading
│   TELEGRAM   │    TWITTER    │     REDDIT     │    MEDIUM    │
Smitty Werben Man Jensen
Full Member
***
Offline Offline

Activity: 1568
Merit: 100


COMBONetwork


View Profile
May 22, 2021, 05:43:40 AM
 #196

I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.

The lack of liquidity doesn't allow you to exit the investment at ease. You are stuck in a worst case scenario and you just can't get rid of the coins and sell. I wouldn't trade those coins as it is extremely frustrating if you can't get the money out and really are forced to wait.
Such is the risk indeed if we trade coins and after all, facing such a situation is not easy,
that's why we need to be patient and it's not as easy as what we talk about,
but if you don't want to lose, of course you need to wait

bigjuk
Full Member
***
Offline Offline

Activity: 1088
Merit: 102



View Profile
May 22, 2021, 05:52:55 AM
 #197

I am not a fan of a coin with low volume within 24 hours, it just means that the coin is not popular and there are only a few people who are buying it, so for sure you won't gain profit from it. the number of volumes represents how good the coins is, if it is not having a huge amount of volume then it would be better if you just ignore it and focus on other coins.
It's true, the amount of volume is an important thing to look at and also something to really consider because from the volume of the coin everyone can find out how many enthusiasts buy the coin, so we will be more optimistic when we have it.

Republikcoin.com
Legendary
*
Offline Offline

Activity: 2926
Merit: 1104


Leading Crypto Sports Betting & Casino Platform


View Profile
May 22, 2021, 07:51:20 AM
 #198

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?

Gambling on small coins is really fun, but we shouldn't get carried away with emotions to give these coins high hopes. A very small volume is very difficult to survive because of the small community. This could be the trigger for the coin to be quiet and starting to be abandoned.

Then, if a miracle happens to the coin, then you will get a big profit. You will be able to easily multiply your money to 4x or even 10x with low volume shit coins. This will only happen if a whales starts pumping the coin.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
no-ice-please
Hero Member
*****
Offline Offline

Activity: 955
Merit: 500


View Profile
May 22, 2021, 08:57:56 AM
 #199

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?

Gambling on small coins is really fun, but we shouldn't get carried away with emotions to give these coins high hopes. A very small volume is very difficult to survive because of the small community. This could be the trigger for the coin to be quiet and starting to be abandoned.

Then, if a miracle happens to the coin, then you will get a big profit. You will be able to easily multiply your money to 4x or even 10x with low volume shit coins. This will only happen if a whales starts pumping the coin.

It is also a question of how much you want to invest. If you have a low volume coin with thin order books there is simply no way to build up a substantial position. Neither can you get out again if you hold a large bag. That's the advantage of the coins with bigger volumes and market capitalizations and that is why for institutional investors coins like Bitcoin or Ethereum are the number one choices. Imagine you want to liquidate a billion on a small cap coin.
Cappex
Member
**
Offline Offline

Activity: 571
Merit: 11


View Profile
May 22, 2021, 09:06:33 AM
 #200

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?
coins with a low volume could make it impossible to sell or buy because the spread could be too high, but buying one of these gems if it turns out to be so I think it could change your life.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!