Does Trading Volume really matter ?

[ChiNgadOr]

As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Trading volume also a big chances for traders to take a spicy look on alternative project to trade especially for many of the new project in the market. The believe is that the high the trading volume for a coin or project, the chances for the coin to be able to move well in the market.
Trading volume is very important to traders that is why if we take a look at Bitcoin and Ethereum, they usually have one of the highest trading volume almost always because of the huge adoption of this coins.

[deathcode]

As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.

[LUCKMCFLY]

As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.

Well in my personal opinion the volume for me says all the information of the trading, in the crypto world if we go to the specific case of Btc it is very obvious that the volume is not consolidated, it is something very difficult to achieve and the exchanges do not do it to do, so sometimes one must do analysis with the exchanges that handle the most volume, however, in part I feel that sometimes some gambling is done if we trade like this, because it would be betting on luck and not on reading the volume com It should be, but still several analyzes can be done with some accuracy, but not as it should be, so far I have not found any platform with the consolidated volume.

As far as I know, trading volume really matters but of course, it should not be fake.

This volume attracts a trader and that's the start of a possible big pump.

However, we should be careful and not just rely volume when choosing a coin.

Yes, in my opinion in trading, transaction volume is only one of the important indicators to pay attention to besides price.
Volume can give more significance to price movements and show them more meaning regarding future movements and the overall trend.
Volume will also show whether the coin is healthy or not and how liquid it is in the market.
The more popular and also the more liquid, the potential to be a good investment.
But we must also have a strong understanding of the market history and its statistics and be careful of fake volume manipulation.

As I have said before, the one who knows how to read the volume well can determine all the movements of the market, that is, he will be the scholar who will never make a mistake in the market, of course we must take into account that the volume is not consolidated, this it is something that can subtract, but in general terms with a high volume exchange you can do many things and obtain good results.

[AakZaki]

~snip~

making mistakes in market analysis is still possible, because there is no analysis that goes 100% according to what we want. people who can read volumes and also do some technical analysis using the tools provided will certainly be better off. not just a volume reading. In general, exchanges with high volumes will be more active because more investors are starting to enter to trade, but you have to be careful because price fluctuations are also getting faster.

[Luzin]

but you have to be careful because price fluctuations are also getting faster.

But I believe the majority of people will choose to trade on exchanges with large volumes. Because this is one of the indications of the trading exchange it is used by many people and trusted. Large fluctuations are also one of the factors, for scalpers to quickly seek profits. Although I once traded on a small volume exchange, the fluctuations were very slow and it was detrimental. Because we have to wait longer for the coin to move up. So Big volume I think is very important.

[Captain Corporate]

Large fluctuations happen in lower level exchanges a lot more. In those exchanges you end up with a low volume, meaning there aren't that many people who could stop you, so you could end up buying and selling while impacting the price and that is why it looks to be so profitable. Big ones are a bit more towards making sure that you are doing the legit way which basically would be buying and selling properly without changing the markets all that much. You just hope that the thing you bought because TA showed promise would end up going up as expected so you could sell for a profit.

[AakZaki]

But I believe the majority of people will choose to trade on exchanges with large volumes. Because this is one of the indications of the trading exchange it is used by many people and trusted. Large fluctuations are also one of the factors, for scalpers to quickly seek profits. Although I once traded on a small volume exchange, the fluctuations were very slow and it was detrimental. Because we have to wait longer for the coin to move up. So Big volume I think is very important.

scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.

[Altryist]

scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.

Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

[Sokoloau]

Trading volume is an important factor for a project, it indicates the popularity of the project and can attract traders to trade there. The transaction volume will also be manipulated, and the project party will create false transaction volume in order to attract more investors. Therefore, choosing a project should not only rely on the transaction volume, but also learn more about the project to ensure its authenticity.

[Strongkored]

does it really matter much ?

Trading volume really matters for the project, because with it it will make it easy for you to sell or buy, but volume does not illustrate that the project is legit because it is still possible to be manipulated either by developers or big holders to influence the market so that he can take advantage when prices have gone up, still cautions and do your own research

[Ryker1]

does it really matter much ?

Trading volume really matters for the project, because with it it will make it easy for you to sell or buy, but volume does not illustrate that the project is legit because it is still possible to be manipulated either by developers or big holders to influence the market so that he can take advantage when prices have gone up, still cautions and do your own research

Well with the support of the community this volume will happen, there are two possible identifications of whether the volume is fake or not. Because new projects usually have price manipulation and did not support by the community, because for me --volume does not quickly affect the project, it needs time that organically the volume to grow not in just a matter of days. So yes --volume really matters in a project but we need to be careful in choosing which is has a legitimate one.

[Peanutswar]

scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.

Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.

[awik p]

scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.

Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.

for trading in the short term, tokens with small volumes are not profitable, because price fluctuations are very high and it is difficult to use technical analysis. but if we invest, maybe we will get multiple profits, but the risk is also big because many projects with small volumes suddenly disappear from the market. therefore first identify our goals in placing capital

[Chainsmokers]

scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.

Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader.

Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily.

for trading in the short term, tokens with small volumes are not profitable, because price fluctuations are very high and it is difficult to use technical analysis. but if we invest, maybe we will get multiple profits, but the risk is also big because many projects with small volumes suddenly disappear from the market. therefore first identify our goals in placing capital

right now it's very difficult to see trading volume determine whether the coin is worth investing in, because we know FTT is a top altcoin which does have a large trading volume like BNB,
but FTT went bankrupt and dropped to -99%, yes from this case of course we know that trading volume in the cryptocurrency world cannot be the benchmark of a project, so invest wisely.

[coinerer]

A coin's trading volume indicates how much that token is traded .If there is a huge amount of traders for a token then it is normal for the trading volume of that token to also be huge. But a coin cannot be judged by its trading volume.  Because there are many tokens whose trading volume was millions of dollars per day but after a while it became a scam . But there are many tokens whose trading volume is small but in one phase it has occupied a very good position in the market. so trading volume is not a big matter

[goldkingcoiner]

I've only started noticing the Trading Volume stats on my favourite projects. I am a little intrigued as to what this exactly means, does it really matter much ? Some lesser known projects like Yield Yak have barely $4,000 in Trading Volume, yet the TVL is something like $50 million, whereas a better known project like Raydium has a Trading volume of more than $6 Million, with a TVL of only a little more than triple the TVL of Yield Yak  ( $160 Million TVL )
I'm also surprised that some lesser known gaming projects like Vulcan Forged have a high trading volume , whereas others ( like Axie Infinity ) have a relatively low trading volume.
The way I interpret it right now ( correct me if I'm wrong ) is that trading volume is high when an ecosystem is very active and adoption is growing relative to other projects, so it's a good indicator to buy into that project.

OF course trading volume matters. The lower the trading volume, the less you will be to liquidate your coins/tokens at a moments notice. In fact, if you are making big trades, you might not even be able to sell. Or at least not for the price you want to.

Also low trading volume is an indicator that there is no interest in the project behind the investment. A dead/unpopular project is never a good sign.

Not to mention that low volume makes it very easy for whales to manipulate the market by introducing their own rogue market-making strategies which will only damage the project further.  

Also, how do you trust for example, TVL, if their trading volume is so low but their market cap is so high? Something sketchy seems to be going on there. Seems like a red flag to me.

[Pandu Geddon]

A coin's trading volume indicates how much that token is traded .If there is a huge amount of traders for a token then it is normal for the trading volume of that token to also be huge. But a coin cannot be judged by its trading volume.  Because there are many tokens whose trading volume was millions of dollars per day but after a while it became a scam . But there are many tokens whose trading volume is small but in one phase it has occupied a very good position in the market. so trading volume is not a big matter

I am sure the problem is not in scam coins or not. This relates to trading analysis which I think will be very important when a trader pays attention to trading volume when placing their money on a project, or starting a trade.
especially for those day traders, of course, the first factor that might be noticed is the daily trading volume. where traders can see the potential for day trading or long-term investing.

[AakZaki]

right now it's very difficult to see trading volume determine whether the coin is worth investing in, because we know FTT is a top altcoin which does have a large trading volume like BNB,
but FTT went bankrupt and dropped to -99%, yes from this case of course we know that trading volume in the cryptocurrency world cannot be the benchmark of a project, so invest wisely.

Large volume cannot be a benchmark that is always correct. We'll see in the past, LUNA had a large volume but eventually went bankrupt because the founders were incompetent in managing LUNA, and now it's happening again at FTT. everyone will be at risk of experiencing the same thing, we really have to be prepared with the assets we have. Crypto has a high risk, loss is a risk that must be borne alone. Trade according to the rules and according to Technical Analysis. Doing research will also be very important.

[Awwal08]

In trading some of prediction fail because you will see a particular coin increasing in volume but all of a sudden you will notice it disappear. I once bought a coin  which later disappointed me, to me truly the trading volume don't matter.

[kzkazu]

Volume is important and it is the measure by which most traders trade. The trading volume of a token represents its activity level, and it can also attract traders to trade there, indicating an increase in demand for it, which will also have a positive impact on the price.
There are many projects that falsify transaction volume data in order to attract more investors. Therefore, when choosing a trading project, you should consider multiple factors and not rely solely on trading volume.