Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
Morbs
on 14/02/2018, 15:54:29 UTC
The low volumes and low price says it all.

Best reply. Market says a lot about the health of a coin. No one believes the update is coming soon.

Stupid reply.  The price and volume are higher as a few months ago.

For example  :

Date                  Price in $  Volume

Aug 01, 2017   0.078662   72,269

Sep 01, 2017   0.151822   657,400   

Oct 01, 2017   0.124093  93,170   

Nov 01, 2017   0.092434   101,600

Dec 01, 2017   0.090212   225,334

Jan 01, 2018   0.241945   841,308   

Feb 01, 2018   0.177990   706,527   

Today              0.168044   235,795 (allrdy)

So we see the price is much higher as Dec 01 and also the volumes are a lot of times higher then in the past.  But what do volumes say.  As a lot of ppl do not want to sell their Gulden or for a high price there is not a high volume but does that make a coin worse?

A lot of scam coins have a high volume but does that make them good coins?

Veritaseum nr. 43 on CMC has a low volume and also Blocknet nr. 103 on CMC has a lower volume so both bad coins?

If i want i can trade whole day long with very small profits just to get the volumes up. Then do buyers / investors trust the coin more?

I think Gulden shows a good upward trend and think 0.50 is easily possible this year.

100.000+ and HODL   Grin