Post
Topic
Board Altcoin Discussion
Re: Altcoins With Low Trading Volume?
by
pics4crypto
on 06/03/2019, 10:39:53 UTC
Is it very bad if a coin has a low daily trading volume?  The known coins have at least 6 figures or more traded daily at the very minimum.  And of course btc and the top 10 coins are traded in the millions and even billions daily.


If a coin has low trading volume, is that very bad?
In my opinion, That is really bad.
Even that coin may die if it is not supported by their community.
there are several possibilities with this condition.maybe they have no support from investors or maybe this coins have no good plan in future.usually this reason that happened in shitcoins.and we have to avoid this kind of coins.beware with our investment in this market.
I recommend to conduct an analysis of liquidity and competitors ability with similar coins / projects. And then only invest in these projects.