Since Coinmarketcap added Liquidity to its indicators, you can see a lot of tokens with enormous daily volumes have no liquidity at all. Is it even worth to invest in this kind of tokens? Does that mean that most of the volumes are fake? Thanks for the answers.
Yes most of those volumes are fake. Even in past there were many exchanges found guilty of falsifying their daily trading volume and this affects users a lot. Many a times when I was new in Crypto I used to buy coins for arbitrage, but on many exchanges I wasn't able to sell the coins that I brought and this made me lose money many a times,because when I transfered my coins to the exchange with a high price then those were unable to sell just because of no demand at all for those coins.
Agree. Most coins listed at regular exchanges use fake trading volumes and cannot be liquidated if you want to sell. I think this is the case that anyone will encounter when investing so it is best to learn that exchange before deciding to invest because the risk may come to you at any time. Of course shitcoin investing will only make you more losses during this time.