Quote from: kaseygriffin on Today at 04:03:22 AM

Quote from: bitpotter on November 03, 2020, 07:04:15 PM

Quote from: shadowdio on November 03, 2020, 01:33:49 PM

I guess look a coin with high volume and also if the price is increasing then that's a good coin to trade because it will be a quick profit but be careful always watch the price because once the coin is on top it will dump anytime.

Yes, the choice is very sensible. Sometimes the level of fluctuation is also very high. I very often see coins with high trading volume, besides that it can also get fast profits and sometimes it can also make your money run out quickly if you don't pay attention properly.

It is absolutely correct based on the trading volume to choose a good trading pair, I also often use this way to find myself the best trading pairs. Volume is very important, as it guarantees the liquidity of your money, as you can see as a trading pair but have different values on other exchanges.

Agree, the volume of transactions will have an effect on price movements. If there is good news on the project, the large volume of transactions will push prices up quickly, and vice versa. If we want to look for coins with a large transaction volume, we should look at large exchangers because usually large exchangers always monitor the volume of transactions to match their targets because if not, they can be delisted at any time.