Quote from: Twinkledoe on Today at 10:24:53 PM

Quote from: Ibrahim60 on Today at 10:16:08 PM

Quote from: 7deadlyBTCIN on April 01, 2021, 06:13:18 AM

Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?

A coin with very low 24 hours volume means that this coin haven't popularity among traders or investors. Traders or investors are not interested in those coin for this reason those coin buying and selling is low. Which coin buying and selling is low that coin price increasing is tough. So this is a risk to invest in low volume coins. Choose good coin which have a high volume in all time for investment. This will be much better for you mate!

Investing in a low volume coin is not a very smart move. Learned my lesson on this type of investment. Having low volume is already saying something about the project. If there is no interest from traders, it means, the project is not good or getting the interest of the community, which is very risky to invest with. Because their lifespan maybe very short. And also, look for their development updates, if the devs are not giving any more insights about the progress of the project, stay away from this project. Not worth investing your hard-earned money for a soon-to-be dead project.

Always target for those undervalued and not just on buying those coins which prices are already on the floor carelessly because not all low caps would really have the chance on recovery or price increase.