Quote from: Republikcoin.com on Today at 07:51:20 AM

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?

Gambling on small coins is really fun, but we shouldn't get carried away with emotions to give these coins high hopes. A very small volume is very difficult to survive because of the small community. This could be the trigger for the coin to be quiet and starting to be abandoned.

Then, if a miracle happens to the coin, then you will get a big profit. You will be able to easily multiply your money to 4x or even 10x with low volume shit coins. This will only happen if a whales starts pumping the coin.

It is also a question of how much you want to invest. If you have a low volume coin with thin order books there is simply no way to build up a substantial position. Neither can you get out again if you hold a large bag. That's the advantage of the coins with bigger volumes and market capitalizations and that is why for institutional investors coins like Bitcoin or Ethereum are the number one choices. Imagine you want to liquidate a billion on a small cap coin.