Quote from: goaldigger on Today at 09:45:55 PM

Quote from: NNRR on Today at 05:01:38 PM

The trading volume of any project depends a lot on that project because it can be seen that when the trading volume is up, many new investors join and they will continue to invest in that project so that more volume is up and the price of the token increases a lot. In this case, in many cases Project token price goes up so Trading Volume plays an important role in a project.

Volume is one of the indicator and it can actually confirm the trend so if there’s a good volume you can expect many investors to come in, but that is not a guarantee though since volume can also tell if it’s already overbought or oversold. If you want to have a good signal, use volume along with the other indicators, many traders forget to look at the volume and that’s why their analysis is not working, volume really matters to me.

It is true that trading volume is one of the important factors that we must look at to determine which projects are good for trading. As you said if
the project has a high trading volume, it means that the project is very attractive to traders, and it will make it easier for us to trade. Because projects
with low trading volumes are usually difficult to sell, because the demand is small. But we also have to be careful because trading volume can also
be manipulated, especially on small and unpopular exchanges, usually a lot of manipulation occurs. They will use bots as if many traders are interested
in these projects even though it is only manipulation. That's why we also have other considerations before deciding which projects are suitable for trading.
Trading volume is indeed very important, but of course trading volume is not the only thing we have to look at, there are many things we have to look at and consider.