Avoid coins with zero trading volume

[magd 5231]

Investment is a wide area and it cannot be started without sufficient experience about this, as it may lead to loss, especially since currency rates are constantly changing and the number of cryptocurrencies is very large. I think that the investment should be a well thought out process before starting

[yosef.zakkor92 39]

The most respectful exchanges are always trying to delist such a coins because it mostly use to scam users money. So u right we should avoid it 

[ValentineJon 12]

That;s a very good advice for new members who don't know much about the coins and there volume thing. So in order to know what coin is the best one, first do a research about the coin project and check how active they are. are they prompting are not? what is the volume of the coin and anything else then go for it .. 

[maghbilas 0]

Hey mate,  thanks for your informative post because many beginner fall this problem they do invest in zero volume exchange that means this exchange not have a buyer. I am new in this crypto world and this post really help me to learn good thing about crypto business..            

[Cladioverse 8]

On 1/30/2020 at 7:57 PM, bean said:

This mostly effect beginners that rush into investing without understanding, please don't invest in cryptocurrency with zero or very little trading volume, low trading volume means very low buyer interest, if you buy it you will be holding for a long time and might not get your money back.

Newbies always so this mistake they just go for any coin which attract them.They see any coin pumping and make investment in that coin.The full check of background of coin is needed.Those who do bot check the volume of coin lose all their money in coins.

[Akashroy 13]

I figure everybody ought to acknowledge one year old coins and it has some legitimate history. At that point you can bring in cash.

[Sabnir 31]

Its exceedingly of great magnitude in sequence friend. i think Crypto currencies that doesn't carry out day by day trading and investment records or the currencies that doesn't enjoy accumulation property this are silent before now and must be indifferent from every advertise from purchasing and exchanging them as this coins doesn't partake of any opportunity and will develop into obsolete soon.thank you therefore much😍😍
 

[MCSGlegend 2210]

I would even say that if you invest in such cryptocurrencies, the probability that they will grow in price is about 0.0001%, so it is just a loss of money.

[Calvinpriva 17296]

Thats true, there are many coins which have zero value in profit, you cant use those coins to trade because they will give you a loss. Learn how to trade if you are a beginner then trade with bitcoin or altcoins and you will get profit.

[bentayebsalah 2280]

Yes, good advice. You should stay away from currencies that have zero or small trading volume because the buying and selling operations in them will be very weak. This means that the currency will continue to decline and will not rise.

[Babubu609 0]

If you see a coin that has zero volume that shows you that this coin is already dead by dump, and most of this coins are usually found in airdrops and in some bounties nowadays

[DavCrypto 298]

This is something the beginners should really warn of.
The rush to work and profit is not bad but cautiously and carefully, you must know where to invest your money in order to earn from it.

[Whited35 15285]

There are so many useless coins with zero trading volumes on the most of low quality exchange sites. Scammers find free DEX sites are the heaven to list their useless coins and to cheat the innocent people by using social media platforms like telegram , Discord etc.Always avoid using such zero trading volume coins. 

[Raven 7817]

On 1/30/2020 at 10:57 PM, bean said:

This mostly effect beginners that rush into investing without understanding, please don't invest in cryptocurrency with zero or very little trading volume, low trading volume means very low buyer interest, if you buy it you will be holding for a long time and might not get your money back.

Of course, that's true. You can't earn money from it because it has zero volume. There is possibility if you used this coin for your investment, you might lost your money on it. 

[jacker 1095]

I agree with you, and newbies will definitely make this mistake more than old people like us. You should check the amount of money before investing because the volume is very important. Low volume coins never I choose.

[CryptoMaxim 2372]

Most of these coins are unnecessary. If you get such coins with bounties or drops, you can hold them, if the price rises in the future. But you shouldn't buy it specifically.

[SuperCrypto 7193]

On 1/30/2020 at 4:57 PM, bean said:

This mostly effect beginners that rush into investing without understanding, please don't invest in cryptocurrency with zero or very little trading volume, low trading volume means very low buyer interest, if you buy it you will be holding for a long time and might not get your money back.

Volume in digital currencies is important in order to know if you can buy and sell this currency easily because it expresses liquidity and if there is a demand for this currency due to the fluctuations in the digital currency market.

[Rahul11 292]

On 1/30/2020 at 8:57 PM, bean said:

This mostly effect beginners that rush into investing without understanding, please don't invest in cryptocurrency with zero or very little trading volume, low trading volume means very low buyer interest, if you buy it you will be holding for a long time and might not get your money back.

I got some peoples like this. Some of my friends join crypto world. And they also think like this. Firstly they think every coin will rise like bitcoin. And it's make their fund lose. I alwasy guide begginers to learn crypto first.

[Jimmy26 987]

Many times these things are going even I have also gone through the situation in starting im not having much knowledge about the investment and I am getting rush to enter my first investment in the trading but I have taken suggestion that help me to save myself from investing money on zero value currency and I think every new beginner having the same problem.

[Divya rana 1252]

Yes, when there will be low volume for trading then there is less chances of price fluctuations and also will not be more helpful in the future as theere will be less chances of getting profits out of it and it may happen to get you losses.

[koussai999 1986]

I think that investing in anything in cryptocurrencies needs a lot of knowledge before making the investment process in order not to lose our money
The one who makes the investment without knowledge makes a sacrifice and wastes his money outright

[rekter 8129]

This is why some coin developers buy fake volume for themselves from exchanges. They think that their coin would be considered more worthy with volume. But of course what it really does is make things worse.

[Jami273 2020]

Yep.If any coin's trading volume is 0 or so much close to that,that means nobody is interested in that coin and if you buy that coin,you will not able to sell with profit.Moreover you may face big loss in this.So before investing everyone should do some study about that coin in which he want to invest.

[lharost 1526]

On 1/30/2020 at 6:27 PM, bean said:

This mostly effect beginners that rush into investing without understanding, please don't invest in cryptocurrency with zero or very little trading volume, low trading volume means very low buyer interest, if you buy it you will be holding for a long time and might not get your money back.

Almost 95% of the time low trading volume means no interest and I had an experience like this with a coin once that I bought that only had 2-3 bitcoins volume and when I decided to sell just some days later there was no volume for it to be able to sell it even at a loss, volume is the first thing you should pay attention too and when you buy a low volume coin you should be prepared for negative consequences that it could have.

[ETheHedgehog 3104]

zero trading volume is a red flag for any crypto, that means the coin is dead and will probably only drop more in price from there