Is volume completely reliable?

[teminalibug 309]

I learned about volumes here on cryptotalk, most things i know about crypto actually, I know with enough volume a coin is reliable for trading without delays and troubles. However today something crossed my mind, if a coin does have good volume, but it is suddenly dropping/dumping so traders refuses to buy would the volume still save the holders to sell on time?

[Ms.o 3322]

Volume is a an idicator to determine the demands on the market,there are just instances that even the volume is low the price increase and even the volume is high the price decrease,basically,it still depend on how much one trader sell their coin. If more people sell it at low price it will result to price decrease.

[bentayebsalah 2280]

The large volume of trading in the currency is evidence that it is a strong and reliable currency, and for this there is no risk in trading through it, but there are some traps that some currencies use to make a large pumping and then a dump

[Thekingcallme 1975]

3 hours ago, bentayebsalah said:

The large volume of trading in the currency is evidence that it is a strong and reliable currency, and for this there is no risk in trading through it, but there are some traps that some currencies use to make a large pumping and then a dump

If we notice the classic currencies, we will find that the volume of trading in them is large and this makes them strong and well reliable currencies

[BTC Future 3946]

Volumes used to be a good indicator, although sometime in the end of 2017 every exchange begun pumping their numbers and providing completely fake volume data. They did that to look like they were active exchanges but instead they just made volumes being completely irrelevant as to trade and to choose an exchange. Basically the top 10 exchanges in volumes are 99,99% fake.

[scorpiali 5626]

The volume is most important t trade any coins there is many exchange if the coin dont have more than 5 it coins daily trading they dont listed in her exchange to avoid pump and dump so we can see it's important 

[ETheHedgehog 3104]

Yes, trading volume is very important for the reliability of a coin, but make sure to check the volume over a couple of days or weeks, cause there may be a pump for a dead coin and can trick you into thinking it's a good coin

[Kamila 291]

Because traders understand that the price of a coin can fall even lower and then if they buy a coin they will immediately suffer losses. This is often the case with coins with large volumes

[Jeet Narayan 1940]

Volumes means how much coins are buying and sale at particular time . In High volumes , there are lots of buyers and sellers . Price of coins are dropping at high volume also . What is psychology of people on that coins can determine coins price is going up or down .

[Ayush Singh 1175]

I don't think so according to me i think it depends upon the coin in which you are dealing because there are also some coins which starts dumping and keep on reducing its value so at that time coins volume will not matter users will see the profit and loss occurred by such coins.

[MCSGlegend 2210]

Because sometimes after a fall, some coins can fall even lower in price, and good traders know this and do not buy a coin at this time, and the volume can be inflated

[Brushless4500KV 4214]

The volume is a sign that a particular coin is traded often and has relatively good liquidity but it is not everything. A high volume with low capitalization is not a proper combination. Some shit coins may have high volumes at first but they fall soon because they have weak market caps (which means a few people have invested in them). Some volume data may be fake in some platforms. Be sure to choose coins based on real data. If you are afraid of price falls, only trade with top rank coins that are always listed above the others.

Edited May 16, 2020 by Brushless4500KV

[BitcryptoHan 2557]

2 hours ago, MCSGlegend said:

Because sometimes after a fall, some coins can fall even lower in price, and good traders know this and do not buy a coin at this time, and the volume can be inflated

That is why to know about the coin you want to trade, I is also good to be patient, I have noticed what you said too but i like to use halve of my coins, and later if it falls again, I will buy again. But, the previous time I bought the coin, the price will still rise more than it and gain very well. But, that is why to study the coin technically very well is very good. 

[Onden 2098]

In my opinion, in trading the trading volume of a coin is very important, because it shows that the coin is selling well in the market so that this coin has a good chance in the future. If there is a decline in the price of a coin with a high volume is reasonable because fluctuations in the price of a coin are normal, it is good for investment.

[Backtomiami 45]

Dumping or lifting affects how you personally treat such events. That is, you should always ask yourself, as you did, "will it be dangerous for me, for my funds, for my future actions?". That is, you can not get hung up on the market as a whole, since each situation is individual, and you must first answer for yourself.In General, I think that volumes in this case will play the least role for you.

[Snow2020 113]

I think the volume is important but the value of the currency is more important, because even if it has good volume but if the price is on the ground, the transaction will not be good for us, obviously there are many values that must be taken into account.

[Shaza Ahmad 1682]

This depends on the strength of the buying support, but often the buyers do not hold together if the selling pressure is severe because they find the opportunity to buy at lower prices, so they are in no hurry to get their profit.

[SuperCrypto 7193]

In the cryptocurrency market, looking at trading volume is a natural step after looking at the price because it can reveal all kinds of useful information, as large volumes in the volume indicator indicate higher interest levels and a greater number of participants, and this helps in knowing how strong the price movement is.

Edited November 9, 2020 by SuperCrypto

[Razan alikac 1899]

Volume is an important indicator in technical analysis, as it measures the relative value of the market movement. If the market makes a strong price movement, the strength of this movement depends on the trading volume of this period, the higher the trading volume during the price move, the more magnificent the price movement will be.

[Omar Ommeish 4872]

The currencies that have a large trading volume are safer than the rest of the currencies because you can certainly buy and sell from this currency at any time, and for the analysis of volume, it gives very good results for currencies in which the trading volume is good, but I do not rely on it.

[Smallingcane012 344]

The volume of it completely reliable in any situations because of ample and great amount of benefit we earn suffered that is why I say is completely reliable.

[Beryymark 126]

The value of the currency is important even though the volume is also important checking the volume from time to time is important too  but we can't just ignore the value of the currency.

In trading  reliability is not sure for beginners even experts.