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17028991 No.17028991 [Reply] [Original]

How much should you trade in relation to the volume of a crypto?

i.e. if something had a volume of 10btc, how many thousands should you be willing to buy for?

Is there a simple formula to calculate a rule of thumb? Ik more volume = faster transaction, but dont know how the math looks

>> No.17028998

if something has an average volume of 10 btc there's no way it's worth putting anything into, lol

>> No.17029021

>>17028998
this sir
Unless it’s an unknown shit coin that is your Hail Mary hold

>> No.17029028

>>17029021
Not for holding. Just trading short term

>> No.17029113

>>17028991
>how many thousands should you be willing to buy for?

What do you mean? You mean thousands of tokens?

>> No.17029363

>>17029113
No usd but explaining in the form of btc is fine too since thats what the volume is measured

>> No.17029406

>>17028991
It doesn't matter, really. Low caps, buy half, set a bid, wait. Buy some ARPA on 'nance this week.

>> No.17029410

>>17028998
Very incorrect. All the best moons happen after only $3K -> $15K volume or less.

>> No.17029463

>>17029410
on moons? yes.
but to make the "what the fuck was that XD" posters come out from their caves, my algo shows high volume on downtrend

>> No.17029994

>>17029406
I mean it does though. You don't want to throw in so much money that you won't be able to sell it in time and you eventually end up at a huge loss. Low volume is dangerous.