In this video, I discuss whether using trading volume as a criterion for investing in cryptocurrencies is a good strategy. I explain why I personally wouldn’t rely on trading volume alone and delve into the top cryptocurrencies by trading volume, highlighting the differences in investment potential among them. I emphasize the distinctions between mega-cap cryptos like Bitcoin, Ethereum, and Solana, stablecoins like Tether and USDC, and meme coins like Doge and Pepe. Ultimately, I caution against investing in meme coins without proper trading knowledge due to their speculative nature.
YOUTUBE VIDEO: DON’T Get Caught in The Trading Volume TRAP!
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