Do you guys look at the depth when picking alts?

Cryptocurrency News and Public Mining Pools

Do you guys look at the depth when picking alts?

Talking about the depth +/- on coins/assets, as this can make a big difference on how fast coins can move and also show how liquid or non liquid these assets are.

I totally overlooked this part of the analytics until recently, and it does provide insight to how micro caps move so wildly and seemingly small volumes.

There is a surprisingly big number of large cap(top 100) assets that require such small amounts to move the price the +/- 2% mentioned.

Would be worth if knowing if anyone else actually looks at this or is it just a dead metric because there is so many dex's involved in the trading that it's not even accurate.

submitted by /u/claytons_war
[link] [comments]