Bitcoin Forum

I don't actually post about typical pairs but this one caught my attention.

https://www.tradingview.com/x/yekbYRzJ

I think it's the time to buy bulks of TRX after it reach the all time low resistance.

It surely make more or less 300% upward before it reach March of 2020.

I'm not sure a lot of people will agree with you on that dude. Though personally I share your view. It's just that TRX has a history of blunders in the past, mainly due to probably mishandling of promotion by it's team. Especially it's founder. I think it's good that they're not making much noise right now. I've accumulated as much as I can already for tron and hopefully, you're right about next year.

But I fully believe in TRX even though I don't understand it, but the best is but I am sure I will achieve TRX.
Tron does have a good improvement that I know is planned to begin in 2020 in that year we will find an amazing surprise for TRX holders.

Your technical analysis on TRX/BTC is on the point, personally for the pair to achieve the desire profits for a trader result ie profit is subject to the over all price movement of bitcoin. if the positive news about the halving of bitcoin next year is anything to go by then this this the best period to buy TRX/BTC for a long term investment however a setback to the movement in the price could be from team as mentioned above however I would prefers sticking with BTC/USD.

How can you fully believe in something you don't understand? What's the good improvement that they planned in 2020?

You should stop buying because you 'believe it will rise' without any reason that you can understand. Save that money and you'll probably end up with more money a few months later.

If I tell you how many times I have heard this and it didn't amount to anything, you would be shocked, anyways j would rather place my bet with bitcoin because I don't think TRX would be going anywhere soon unless the whole market moves first and this includes BTC, I have to admit that I am biased, I don't like the CEO that's always talking about the price of the tokens and shilling it any chance he gets even if it's borderline illegal sometimes and he has to delete the tweets.

well, if it's because of recently about TRX collaboration with SAMSUNG ?
if yes ,it can be good reason , although i don't really like Justin Sun but well, their project going well.

I don't really like Justin Sun too, just about the main characteristics of Tron  I believing that maybe it could not reach that point in the graph above but it will rise expectedly maybe A half. Knowing that Tron is having a bunch of number of coins.

Yes, I also saw the news that Justin Sun had discussed his partnership with Samsung, and I think this is good news this winter. Tron and Samsung will collaborate, which is why TRX can go to the moon or reach its ATH.

News source: https://u.today/justin-sun-on-tron-samsung-partnership-end-of-crypto-winter-next-bitcoin-ath-exclusive-interview-1

I'm for short-term trading Tron or any shitcoin, but something I really won't do is to hold coins like Tron in a long timespan. Honestly wouldn't even hold it for longer than a month.

Cryptocurrency "investors" in a nutshell. Having to "believe" in something even if you don't understand it. Partnership coin to the moon. /s if it wasn't obvious enough.

Seriously. People still believe in these "partnerships"? After all the debunked "partnerships" that Justin Sun had claimed they have?

Probably Tron was made it. I think it is because of this.
https://www.newsbtc.com/2019/10/28/tron-trx-surges-on-massive-partnership-plug-chinas-latest-crypto-rankings/

But I also didn't convince on that article to hold longer time TRX, I didn't see any potential that it will increase the price and make a new ATH.
Holding in a shorter time maybe but not planning for a Long term. Much better to put all your money in bitcoin investment for sure it will earn profit for long term holding.

I have read local articles that Tron has good predictions in the future let alone a lot of news out there that Tron has partnered with Samsung, of course with this news I believe in Tron to invest from now to in the future,

This is a old news already, (https://twitter.com/justinsuntron/status/1189248184171843585).

And it doesn't mean that TRX can go to the moon, LOL, I would agree that Justin is really good at shilling TRX to the masses, so maybe there could be FOMO, but remember that we are still in the bear market. So there could be occasion that it will be pump but it doesn't mean it will go on a parabolic rise in this bear market. I still would rather invest on Bitcoin and then wait for the block halvening, IMHO.

It's suffering and it's difficult to enter in that kind of situation, especially breaking multiple horizontal supports below. I don't see any positive price actions or bear movements.
As long as trx can' break some horizontal resistance above, it's difficult then.
Since my style on trading is waiting first for confirmation before entering on the trade.

What do you mean about "Waiting for confirmation"?
Base on the news or what?

Bsically were here in bear market, so expect price increase although not kind of mooning type of increase but there's high possibility that it turns into that knowing that TRX reach the breaks the past resistance level.

Maybe buying small amount for security

TRX blockchain is one of my favorite except the team handling it now like what you've said and what its founder's doing.

I honestly think buying TRX based on that recent partnership should only be considered for short - term investing. HODLing it for the long term based on that single partnership wouldn't really push it that high, nor would it be able to retain it's position at the top if such a thing ever happened. Besides, with BTC's halving just around the corner, other coins would have one heck of a time trying to usurp BTC from being the number one source of news, what with its possibility of reaching another ATH in 2020. Comparing that to TRX possible ATH, it really pales in comparison.

I also see that TRX has good potential until the end of the year with a potential of 0.00000937 and I think if that can be achieved then next year it could be 300% as you said.

hehe oh man you dont even KNOW hey? :D   please DO buy bags of TRX till march 2020
then when justin sun gets his 20 billion released around then and the price crumbles even worse then now, you will be a shadow in this thread i bet :D
haha seen this 100x...   damn trader nubs, most yall dont even research shit, just draw lines on charts :P

Waiting confirmation for me is the thing that breaking out on particular patterns, like ascending or descending triangle patterns or breaking above the previous resistance and wait for how many hours or days before entering because what if that is only false breakout?
Something like that, it's different from finding the bottom (long) or the top(short) before entering the trade which is much riskier gor me.

The issue here is the mishandling of TRX, mostly the one who manage it.
But then again, investors is the one who decide how much he/she put investment in it

What exactly do you mean by record low resistance? It seems like the record low price was around 18 satoshis. We're over 10x that price right now. I've been holding onto a little bit of TRX for a little while now and doing pretty good on the investment. So, I'm not really sure how any of this means anything at all. I started buying TRX back in September at around 170 satoshis. It's now selling for over 220. I'm guessing you're assuming the price is going to go down? Good.. I'll be buying more.

x3 until March of 2020 could happen. That is not a quick gain after all. If TRX will be smoothly soaring in the last weeks of December 2019 and will not retrace very hard after that, it might actually earn x3 by the first quarter of 2020. But this is not to add hype to your prediction. TRX is marketed strongly especially by its owner Justin. But sometimes this man could instead gain the dislike of many because of his growing talk without walk statements.

There's nothing wrong about your technical analysis. I somehow agree that when it touched down to that low resistance, it is a good time to buy the pair. But there are still sideways, unexpected market's actions. If we can broke the resistance level, we really don't know when. Anyway, I am watching the trx/btc pair after I've read your technical analysis because there is a big possibility that it will hit thay price.

Yes, you are right, there is no judgement here because based on his interest and the spare amount he has will always help him to hold some TRX coin based on his interest towards the project. I hope TRX will not give many benefits in the short term, so it is good to aim for the long term.

Tron is a centralized platform that's based on building gambling dapps. Meanwhile decentralized ethereum is building dapps for everything, its capturing decentralized finance currently (slowly). Buying tron over eth is a poor choice, it's like you want to stay poor.

I could see that, a short pump, and not a bad call. I dislike TRX so i haven't even looked at the charts on that, but at least it will be easier to sell (for me at least) and not ending up bag holding it.

Many have predicted TRON will fly. One supporting factor that makes sure Tron will go up is its partnership with Samsung which is the largest smartphone manufacturer in Korea that will integrate the Tron API and will now support Tron-based dApps. In addition, other support came from John McAfee who launched his McAfeeDex in the tron ​​chain and support for all tron ​​base tokens.

Very interesting.

I think that almost all altcoins right now are going to be a good buy, if a BTC bull market in 2020 is a given. However, with the current state of the crypto market and the bearish sentiments, it's hard to say when exactly the actual bull market will kick off.

TRX is one of the coins that has had success in the past but the hype has died down significantly. If they can make positive developments still and keep the community strong between this period of bearishness, then I think triple digit ROI in the medium term isn't impossible.

The chart tells nothing to me, it is not an indication to buy or do something
you are better to learn more about charting to get good charting too
at least understanding basic charting.

btw, long term hold plan shouldnt be based on chart, but based on fundamental, such as news, development, or any technical project

I would be skeptical of any alt at the moment. The whole alt market has been moving together for a long time now. I don't think it's likely that we'll see a huge push upwards from any alt. If it's going to happen somewhere, I think it's likely bitcoin will surge first and then alts follow.

Already bought some but not because of any graphs. I'm not a fan of technical analysis on such speculative markets like cryptos.

My bought was because IMO DApps will eventually move over centralized Apps and TRX (with EOS) are the strongest players on this relatively new market.

well , probably . i also see that tweet
and just see the chart , after Justine tweeted it, a huge massive daily volume came , and also it continue after.


did partnership with samsung isn't a good news for you ?

I personally don't believe there charts and technical analysis work in crypto and I never followed them. The crypto market has its own dynamics. TRON is 0.017 USD right now adding it in your portfolio at this rate won't give you any harm.

i did bought TRX for reason that i see it can't dip anymore below $0.01 and i buying wold be logical for me and will hold for reasons that it sticks to be on the of the market despite the fud spread by few of us. i sort of seeing  the dejavu when eth were being fud around back in those days. i never though the market could be big as what it is today. TRX is just too new but i feel the adoption today is way bigger than what it was back 2015.

Just an simple fluctuation,

I used to be a holder of tron but sadly I had to dump it on a loss because I'm already tired of that news that it had. I don't think that I'll ever get back to tron and buy it again. I'm impressed more of holding bitcoin rather than choosing this to get back.
That partnership news got me and I thought with those, I'll be able to sell at a better price but it didn't. It caused me to lose instead however it's okay for me because that's how investing and trading works.

Justin is also destroying its bittorrent service right now. The worst CEO I have ever seen in my life. that guy if full with marketing gimmick. Beside of that prediction and there was no fundamental support to make that point to happen.

Not so simple as you said because we are talking about the long-distance situation.

I hope that's true, strong support. because I have bought at 200sat. see from the graph you provided. it's very likely to hike. because prices are at low. but pseudo can also change, technical analysis is a supporter of fundamental analysis. so I hope there is good news to support the increase soon.

TRX? why not? the chart looks very promising and the team is really entertaining. I won't say it has solid team but more like smart team members to bring hype so it should be easy for them to pump the price up.

have no doubt about TRX since i know the currency for years but the problem is the over expectations,300% in almost half year?are you serious? not unless the Bitcoin Halving become Successful then chance maybe is good.
but remember that expecting so much will bring disappointment ,why not just look for at least 100% or below?so if even there's a downtrend the bitterness is lower?lol

300% in a year or more precisely between 2020 not too bad but we have to take into the downtrend when the crypto market occurs a big correction to get the bullrun ,it's a common thing that we know bullrun is identical downtrend to detect typical strong patterns later

maybe it could happen why can I be sure?
some weeks ago I read a tweet from Ceo Tron Justin Sun he dares to say that this year he is betting to place a big Tron 4 coinmarketcap! although the tweet was later deleted.
every word of Justin sun will definitely come true I think the predictions on your chart will happen in the near future.

I hope so too, and if it really happens, many people will be helped by this thread. I am still waiting for the bull run to arrive, sooner or later I am sure it will come. It is only a matter of time

I trade with trx for some time, exactly that pair btc/trx. After price touched 170 sat's we had a spike over 235 sat's. I start selling over 220. Yesterday I bough some for 207 sat's, and I think we will not see trx under that price. I started buying, so if it drops more I will buy more, but most likely that price will bounce back to 235 sat's or maybe more.
Definitely one of the interesting pairs for me, until now I had luck to make some good calls and to make some profit with this pair, I will continue doing the same thing until now.

I don’t think that the op her is trying to compare both coins or taking Tron project over Ethereum, but just simply telling that it is worth to have it also as a coin to diversify into since they also have a great project concept and to me, Tron team too is actually performing very well even though we have not seen the interpretation of their performance in the value of the coin, but I believe strongly that whatever it is that they are doing will surely manifest in the value of their project come next year.

Ethereum is no doubt one of the best project that we have after altcoin, but that does not mean that it is only Ethereum that we can use or have all the advantages of cryptocurrency in them, there are still other projects like this Tron that will make the cryptocurrency market to continue to function well.

This is exactly the same chart that I have drawn in the last 2 days. Besides, TRX is also one of the big alts that is worth trusting and holding for a long time. Of course, Justin Sun is also a talented CEO who constantly gives out hot news about his business and I am very impressed with the way he coordinates his business. TA + talent of CEO and Team, was more than qualified for a long-term hold strategy.
I hope that in the future, bitcoin and alts will grow together in 2020 and the halving event will shock public opinion again.

You could be right about the possibility of TRX going up in the future but I think that your expectations are simply too high for a coin that we know has received too much hype and it has grown way above their fair price.

Also you are assuming that the next year is going to be great for this market and while there is a high chance for that to be true is also completely possible the price will not recover at all during the next year, are you willing to hold your coins for more than a year in order to see any profits?

Having some speculations regarding a hyped up coin could be dangerous most specially if you have set your expectations too high. Anything could happen all of a sudden, we don't really know if your assumptions would take place considering the fact that it is just a wild guess. The markey may improve soon but there are no hard evidence yet that the market would be great for the next month or next year. There's nothing wrong about trusting and holding a certain altcoin, I just want to say that setting your expectations too high may lead you to regretful events.

^  All the hype is gone on TRX (and the whole market mostly).  But that's a good thing...  It means it's time to start making your picks.  ;D

Personally, I would rather wait for a confirmed reversal first. So far, since Bitcoin is the lead indicator, the price has't broken $8300 yet which is the price for a reversal. Even the total marketcap of all coins hasn't decisively picked a direction.

I have been eyeing for TRX already, and I believe this is a good coin for long investment, actually I know that it looks like the hype is gone but if we look at close to the coin this is still one of the best investment in the market since it was able to maintain its trading volume, meaning people keep believing on the coin despite of the drop of price.

right now, its still in the top 10 of coins with most trading volume and what OP is saying about the 300% is possible, I mean its very conservative as it could also rise to x10 when the altcoins season arrive.

I really think that once all the hype picks up again and Bitcoin starts skyrocketing, the transaction fees will end up being really high again. People will be looking for other coins to use for cheap transactions and I really think this may be one of the ones they choose. Also, don't buy in after the news is released. You want to get in before the news drops and sell whenever the news comes out and people are buying it do to fomo.

You may get some profit for holding TRX next year but i'm not quite sure about what time you will get it, i still think the most profit can be made after bitcoin halving it who know what reserve next year.

actually if you can do daily trading it will be more profitable than holding back until prices rise.  it doesn't hurt if you choose to hold because the potential of TRX in the future is still good especially since TRX has penetrated the gambling business, you have nothing to lose.

Nope it's down to 13th now...  But you have to see how the people behind it are setting things up (looking at the Bittorrent and Polo acquisitions).  Yeah people, I think Justin Sun is just the front man.

TRX predictions are indeed good for the future between 2020. But maybe we have to be careful, now we have to slowly have a small amount of TRX so that in the future we get profit from TRX when it goes up

This makes sense since bitcoin is no longer in decline. but for TRX, I just hope Justin will create more fomo effects and do more for businesses to create more trust with TRX. I also highly appreciate TRX for having an active CEO and always try to promote my business in every way. Hopefully by 2020, TRON will not disappoint investors anymore.

so far I see a fairly stable movement for TRX coupled with CEOs who are still active. it might have an impact in the long run, but so far I have only made a small investment in TRX to look for profits that are not too large.

every time i think about buying TRX i think maybe its a better idea to buy BTT
since they are very connected and BTT has much lower marketcap and still has a lot of coins in the reserve for manipulation

many people use TRX for transfers or withdrawals from exchanges because the transaction costs of TRX are cheap and the speed of their transactions is very fast. that's what makes TRX's market demand fairly stable. but if there is an update that occurs that makes the market demand increase it will be better for TRX in the long run.

TRX isa good altcoin but it is in the pass when it successfuly launched by binance exchange. I got interested too to this coin and I spent several money in it for long term investment (until now I'm still holding it) but yeah it is far from my expected. Its price just dumped and dumped a loot until I got frustated against it. So now, I won't suggest to anyone who ask how the future of this coin moreover if you pairing it with bitcoin.