Bitcoin Forum

As we are all aware that TRX is doing much better compared to other altcoins in terms of growth as well as technology and we have seen alteast 35% pump in its value in last 6 months I know it's not much but considering current situation I would say it's still better. So shall we consider TRX for long term investment as its value is too low at the moment?

Kindly share your opinions which will help others as well.

I respect the fact that Tron have unique and also experienced some growth in price during the current pandemic season but i want you to understand that Tron was gaining those increase price due to price manipulation. Besides, dont be fool with the technology introduced by most altcoin because crypto investment cant be choose based technology and if it about technology most of the altcoin with 2000TPS and huge block size would have surge in price than BTC.
Back to your question, Tron cant be considered as a long term investment.

I wouldn't include that to my long term investment. Let's credit the innovation and the team that it works for it but TRX itself was pumped also through the hype. But if you think that it's a good long term investment base from what you believe, I won't stop you with that.
It offers to stake so I think that's one good passive income that you can get but for me, I'd say that I'll not even buy that.

What makes you think that TRX works better than other altcoins? Yes, it is really fast and so on. but the better it is than others, there are altcoins that are not inferior to it, perhaps even better than it. As for the price growth, there was a lot of hype and manipulation around TRX, so the price went up. Personally, I'm not very sure about this coin.

Well, I really appreciate your inputs as it will definitely help myself and other while decision making time. I would definitely consider TRX for short term investment as I have been profited from it but as you rightly mentioned I need to reconsider if I really want to go ahead with TRX or not when it comes to long term investment.

For a long time now many people have believed and also come to the understanding that Tron is a hype platform, that is, most of the price increase were all achieved through hype and not really because of their development. Yes, Tron is kind of better in terms of charges and so on, such as withdrawing USDT via TRC chain where the charges is 0 but considering long term holding I wouldn't do that when there are other projects with much better Innovative solutions like ETH.

Honestly it's easy to get some Tron and ignore in your wallet for many years to come, I belief this coin will survive in any condition, the most annoying part about Tron is the CEO who keeps using power over new projects that plan to use Tron blockchain, Justin sun isn't treating Tron blockchain as a decentralized like he claimed

It is not totally a bad innovation but I will not put my had earn money in Tron. There is so much manipulation going on around From which everyone is aware of. No one can full us in the crypto space anymore. If you want to investvin trx, good luck to you, as for me, it is no.

Good luck with your decision. As long as you are comfortable and you know the sides of what you are doing, you know better than any person here.
You made profit with TRX but in the long run it's still you that shall define if the worth is still there and if the same scenario might happen to you.

Do you think the price of TRX is too overvalued compared to the present. Because the current market capitalization of TRX is very high, and what it does is mostly marketing instead of actual use cases? I will not invest in such a project.

Many people bought TRX at too high a price in 2018 because they believed in this altcoin, and then the price dropped many times and made many people lose money. I am not investing in this project and I am not too interested in it, but I have heard a lot of FUD about it. Do your research very carefully if you are interested and want to invest in it

I do not invest in tron, somehow I am not too interested. But I really like this project because tron is really good at transactions, I get fast and cheap transactions. So far I have only used tron for transactions and not yet for investment

Well, I'm not a judgmental person, and I'm taking Tron ecosystem seriously as a potential coin in the future, If we look into consideration, take Dogecoin as an example it is an old coin without clear use case but look at Dogecoin now still surviving even in the longest bearish period, and If we compare, Tron with Dogecoin Tron is far better than Dogecoin thats why I believe Tron has a huge potential to succeed if the momentum was sustained thats my take about Tron.

Well I agree with you it's one of the best coin to add in your portfolio they have a very good platform and a very active developer and marketer, it's hard for this coin to fail, but I notice there are so many Dapps created on Tron that are high risk program type or ponzi scheme, it's one of the cause why Tron is not flying high, they should look on this.

If you invests since the time the price drop to $0.014, I'm not sure if its the bottom actually but if you have bought in such price, you may find it good to invest for long term.  Its ranking continues to drop and now its on 17th, it used to be on the top 10.


If Justin does Tweet about this ponzi schemes that you said then its not ponzi. He looks very active in warning scam projects in his Tron  just like how he warned investors about Oikos (OKS).

I'm also bullish on Tron, check their all-time high two years ago
$0.231673 -92.5%
Jan 05, 2018 (over 2 years)

and with a marketer and developer like Justin Sun who always made headlines in the community because of his many antics, Tron will have another all-time high, even higher than the last time.

Tron is indeed an extraordinary project, especially since Tron Foundation already has Bittorent and Just, a good project,
but Tron is very thick with Hype and makes their CEO Justin always the spotlight, yes for investment it is worth it

I am far away from checking/researching market movement for altcoins for few months. But my thinkings about Tron that I am going to share. Yes, surely Tron is a potential coin in the crypto market. Dev team is working hard for improving the Tron ecosystem/platform. Also listed in most of the big exchanges. So can hope a positive things for the Tron in the recent future. For that, we need to wait for bitcoin's bullish start. So as soon as the bitcoin market will surge we can see some altcoins movement among bitcoin and one of the altcoin will be Tron IMO.

I show a lot of sympathy for Tron, as a blockchain. As an old bounty hunter, I see an increase of projects that appear on Tron blockchain (they are probably even more, but I dont have much time to examine every ANN created), that is definitely a great result, because a year ago, I've faced projects mostly on Ethereum, and some on Stellar. Not Tron is stealing a peace of a pie.

But as to Tron founder Justin Sun. This kid is jumping out of his pants to promote its product and get rich. Sometimes I dont like methods he uses, specially when he talks to much without any proof.

I have a lot of TRX in my portfolio and I am constantly increasing the amount of this cryptocurrency in my portfolio. Constant updates and marketing moves from Justin Sun make me believe in the future of this coin

no guarantees can be given that the price will grow because the cryptocurrency market is not predictable and anything can happen, but TRX is really good asset in which you can invest more than 10 percent from your money

No bro, Justin Sun is just Tronx's CEO, and he graduated marketing department, so he has never been a developer. His marketing capabilities are undeniable, but with a market like crypto I think technology and applicability are still more important for long-term growth.

So why we don't move to other new crypto, like some DeFi project recently. Tron has been stuck for the last 2 years, so I think choosing new projects that are more attractive still has better profit opportunities.

This is a good profit but Justin has made this one looks so bad with all of his agendas. The position that has already gotten by trx has already replaced by ADA and tezos. TRX is not so popular compared with tezos and ada right now.

TRON has been good but I personally don't like Justin interfering some activities that would have been left for the community to decide. It is my best in transferring coins from one exchange to other, because the fee is reasonable.

well you can also see how the development of TRON, which is currently already a lot of people who use TRON as a very strong consideration as a substitute for making transactions, in addition to being supported by a very large supply and very high transaction speed will make the future of TRON more developed.

   @baoli you don't like Justin, and I think many others express that feeling towards Justin. But while he is unpopular in some
circles, looks like he is very popular among many others. I don't have some special opinion about Justin, for me he is just a kid
that has to grow, but he is already rich, and he is making something, so I decided to buy some Trons for myself, they are cheap.

Probably tron is getting ready to test $0.1 level in coming weeks. It seems Justin Sun is almost working with all high level exchanges to make tron to be known among traders and all crypto enthusiastic. When you have active team which is working hard on taking your project at all possible means then you can expect them to be scaling big milestone more easily; this is what exactly happening right now with tron. I guess they keep on releasing new versions which must be making people to be more faith on tron.

I heard at least 2 regular airdrop is being done right now for all tron holders based on their tron balance given that if they use some supported wallet and exchanges. These things will definitely help tron to attract more investors with long term holding plans. This way I guess $0.1 mark is easily achievable.

I believe in the development of TRON platforms, Justin Sun is doing everything to advance the platform and thanks to all the rest of the team for supporting him. I believe Tron is worth holding for a long time.

One thing I like this project is seeing Justin Sun is always active and promoting TRX. Though price increase before through hype even in social media it is also talk about project. Well, good thing to hear they have a continuous development.. Also, if we include trx for a long term hold it is best to be updated so we will not miss out.

I think it has a decent shot at Ethereum. Justin doing too much marketing to focus on the main technical point for the coin which something I don't like also. Tron needs more good token projects on its platform and Justin should focus on that, homebrew, invest and encourage new token projects to make Tron become relevant.

Trx was introduced very cheap and has relatively large supply so we cannot say that its value is too low right now.
I think its price has stabilized around these levels and it can become a longterm support for trx and we can expect upward break in coming weeks.

TRON is one of my favourite coin because of it usage compared to thousands of cryptocurrency. This coin is my favourite for gambling and for staking, TRON is good for long-term purpose than making it short-term. Few months back, I got some pretty good rewards from my staking including some gambling platform that allow it for gamble.