Bitcoin Forum

Why is everyone going nuts over this currency TRON(TRX). Is it a good time to invest in it?

Iv'e been trying to get my hands on some trx for the past few days but Binance has stopped new registrations for the moment, since then ive looked at it some more and seen some threads claiming it's a scam, im not 100% on this but i would definitelydo some more research on it before you buy, i really hope it isn't becauce the growth looks incredible
 

It is also trading on Binance (https://coincodex.com/exchange/binance/) (but the registrations are closed there as well). Tron (TRX) (https://coincodex.com/crypto/tron/) is very hyped at the moment and I think it will correct down to $0.15. There's still money to be made but you need to be patient, for sure it won't explode and reach new ATH this month.

trx was never a scam but it got deviated from main stream due to few faulty reasons like lite coin creator , trx creater has questioned the litecoin creator regarding the selling of all his stakes in the litecoin project and that creater of litecoin has created some fud that trx is  a scam project and trx creater already sold all stakes of his

Right now TRON is very hyped, but I don't think it's a good time to invest at all.
I just read a reddit post about that their devs sold 6B tokens - nearly 10% of the circulating supply and worth a billion dollar. It nay be fake, but if it came true, TRON will be dumped very fast.

I think trx will be doing good in this month, there are rumor tht trx is going to cooperate with big company, but the news still unknown and this rumors has increased the price very high, so I think this coin got a good potential to grow in the future

I dont think so.. there has been a lot of hype over Tron and that is why a lot of people are a little bit scared about what is going to happen in a few days from now.

if it keeps going up, it is only because of speculation and because of what other people are thinking about it.

But for me, there is not any reasons of why it should be going up again, the price has already did more than x40 since it got listed on the major exchanges.

it is not because i do not like tron, of course that i like it, but it has increased a lot.

It's owner is very active on the advertisement and progress of Tron so everyone has been updated on what's happening to their investment and on what are potential partners of Tron in the future. And I did bough some TRN while it was on negative price and now it's starting to pump again, if you want to invest it's either you'll wait for it's price to go lower again or invest if you don't want to buy it at higher price.

I do not really understand this whole hype around. Perhaps in the short term it can be earned, but I do not see long-term perspectives.

I was amazed with its move up very rapidly this time. Its crazy move.
Bu i dont think now its time to invest on it. I think you have been a bit late. Wait for correction first.

I bought a small amount of TRON today with Binance exchange... I want to hold them for some months and see if it will continue the growth....

Because it is getting hyped in every cryptocurrency forum. That's how the trend in the altcoin market works, people pick an altcoin (in this case, TRON) to shill for a couple of weeks, and all of a sudden it gets a good pump thanks to questionable news that resemble a marketing campaign, FOMO money, and investors pouring millions of dollars expecting for a return of investment in the long-term.

Honestly, TRON is overvalued, it's a "cryptocurrency" with no actual product since 2015. But given how the market has been completely irrational for the past few weeks, it could be a good invesment since altcoins keep going up, just be ready when the dump begins.

The ability to transact anywhere makes TRON attractive to investors. TRX is the coin used for exchanges in this digital ecosystem and eases international transactions. This can be particularly important for digital content creators who can find themselves shut out of a country entirely if they are not able to transact in the local currency.

If you want to bypass closed registrations:
https://launchpad.binance.com/register.html

if you would like to give me up as referral: 19736952

It it because of hyped. I can not make out where TRX will go. For this reason I just use TRX for my daily trade, not a long term investment.

I think its super hyped at the moment. Let it goes down before investing in it.

do your reasearh but dont take too long cause soon tron will increasing again. tron is incredible project with many big company support it. i still waiting for more annoucement about big partnership of this project

many people say TRX is a good coin, TRX team is very hard working for the project schedule they build. many updates for TRx in this month. and it shows very good progress. so now the price is down. and this is the right time for investment

Absolutely agree with you! It's just an empty hype, in my opinion???

The best is to do your own research before investing in it. As for me, I trust the team that's why I invested my money in it. It's also worth less than 20 cents at the moment, so I think it's very worth it. Especially since it is a top 10 crypto currency which means it has lots of potential to grow more than now. But still, do your own research before investing!

Hi sir,
Try to visit coinmarketcal.com ypu can see the altcoin's events there. :)

TRON is a very ambitious project, read the following article to understand what they are trying to achieve and why TRON is so hyped.

https://medium.com/@theprodigiez/tron-trx-coin-actual-potential-or-just-another-shill-coin-i-offer-a-perspective-5b13bd280d1

TRON is my long-term hold, into from 0.03$

I think trx is a great project with a lot of potential. It was pumped and hyped recently but I see this going even further in the future as the Pei Woo app launches and all the users get to use trx. I think it could reach 1$ within a year, perhaps even more than that. Absolutely in for a long hodl as this could moon very hard as more users get connected to the network.

YOLO, i already bought some. don't know about the concept but when they said they will list on other exchange i buy with a little of my money. hope can give me big profit

One of the most important criteria for my evaluation of the value of a currency is the updating of the project development code. I would try not to hold the case if I am keen on the speculative price of the exchange.

TRX is not good to invest at this moment and I believe you already know that. Most people had bad experience and I decide to not follow invest with it, I can't face the risk ( too big ). I only suggested you to find another one and replace your money into it ( invest/ trade ). For me, TRX has no valuable right now and maybe will become scam. I don't see any significant indicator that I can choose to invest with TRX. Maybe you not agree with me but it is up to you. Good luck.

Binance made an airdrop some good amount of Tron for their users that have made transactions. Binance is a very trustworthy exchange and they won't do that airdrop if Tron is just a scam.

Yes it's a great article with good insights into Tron's future.
I think it shows that Tron is totally in the crypto decentralising spirit and has loads of potential.

It's getting listed on 2 more Korean exchanges and one London exchange between today and Wednesday and last time Power Ledger was listed on coinrail it made sone really nice gains. take your positions any Tron investors.. first listing is just over 2 hours away.

what london exchange is it listed on??

What is this cryptocurrency about after all? I found some of those in my Binance account and today also the same amount in my liqui account. I do not complain, free coins are always nice, but Im wondering how this coin can be rise this high while giving out so many free coins?! Guess I will just hold the coins that I got from the exchanges.

you saw ever ther movie tron?

think they want to also create some artificial parralel world in the Cyberspace,

and they have the Currency for it

I like the Tron project but the issues about the creator right now is unbecoming. The cryptoFight between Litecoin creator and Tron creator is just so not okay.. Now Lead developer of Verge is now on the matter bashing tron. This is most probably bcoz Tron creator must have pissed him off.

Is a good one but I don't trust it in my personal opinion for long term invest

Yet I don't understand what is happening around TRX, but I still keep a few coins in my portfolio. Although, frankly speaking, I don't like that news.

I think that you are worried about nothing. This coin will still show us very strong growth in the near future. And it seems to me that those people who have not sold their coins will soon get a good profit.

I think tron is mostly hype.  Might play it if it drop back below .08 cents. 

Well, new coin are the new kids in town. And I guess every new coin coming in will always be interesting for regular traders and new investors.
Though I don't trust China's involvement, they do make gold market.
For starter coins here, as long as exchanges are available, there will be possible hikes and further exposure will definitely attract more attention.

Yes TRX is a very good coin DYOR for this one and you gonna all in! :D

This coin shouldn't even been over hyped in the first place. It will now fade to nothing.

Maybe I'm just too old to take it seriously. TRON? Come on.

I read this morning that trx is in a little bit of hot water as the whitepaper appears to plagiarise from filecoin and IFPS, appaently Justin Sun's reply was that the white paper was translated from chinese by volunteers and they missed very important details, when you check the website they have removed both english AND chinese versions of the whitepaper, you can read about it in this link

 http://www.trustnodes.com/2018/01/08/trons-whitepaper-copied-plagiarized

Oh! come on that FUD is already answer by the CEO of the TRX. Is there any other FUD or just this all day?

I really want to invest in it, im not trying to create FUD or anything just thought id put it up here when i read about it so that people know, apologies if it came out that way, just making sure it was posted, people can take what they want from it when they do their own research

Can someone tell me a little bit information about this cryptocurrency? Which main advantages do this crypto have and why should I invest in it?

Oh really? Thats worrysome. There is a lot of fud around this project. Hopefully all of the fud turns out not to be true. Im pleased with the performance of TRON so far. I will just hold on to the coins I got and keep on monitoring the development. Hopefully it turns out great for the investors.

well it could just be unwarrented FUD created about this coin, you have to decide yourself which it is, i did at first think the dive was due to this being released but then i realised it was coinmarketcaps price correction once the korean exchanges were excluded from it.

My 25% of total investment are in TRON (TRX) I'm holding it tight until $2 atleast. It's good project with lots of partners. Hopefully it will reach .5$ by the end of this month.

LOL. are you ok? All coins needs a correction and right now TRX is on his correction. I suggest you don't buy it just watch TRX until it hits $50. Thanks.