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Author Topic: Tron for 3x. Here is my logic  (Read 138 times)
cryptoadviser (OP)
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November 30, 2020, 06:19:00 PM
 #1

If BTC goes above $20k, all altcoins will blast like anything.

If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.

Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view
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November 30, 2020, 06:44:07 PM
 #2

tron' supply is 71,659,657,369
you say 3x it means that trons will be $0.1 dollar. and marketcap of tron will rise to 5th biggest coin after tether.

it is impossible.

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November 30, 2020, 06:57:58 PM
 #3

Yeah afcourse its impossible for tron to reach at 0.1$
Due to his supply 71659657369. I am not sure that it can be happen. So it think it will be joke for everyone if Trom reach its 3x
So good luck for tron to reach at 0.1$

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November 30, 2020, 07:01:43 PM
 #4

It is a normal thing in the crypto space that once there is bull run where Bitcoin is pumping hard, many people of course will be happy and then, the predictions starts flying around. I remember vividly, most of the predictions made about Bitcoin and none was ever achieved then until now it is getting closer to hitting $20k, now the concern is, as of then that Bitcoin didn't hit the price predictions, who was to blame for those who followed the predictions and got stuck? No one.
What I am driving at is this, it is good to be happy during bull run but also to be mindful of the types of predictions we give; what is the assurance that once Bitcoin hits $20k all altcoins will blast? None. What even made you think that ,if it doesn't that money will flow from Bitcoin to altcoins. At this juncture many things are having an effect on the market and one of them is emotion and the second is a lesson from over the years (and from last bull run), that is, only few good altcoins will kind of experience a good pump. As for Tron to X3, wow, the crypto space is unpredictable, let's keep watching.

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November 30, 2020, 07:02:44 PM
 #5

tron' supply is 71,659,657,369
you say 3x it means that trons will be $0.1 dollar. and marketcap of tron will rise to 5th biggest coin after tether.

it is impossible.

Do you remember it did in the last rally in 2017? It was at a time, 5th largest by market cap.
I am saying that I anticipate 3x. But I will start booking from 2x say, which is very much possible. For BTC, I am not sure I see $40k
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November 30, 2020, 07:09:22 PM
 #6

tron' supply is 71,659,657,369
you say 3x it means that trons will be $0.1 dollar. and marketcap of tron will rise to 5th biggest coin after tether.

it is impossible.

Nothing is impossible in crypto, it's extremely difficult for TRX to attain that price but don't say it's impossible. Same way many talked about LEND wayback, now AAVE but when it did about 50x, everyone who talked negative was dumbfounded. It's always a matter of patience, I'm not holding TRX at the moment but it's one of the coins with good prospects from all indications.
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November 30, 2020, 07:15:23 PM
 #7

It's possible to see this happen but this is going to be a crazy trend. Currently I don't think the can come from tron maybe another coin. But it's still a good buy for some profit.
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November 30, 2020, 07:23:37 PM
 #8

I really don't think it can happen. But we should not close the possibility since anything can happen in cryptocurrency well I love the fact that you are looking forward on this coin honestly I invested on Tron few years back and I can say that it's really a good investment let's hope that you are right about it.

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November 30, 2020, 08:02:01 PM
 #9

Not all altacoins are going to rise, since as BTC rises, its dominance also grows.

But for TRX there is good news, since it is a solid cryptocurrency.

But it is slower reacting to the new prices, with the alt-season very close it could not go up in price as its latest high .15 USD: https://coinmarketcap.com/currencies/tron/
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November 30, 2020, 08:03:50 PM
 #10

I don’t see why not, we usually get a big altcoin boom after a big bitcoin bull market. You have to be patient though & HODL, it doesn’t always come when you expect it but it usually does happen.

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November 30, 2020, 08:14:25 PM
 #11

If BTC goes above $20k, all altcoins will blast like anything.

If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.

Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view

It is amazing how some people are arguing that it cannot happen, these are the same people who never agreed that btc will even hit 20k again. To be honest i think tron will be much higher next year and 10x, 20x and even 50x is still possible for tron.

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November 30, 2020, 11:39:17 PM
 #12

isn't TRON already 14x from their bottom in 2017 before TRON went up high, I think the next increase is not 3x,
but only 2x, because the total supply of TRON is quite large, if Tron has another important update maybe about partnerships,
Tron's price could soar more than 2x, hold and see.

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November 30, 2020, 11:50:47 PM
 #13

If BTC goes above $20k, all altcoins will blast like anything.
Not all.
If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.
I don't doubt bitcoin going times three. It's also possible with Tron and any other altcoins.
Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view
Bitcoin's more powerful all of the time but alts are also doing their jobs moving and coming with bitcoin.

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November 30, 2020, 11:58:40 PM
 #14

If BTC goes above $20k, all altcoins will blast like anything.

If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.

Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view


It's bad day for me, sold out 666 trx lately due to expectations for other coins to soar higher. Right now I no longer have tron in my wallet, and maybe buying back was an other strategy to look for. Indeed altcoins were too attractive but it probably ruin your day once it falls badly in the future. After bitcoin highest value, same pattern will happen then altcoins glory will come.
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December 01, 2020, 01:03:43 AM
 #15

If BTC goes above $20k, all altcoins will blast like anything.

If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.

Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view
Altcoin is really good, Although all of coins will pump because of BTC. But think about the case of altcoins they only pumping if btc pump to new all time high and it seems good to all of us. Dont forget the altcoin usage and utility that is the most important thing to altcoins and reason why they also pumping.
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December 01, 2020, 01:23:36 AM
 #16

There are a lot of other coins. I think what looks attractive is Ethereum. Many projects are being created using it, and the amount of it has definitely increased significantly. I still believe that there is still more room to increase in price.



It has touched the Bollinger bands multiple times, and I think it would also increase in price, but I'm not sure if it would reach $0.1.

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December 01, 2020, 01:50:59 AM
 #17

After bitcoin cools down, the flow of capital will be switched to other channels. This time the top altcoins will catch capital flow of investors especially altcoins that have important upgrades or events in the very near future (next one to two months). After investors take profit with top altcoins, I guess there will be pumps and dumps with shit altcoins for no reason. After that massacre will come and kill greedy investors, steal their profits.

With my thoughts, Ethereum matches conditions for its bull run. If some shit DeFi tokens can reach thousands of dollar per token, why Ethereum can not climb back to $1500 or 0.15 BTC per ETH.

Thanks crwth.

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December 01, 2020, 03:04:38 AM
 #18

From the long term chart, it is clear that Tron (TRX) is ready to continue making profits in the long term. Looking at the weekly chart, which usually provides a clear picture of price movements throughout the year, it's pretty clear that Tron (TRX) is entering a long-term consolidation phase at $ 0.0296 - $ 0.032. TRX price analysis and prediction should start with a review of historical data. TRON is a fairly young cryptocurrency, created in late 2017, and the network was launched in mid-2018. One of the downsides about TRX is that it has a very high supply of coins. However, given that TRX burns coins, its supply will decrease over time.

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December 01, 2020, 03:23:08 AM
 #19

If BTC goes above $20k, all altcoins will blast like anything.

If it doesn't, money moves from BTC to altcoins. Tron looks on good levels with next level at $0.09 which is almost 3x of this.
BTC may not go to $60k but this can.

Hence, it looks more logical to me.

Note: There are other coins too. I am just saying, altcoins look attractive.

Happy to discuss, debate! Pls bring forth your point of view


Im not sure about that. If that could happen and tron must have grown so high like bitcoin.
Bitcoin and tron have different fundamental. Bitcoin is a diamond in crypto while tron must have competed with a bunch of smartcontract platforms that being released regularly.
It's not easy to say tron could go 3x or even more. I thought that if tron can achieve more than 100% roi from the current price and that's more than enough.

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bryant.coleman
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December 01, 2020, 03:46:01 AM
 #20

TRX may go up for a short period of time. But it will be unable to sustain those gains. For stable growth, you need a noticeable increase in adoption and acceptability. And as of now, I don't think that TRX can boast any of this. It continues to be used as a speculative investment asset (similar to most of the other altcoins), but there is no growth in usage for other purposes.
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