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Author Topic: Do you invest in TRC20 tokens  (Read 1628 times)
ethereumhunter
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January 11, 2021, 12:33:41 PM
 #61

I do not invest in many ERC20 and TRC20 tokens because I still prefer altcoins. I do not know why I am interested in that project unless to invest in ethereum and trx besides the other altcoins. I know that some projects based on ERC20 and TRC20 have increased, but I am still not interested in that. But I guess that ERC20 is more popular than TRC20 token so that people will choose ERC20 tokens.

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January 11, 2021, 01:06:58 PM
 #62

Tron service is not so good for holding any coin as compared to Erc 20 smart blockchain. I think BSC smart chain is good for trading if you want smart chain other then erc 20.
I will prefer BNB,TWT,JUL coin to invest.
These all coins are big coins and price can pump. You can get benefit ,no matter you are short Time investor or long term.
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January 11, 2021, 01:35:00 PM
 #63

Everyone knows that many have invested in ERC20 tokens from the Ethereum platform, but do you intend to invest in TRC20 tokens from the TRON platform, if "YES" what token did you buy and please include the reason as well.
I never invest in TRC20 token, because in my opinion if the price of token from TRC20 rarely increases very high and hard to give me a big profit, therefore I prefer to invest in ERC20 token rather than TRC20 token, but if any of you can recommend me a good TRC20 token for investment and can give me a big profit in the future, then maybe I will try to invest in TRC20 token.
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January 11, 2021, 01:36:17 PM
 #64

But I guess that ERC20 is more popular than TRC20 token so that people will choose ERC20 tokens.
There are many tokens using  ERC 20 but with the increase in transaction fees many have migrated to TRC 20 but with the network upgrade the problems with the fees will be sorted and that is what i hope. I used to invest in new projects in the past but once you feel the heat when the market crashes and you loose your money then you will stay away from them until you find some promising project from an established team.
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January 11, 2021, 01:53:44 PM
 #65

Usually, tokens that use the TRON platform (TRC-20) have a very low value and little liquidity. So that people don't want to invest in TRC-20 tokens. I prefer to store ERC and BSC type tokens rather than TRC.

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January 11, 2021, 01:58:09 PM
 #66

Everyone knows that many have invested in ERC20 tokens from the Ethereum platform, but do you intend to invest in TRC20 tokens from the TRON platform, if "YES" what token did you buy and please include the reason as well.
So far I have not invested in TRC20 tokens, because I spent more attention to some ERC20 tokens and some other potential coins, this took a lot of my time and attention.
However I like to move my funds from one exchange to another with TRX (Tron) because the transaction fees are very cheap, and I keep some TRX coins for long term investment.
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January 11, 2021, 02:00:05 PM
 #67

I don't have any prominent amount of investment in any TRC20 tokens but the USDT over TRC20 had helped me a lot transacting between exchanges in this period of high fees. It was like the best thing that happened to inter-exchange traders. Unlike ERC20, it don't have 10s of dollars as fees. To be exact, of the 4 exchanges I withdrew it to and from all of them had zero fees for transacting USDT as TRC20 and best of all, any USDT received anyway is treated the same.
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January 11, 2021, 02:44:55 PM
 #68

to invest in TRC20, it takes patience for me to get a profit, I have TRON and I just sellall in  at the end of 2020, I switched it to erc 20 even though the cost was very expensive but ERc 20 gave faster benefits

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January 11, 2021, 03:05:46 PM
 #69

to invest in TRC20, it takes patience for me to get a profit, I have TRON and I just sellall in  at the end of 2020, I switched it to erc 20 even though the cost was very expensive but ERc 20 gave faster benefits
ERC20 tokens can be traded easily and also been profiting. A reason why most traders and investors choose them, not for TRC20 tokens and I don't think it was a good investment with possible huge returns coz it probably not.
I'm not sure if TRC20 tokens are able to survive in the future, it is just like that only Tron making its way to survive over the others.

I stick to ERC20 tokens no matter what happens and that because I was believing in a sustainable market in the coming years.
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January 11, 2021, 06:02:38 PM
 #70

But I guess that ERC20 is more popular than TRC20 token so that people will choose ERC20 tokens.
There are many tokens using  ERC 20 but with the increase in transaction fees many have migrated to TRC 20 but with the network upgrade the problems with the fees will be sorted and that is what i hope. I used to invest in new projects in the past but once you feel the heat when the market crashes and you loose your money then you will stay away from them until you find some promising project from an established team.
I think the reason why they haven't moved to TRC20 is the ecosystem. For example people are moving to BCS like crazy, binance managed to attract so many new projects and specially places like pancakeswap are making a killing right now, we are talking about hundreds of millions of dollars worth of ecosystem that is getting bigger and bigger everyday.

Why trc20 is not like that? Well first of all ERC20 is the biggest and it has the backing of ETH and that is why everyone goes there, would you rather go to a nightclub filled with people and dance or would you rather go to a nightclub with just few dudes haning around with their beers? Most people would pick the first one. Secondly binance managed it because it's binance, it has the backing of binance and they used tons of marketing and gave away so much free tokens and money that people went there. Tron has neither of them right now.

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January 11, 2021, 06:11:34 PM
 #71

I work with TRC20 token from the TRON platform only with USDT because usually there is the lowest commission when you withdraw funds from the exchange. Has not worked with other tokens yet.
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January 11, 2021, 06:55:10 PM
 #72

Everyone knows that many have invested in ERC20 tokens from the Ethereum platform, but do you intend to invest in TRC20 tokens from the TRON platform, if "YES" what token did you buy and please include the reason as well.

There may be a lot of Trc20 tokens in circulation, but they escape the eyes of traders. Some even think that tokens are only generated by Ethereum smart contracts. Maybe we can visit the TronLink site to see the tokens generated by the Tron smart contract.
Maybe the popular one is BitTorrent because the marketing strategy is almost the same as Dogecoin. But currently, BitTorrent trading is very low, in fact there is almost no increase in price even though the Alt conditions are on the rise.
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January 11, 2021, 07:21:53 PM
 #73

For now I am not investing in TRC20, but I do own some coins such as Oikos and Tons. I dare not invest in new projects because of the high risk

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January 11, 2021, 07:30:38 PM
 #74

Properly i don't know about trc20 token so i am not interested of this project. Although if you gonna invest of this project then you should analysis more. Because many trc20 project going to death so i have no trust fell right now. Moreover i failed to make profits from oikos token of like trc20 sht.
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January 11, 2021, 08:46:58 PM
 #75

~
There may be a lot of Trc20 tokens in circulation, but they escape the eyes of traders. Some even think that tokens are only generated by Ethereum smart contracts. Maybe we can visit the TronLink site to see the tokens generated by the Tron smart contract.
Maybe the popular one is BitTorrent because the marketing strategy is almost the same as Dogecoin. But currently, BitTorrent trading is very low, in fact, there is almost no increase in price even though the Alt conditions are on the rise.
It is undeniable that erc20 dominates the altcoin ecosystem. The ERC-20 token became famous throughout the world, thanks to the standardization and success of various ERC-20-based ICOs at its time. So that many developers use the erc-20 popularity to build their projects.
On the other hand, high transaction fees on the ERC 20 network often make users less comfortable. I also chose trc 20 as an alternative.

Actually, whatever the chain, as long as the project is of high quality, investors and traders will definitely be interested.

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January 11, 2021, 09:00:26 PM
 #76

I am a big fan of Tron blockchain after Ripple because of their fast transaction speed ay low price but tokens on its contract aren't really attractive to me in any sense. Perhaps, because they are gaming utility tokens and I don't fancy such kind of projects as demand is just base on the game, platform development and dividend share to holders.
I used their TRC20 USDT because of it chea9fee when compare to Ethereum that will request fee of what assets you are sending.
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January 11, 2021, 09:09:13 PM
 #77

I have never personally invested in TRC20 tokens because the movement is quite fast up and down unexpectedly not easy to predict apart from that, most TRC20 tokens don't have a great future come and disappear anytime that's what I know so far
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January 11, 2021, 11:00:51 PM
 #78

TRC20 tokens are more comfortable to use than ERC20. I think everything is better to use than Ethereum blockchain, because it`s really bad for now. Most of coins on Tron Chain are from casinoes and gambling sites, so I don`t have any such tokens. Token standart is good, but there are no any gems which can be really prospective

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January 12, 2021, 12:08:37 AM
 #79

There are only a few TRC20 tokens that I think are good, namely Bittorent and JUST, of course this is not a recommendation, but according to the fundamentals of these two coins it is indeed very good, we know TRC20 is not yet popular compared to ERC20, but with the advantage of TRON which has low fees, maybe in the future the TRC20 will be even more popular

Up to this day, I still didn't learn the tokens' use case, its still very low that anyone can afford to buy a million for this project but there isn't a reason that fact that its price isn't so volatile. It's interesting however that its among the top hundred on CMC.

What I have is the TRX itself that I didn't even stake. It just lies on my wallet but I did try staking during the first days of SUN token.  Justin's stunt doesn't work anymore.

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January 12, 2021, 09:49:45 AM
 #80

But I guess that ERC20 is more popular than TRC20 token so that people will choose ERC20 tokens.
There are many tokens using  ERC 20 but with the increase in transaction fees many have migrated to TRC 20 but with the network upgrade the problems with the fees will be sorted and that is what i hope. I used to invest in new projects in the past but once you feel the heat when the market crashes and you loose your money then you will stay away from them until you find some promising project from an established team.

If TRC20 can raise more investors to invest in the TRC20, maybe that can help the projects based on TRC20 increase and be able to compete with the ethereum network. But so far, it needs more time for TRC20 to do that thing, and it still hard to compete with ERC20 because the popularity of the ERC20 still be bigger than TRC20. But we do not know what will happen in the future, and maybe TRC20 will have more chances to gets more popularity.

There are only a few TRC20 tokens that I think are good, namely Bittorent and JUST, of course this is not a recommendation, but according to the fundamentals of these two coins it is indeed very good, we know TRC20 is not yet popular compared to ERC20, but with the advantage of TRON which has low fees, maybe in the future the TRC20 will be even more popular
Some of the projects using smart contracons tend to be scams. Just like Waves in the past when competing with Ethereum, many were hit by rectangular projects in the smart contrac waves. Currently, instead of investing in a roject that is not yet clear, I am more preven in buying TRON

I think that is because the tron price is not too expensive depends on the ethereum price. The ethereum price now is at $1k while the tron price now is $0.029, which will be very difficult to compete with ethereum. That will happen too with waves, but maybe tron and waves can compete as both projects are still increasing.

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