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Author Topic: Some questions about the Tron coin.  (Read 222 times)
Wawa2013
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January 05, 2022, 11:15:18 PM
 #21

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

There is nothing wrong with Tron's performance, now Tron is experiencing a price decline because the market is in a bearish trend. If the market
recovers and the Bitcoin price can pump again, I'm optimistic that the Tron price will also go up, although maybe it won't go up too high. Because
it must be admitted that Tron's performance in 2021 is not as good as other altcoins that have managed to reach new ATH. Until now Tron has not
been able to return to the ATH price reached 4 years ago, but we can still make a profit if we invest in Tron. However Tron is still quite in demand,
because it has fast transactions and low fees, so I often send money using Tron. So my advice is to invest in Tron only for the short term.

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Kadal Ijo
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January 06, 2022, 04:12:39 AM
 #22

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.


The best and most profitable hold is low-priced coins like TRON, the opportunity for 10x even 100x is easier to achieve cheap coins than Ethereum which currently costs around $3600, moreover TRON is a coin that has a clear vision and has entered the top 26 ranking so it is safer .

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January 06, 2022, 04:17:57 AM
 #23

The price of Tron peaked when BTC peaked in the Spring of last year and then had a failed high when BTC topped back in November. So it gives you a sense of how it follows bitcoins price action.

Why isn’t price higher? I generally think it had a great run because Justin went to amazing lengths to promote it. However the issue today is that there is so much other competition out there. When someone looks to invest they are presented with many choices and not much reasons to choose Tron.


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January 06, 2022, 08:40:52 PM
 #24

The price of Tron peaked when BTC peaked in the Spring of last year and then had a failed high when BTC topped back in November. So it gives you a sense of how it follows bitcoins price action.

Why isn’t price higher? I generally think it had a great run because Justin went to amazing lengths to promote it. However the issue today is that there is so much other competition out there. When someone looks to invest they are presented with many choices and not much reasons to choose Tron.
It didn't even truly "peaked" in a sense. ATH is still nearly 4 years ago, it was in 2018 Jan 5 literally nearly 4 years ago. This should be telling you how long it has been since it broke the ATH price. This year it only broke to nearly 18 cents and that is not bad but that's like nearly half of what it used to be.

This is why I honestly believe that there is a good amount of failed attempts by tron and all of them turned out to show that tron is not ready to do anything big. With Justin Sun now out of the picture, I am guessing that they are going to try to d something, but if we are going to keep focusing on them doing something then we are letting centralization be the main engine that runs this project which is not good. So all of the data at hand shows that investing into Tron is not really something that is a good idea, I would highly advice against it.

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January 07, 2022, 08:29:31 AM
 #25

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
the potential is still the same mate, and you know the price is low because obviously market still making correction nowadays and not just tron is affected wherein the entire crypto as well so stop wondering, instead grab the opportunity while its low if you want to invest more in it because for sure when market become fully recovered it will climb again and retest the current resistance or if it makes break out for sure there's a good return after all. So be patient and keep holding or add more instead of doing nothing on this kind of situation which the price is low .
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January 07, 2022, 08:40:57 AM
 #26

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?
Thank you.
Nothing wrong with Tron. It follows what the market gets right now and Tron is not alone because many other coins experienced the same things. Yes, I prefer to hold than sell it right now because you will only lose the value and if the price increases, you can not take profit. This moment is good to buy more Tron as the price is down. So it is your call whether you want to buy more Tron, sell it right away, or still hold for more but make sure you know what you need to do.

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Mkmanik
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January 07, 2022, 03:10:58 PM
 #27

What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?
Nothing wrong man, Tron is following Bitcoin. The crypto market is bearish now and all of the altcoins are following Bitcoin price. Also, Tron did not make any hype in 2021 so why the price is also not increased. But I strongly believe Justin Sun will not make disappoint Tron holder. He needs to do something big for this project.

If you are a holder, You can do DCA. With the help of DCA, the buy price will decrease and you can easily make some profit. I am buying Tron for the long run. Because still, I believe Justin Sun. If Tron just hit Previous ATH, I will be a happy man.
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January 08, 2022, 04:34:18 PM
 #28

Im getting a bit surprised to see that there's a thread that was discussing about this outdated coin. Nothing wrong with this coin but it's only lack of innovations. The ecosystem was not so good like another blockchain that was working on the same field like avax and sol. This coin is even older than sol and avax but the time proven  that if this coin is not comparable with avax and sol. Too much BS around this project.
A lot of money being wasted by the ceo of this project. If you wanna use this for long term and that's fine but if you wanna use it for short term and you may need to think again as there was no good volatility around this coin. It's still sense to hodl this coin but you must have a targed as we are rarely seen pump happened with this coin.

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January 08, 2022, 09:19:08 PM
 #29

I personally don't think that it's a great idea.

Justin Son has somewhat made an exit from TRON, being one of the most influential people in crypto.

Also, most DeFi projects are now heading to other platforms because TRON is not the only blockchain with cheap fees and fast transaction times anymore. There is not a lot of liquidity in the space, and right now it's being propped up by reputation alone. Sell when you can.

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January 09, 2022, 01:49:29 PM
 #30

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

for long term investment, no. but tron is good to use because the fee is cheap and fast. if you want to hold, tron is not the top choice on the list that would be suggested to you. everyone knows tron is a boring coin, you will only regret it if you choose it for long term investment. indeed you have nothing to lose, but you also will not gain a large profit even if you hold it for years.
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January 09, 2022, 02:58:03 PM
 #31

Justin Son has somewhat made an exit from TRON, being one of the most influential people in crypto.
Justin sun made exit from TRON?
What is the source of this news?

I followed him on Twitter, He is very active there and regularly posts a lot of updates about Tron. But most of the people lose their attraction for the Tron coin that I believe. Justin Sun needs to follow the hype that's ongoing in the crypto world.
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January 09, 2022, 04:21:17 PM
 #32

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

for long term investment, no. but tron is good to use because the fee is cheap and fast. if you want to hold, tron is not the top choice on the list that would be suggested to you. everyone knows tron is a boring coin, you will only regret it if you choose it for long term investment. indeed you have nothing to lose, but you also will not gain a large profit even if you hold it for years.
Actually I personally prefer to put Tron as a long term investment because I see it is one of the potential coins,
i hope the development team do something about it so the price can go up,
but again, everyone has their own opinion about the coin

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January 09, 2022, 04:43:11 PM
 #33

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?

Thank you.

I believe that even if there is an increase in the price of the TRX coin, this increase will be small. My opinion is that the higher the price of a coin with its own blockchain, the higher the commission within the network, which means fewer users. Maybe I'm wrong, a similar situation has already happened with Ethereum. As for whether to keep Tron or not, you must decide for yourself, but if you expect a sharp rise in its price from Tron, then it probably will not. So there is probably no point in keeping Tron hoping for more future profits. This is just my opinion and I can also be wrong.
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