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Topic: Do you invest in TRC20 tokens - page 5. (Read 1628 times)

legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
February 15, 2021, 05:20:38 PM
Personally, I've not invested in any trc20 token at the moment but if I find a good one. I will, Infact, investing in trc20 tokens right now is more profitable than erc20 tokens cus investing in tokens built on tron blockchain cost far less fees than those on Ethereum blockchain. So for me, If I find any good trc20 token project with a genuine team, I will invest heavily in it.
full member
Activity: 562
Merit: 100
February 15, 2021, 04:52:38 PM
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.
To be honest, I do not invest in these tokens, but only use them to withdraw funds because there are zero commissions. But the Ethereum network is not very profitable at the moment.
full member
Activity: 546
Merit: 148
February 15, 2021, 04:42:12 PM
From my point of view, I never liked TRC 20 tokens because they aren't much popular and again they lack liquidity. When you hold a bag of these TRC tokens, something order book is very often annoying. Seller and buyer differences are alway huge.
For example Coin A actual price may be $1
Seller order book may be $1.1 and buyer book may be $0.5. Isn't that discouraging even if you plan to hold them for too long.
Another point why I dislike them is that they are used for gaming purposes. You hardly encounter TRC 20 token that are doing something unique. It's always games and gamble with low demand and high supply of tokens.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
February 15, 2021, 04:24:51 PM
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.

For the TRC20 smart contract, I would prefer Tron over tokens. Because the value of Tron is much cheaper compared to tokens. Of course the parent coin won't die despite the low price.
hero member
Activity: 2408
Merit: 584
February 15, 2021, 02:52:38 PM
Transaction fee in tron blockchain is low.  I like this side of tron blockchain. But, I am really not interested to invest in TRC-20 (tron) based project. I am not feeling comfortable in trc-20 based project. I am not saying tron blockchain based projects are bad, It’s totally my opinion.
Same here and I usually only use TRC-20 when I am depositing tron itself and yeah it has no fees and confirmations are fast but there are hardly any decent projects on the tron blockchain.

I stopped investing into ERC-20 because of fees? No absolutely not! I still buy some good tokens whenever I see them and yeah fees is an issue but when you are investing $500 you don't care too much about $20 fees. I would say now moving forward there will be some great projects on the Polkadot since looks like DOT is the future and ETH was the past, maybe once eth 2.0 comes things can again change.
full member
Activity: 573
Merit: 100
Futurov
February 15, 2021, 02:48:53 PM
I never invest TRC20 token, although the cost is very cheap and fast. someday I want to research some interesting tron blockchain projects, however the trend is always changing, isn't it.
That is right mate, the trend will always gonna change. Trc20 token right now is just like the erc20 token way back 4-5 years ago. Only a few projects are using erc20 based tokens and only limited investors, traders, bounty hunters etc are using erc20 tokens. As time passed by, the erc20 token slowly became dominant in the market, almost all of the new and existing projects are erc20 based tokens and the gas fee are convenient and customer friendly. So it means that trc20 tokens have the possibility also to become popular and dominate the market of smart contracts.
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
February 15, 2021, 01:24:33 PM
I never invest TRC20 token, although the cost is very cheap and fast. someday I want to research some interesting tron blockchain projects, however the trend is always changing, isn't it.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
February 15, 2021, 01:11:32 PM
Transaction fee in tron blockchain is low.  I like this side of tron blockchain. But, I am really not interested to invest in TRC-20 (tron) based project. I am not feeling comfortable in trc-20 based project. I am not saying tron blockchain based projects are bad, It’s totally my opinion.
member
Activity: 537
Merit: 10
February 15, 2021, 12:50:55 PM
They were disillusioned after it. TRX appear to be the most frustrating token however a large number of volume are as yet being executed ordinary. This has a strong base and they are acquiring esteem as a result of this less exchange or withdrawal charges. Most ERC20 clients are utilizing TRC20 to make the exchange effectively with less charges. I'm not saying this ERC20 is anything but a decent coin, it is driving the alto market with BTC however TRC20 has some strong motivation to contribute less charge is the one and generally significant among them.
hero member
Activity: 2002
Merit: 535
February 15, 2021, 12:48:55 PM
There are plenty of very promising trc20 token however for me erc20 tokens are more convenient and very accessible token that the token of trc20.
Everyone is migrating from ERC20 tokens because of the higher transaction fees, if you recently transacted anything you will understand the difficulties faced by small time investors as they need to shell out around $40 on average to make a ERC20 transaction, so you cannot call them convenient anymore.

I am yet to search for new projects even though i was very active in the token market during the initial stage and if i find any good project which is promising then i might think about investing.
copper member
Activity: 1400
Merit: 103
February 15, 2021, 12:45:00 PM
I am not at all interested in TRC20 tokens except USDT, because a lot of scam tokens are generated there, distributed for free to random addresses. This is especially frightening for clueless new users as their assets might just disappear.
copper member
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
February 15, 2021, 12:29:13 PM
Either ERC20 token or TRC20 token, i will buy them if i see the project behind the token is promising.
The most important is the project itself, maybe there are many people who invest on ERC20 tokens because there are more projects using ERC20 token than TRC20 token. For me, ERC20 token is good, the only problem is high gas fee.
indeed, it is not important to see the platform used by the project. but most people are also more interested in using the erc20 network even though there are frequent problems. Currently, as you say, there is a problem related to fees. If trc20 can provide a solution related to fees I think there will be a big adoption of their use of their blockchain network.
sr. member
Activity: 1498
Merit: 443
February 14, 2021, 04:18:28 PM
I find the Tron coin very good when viewed from the rating coinmarketcap, it's just that the Tron price chart is very unstable. I think that currently everyone is focused on BTC and ETH coins because the price of these coins is rising, so it is the target to buy them and it is predicted that the price of these two coins will increase more than the current price.
full member
Activity: 490
Merit: 107
February 14, 2021, 04:11:27 PM
Im not a token type investor, so whether its erc20 or trc20 i will not do it. Until now i dont have any interest on token, i prefer coin over it.
But i do some airdrop or bounty which use TRC20 platform.
sr. member
Activity: 978
Merit: 250
February 14, 2021, 03:50:15 PM
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.
The third largest coinmarketcap has USDT which one transaction costs over 5 USD but on Tron cost is zero. Tron blockchain transaction cost is very low. Some top Tron blockchain also support Ethereum blockchain. I think you don't need only the names of Tron blockchain altcoins. BitGuild and OIKOS are on my list but I just invested a very low of my portfolio, both altcoins I have been checking since bounty was over.
member
Activity: 145
Merit: 10
February 14, 2021, 02:36:05 PM
I am less interested in investing in the TRC20 token. Because there are countless cases of tokens not developing to date. I chose the safe way to invest in Defi tokens or other tokens that are certainly such as ETH. If Eth fee still this high even after few months I might reconsider and trying to dive in seeing some ALT projects for sure. Ethereum platforms are still more popular and interested till now hope for the best.

sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
February 11, 2021, 02:34:01 AM
When I checked on Justwap's liquidity, people weren't really interested in investing in tokens based on TRC-20. Although indeed the transaction fee on the Tron network is cheaper than the Erc-20. maybe if the Hype of Tron in the future could be bigger. I think people are interested too. The last time I had a token base TRC-20 was Jul and now the price has increased quite high
maybe what you experience is something that is considered a blessing in itself, because TRC-20 is not widely known by crypto users in general and the coins based on it are also not as grand as those in the ERC-20.
So it really takes time and trust that can make investors interested, because usually when there is a surprise people will flock to find information and don't hesitate to invest in it. so I think it's just a matter of time and trust that the TRC-20 has to build.
clearly not easy and requires hard work and if possible many want to use it, especially for quality bounties.
full member
Activity: 674
Merit: 100
February 11, 2021, 01:38:28 AM
There are plenty of very promising trc20 token however for me erc20 tokens are more convenient and very accessible token that the token of trc20.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 11, 2021, 12:09:44 AM
actually I only chose TRX for the TRC20 coin. however, I took advantage of the cheap fees that TRX currently has compared to the current ERC20. Besides that, I also feel that the fees at ERC20 are very large at this time. So, for the time being, I still choose TRX, besides that the price hasn't been pumped yet, I hope it will pump soon.  Grin
hero member
Activity: 1260
Merit: 510
February 10, 2021, 10:29:43 PM
I have not invested in the TRC20 network. Maybe if there is a token resulting from a bounty that uses the TRC20 network, I will keep it if the coin is good, but so far it is very rare for bounty projects that use the TRC20 network.
Almost most projects use smart ERC20 contracts. Competition in the crypto industry is very tight, although many do not use smart contracts TRC20, but TRC20 is a potential and strong network until now.
It is very rare for a new project to use the TRC20 network, but since ethereum gas is expensive, many projects have tried to wrap coins in the TRC20 network. I think you can now try choosing tokens from TRC20, because the transaction fees are cheap, so you can easily sell your tokens.
Maybe JST or BTT can be an option, because the price is still cheap Smiley
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