Do you invest in TRC20 tokens - page 6.

memyselfandi

full member

Activity: 573

Merit: 100

Futurov

Quote from: ?? on ??

Quote from: Winscosinally on February 10, 2021, 03:45:19 PM

Tron isn't a good place for smart contract projects because most projects that runs on Tron are either shit coins or bad projects from bad developers, they always end up getting dumped in the end, I think Ethereum smart contract is just better

So I came here just to check some users' sentiments and found out that not many people really like the tron platform. And yes, if someone asks you, what TRC20 tokens you know, and more than likely, you can't answer that question. But if they ask about ERC20 tokens, you can easily name at least few of them. That comes to conclusion, that not many tron-based projects are popular in the community. I can't even name one at once. So nope, not investing in trc20 tokens.

It's a nope for me also, trc20 tokens have a poor market credibility and stability. We can't trust trc20 tokens and risk our holdings because it has a high chance of dumping. But as you will notice here in the forum, a lot of people are complaining about the high eth gas fee. If eth network will not do any actions with gerards to this, maybe there is a chance that some projects, customers and investors will switch to trc20 base token. Just a thought.

chocula

newbie

Activity: 12

Merit: 0

I used to have a ton of them, but have no idea how to get them back or see what I have. I used the Jaxx wallet and the new Jaxx wallet does not pull up all of those coins. Heck, it does not pull up any of them

Wulan_maniez

full member

Activity: 840

Merit: 102

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.

JNR

full member

Activity: 585

Merit: 100

@JNRcryptobox

Quote from: cryptonx on February 10, 2021, 05:20:51 PM

Quote from: sakbahagiaku on December 19, 2020, 09:04:23 AM

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.

sometimes yes, when i see there is a good project created on tron network my friend
and for now Tron network is better than ethereum network in transaction fee
especially if the project has a plan to run on its own blockchain in the future

indeed, i also will invest in TRC20 tokens if the project is promissing and has a great team
and bring something new in this industry, such as features or maybe technology

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

Quote from: sakbahagiaku on December 19, 2020, 09:04:23 AM

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.

sometimes yes, when i see there is a good project created on tron network my friend
and for now Tron network is better than ethereum network in transaction fee
especially if the project has a plan to run on its own blockchain in the future

Dragonfund

full member

Activity: 546

Merit: 148

People invest in erc-20 tokens projects because they are popular and due to this factors, demand comes in and hence they easily makes profits. But TRC-20 tokens aren't that popular compare to Ethereum otherwise if you carefully obeserve and check them out (TRC-20 tokens), they are well structured fundamentally with real used case.
Another reason why I still thin people or developers don't like to host their token on Tron network is because they are simple to create and most investors are Defi users. The gaming platform always used Tron networks because of their gas fees.
I used TRC-USDT most of the time on Tron network because of the gas fees. Each of them with their pros and cons. Invest wisely.

Winscosinally

member

Activity: 490

Merit: 16

Tron isn't a good place for smart contract projects because most projects that runs on Tron are either shit coins or bad projects from bad developers, they always end up getting dumped in the end, I think Ethereum smart contract is just better

leatutz

full member

Activity: 523

Merit: 100

Quote from: sakbahagiaku on December 19, 2020, 09:04:23 AM

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.

Do not rely on others' research, although you can include your research with others. There isn't a single coin that we can mention, but TRC-20 tokens investment can't be perfect. What I mean is just focus on a good project and ignore different blockchain investment. For Ethereum, the highest transaction cost people are using Binance blockchain, focusing on that blockchain.

NextDoor125

member

Activity: 153

Merit: 10

Currently, the position and acceptance of ERC20 are much better than TRC20. Although I would choose ERC20 and I would also invest in ERC20. However, I would say TRC20 is a very potential project. The TRON network is very strong. However, in order to compete with ERC, TRC 20 has to be stronger. In the future, TRC 20 may play a different role in the crypto market.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: lumierre on January 31, 2021, 01:31:30 PM

I do not invest in TRC20. I do not consider it promising. The price is growing slowly, there are many other good projects where you can invest money and make good money. But this is my opinion, maybe for someone it is valuable.
USDT TRC-20 is not as popular as ERC-20. Therefore, and a small turnover.

And still there are people or particularly investors and traders who are willing to take the risk, as log as there are opportunities this people will come and participate.

The market still small but in time it will also grow as long as the marketing and the developers wil continue
providing updates and good options to use this system, there are potentials that this venue of investment
will grow more, best thing to do is to keep your understnading, dealing with deeper research saves you
time and possible invested money.

lumierre

full member

Activity: 862

Merit: 100

I do not invest in TRC20. I do not consider it promising. The price is growing slowly, there are many other good projects where you can invest money and make good money. But this is my opinion, maybe for someone it is valuable.
USDT TRC-20 is not as popular as ERC-20. Therefore, and a small turnover.

sakbahagiaku

newbie

Activity: 97

Merit: 0

Quote from: ?? on ??

For me, maybe I'll invest in trc20 tokens but not at this time or moment. Because if we will look and study the market, erc20 tokens are really showing an outstanding market performance which is far more than trc20 token. But maybe this is just not the right moment for the trc20 token, remember that the erc20 tokens are also not being recognized in the market way back few years ago.

I think, there is a long to go for the TRC20 token. As you said, initially people didn't know about ERC20 tokens either but over time that all changed. Hopefully the same will happen to the TRC20 token.

kevinzxz

full member

Activity: 1470

Merit: 105

👉bit.ly/3QXp3oh |🔥Launchpad on TON

Quote from: Mighty_crypt on December 19, 2020, 09:30:19 AM

Tron smart contract projects are not as good as the ERC20 smart contract projects, I might be wrong but judging from may Tron tokens I've seen they always end up becoming useless and worthless faster than ERC20 tokens, I don't know why, ERC20 tokens are enough for me

I agree with you, because in my opinion the price of TRC20 token will not increase as high as the price of ERC20 token, therefore I also prefer to invest in ERC20 token rather than TRC20 token, because I have made a big profit from investing in ERC20 token, so it makes me comfortable to invest in ERC20 token, therefore I think investing in ERC20 token is more profitable than investing in TRC20 token.

sakbahagiaku

newbie

Activity: 97

Merit: 0

Quote from: Princejebs on January 11, 2021, 04:00:26 PM

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.

I have read some of the comments above, that many use USDT from the Tron network just to send because of the low cost, I agree with you, many of the tokens from TRC20 are game based and I don't like it either.

TofuDefi

jr. member

Activity: 156

Merit: 4

Trade and stake Ethereum assets on TRON

Quote from: lumokupong21 on January 12, 2021, 10:19:21 AM

I see TRC20 is not bad either with ERC20, but when talking about investing I also invest with TRON. But here I judge that in terms of price, ERC20 is always better than TRC20?

In TRON world there are a lot of scams and gambling tokens now, so people are more cautious about TRC20 tokens. But I believe that low fees and compatibility with Ethereum's smart contracts will attract a lot of good projects to the platform very soon.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Looking at the way the eth gas fees keeps increasing i can't help but think that it is not a bad idea to start looking for at project from different network with considerable fees, a friend of mine spent close to $20 for fees of his erc20 tokens, this is rip off, if your tokens are not valuable enough don't bother thinking of selling because you will end up spending more than what you will get,
i hope new project will go to trc20 network and dump this high gas sulking network Undecided

there is nothing special in this network except it rip you off.

lumokupong21

member

Activity: 244

Merit: 10

FRX: Ferocious Alpha

I see TRC20 is not bad either with ERC20, but when talking about investing I also invest with TRON. But here I judge that in terms of price, ERC20 is always better than TRC20?

khimer_rangers

full member

Activity: 565

Merit: 100

BountyMarketCap

i chose both and i also invested in both ERC20 and TRC20 tokens,actually it is not important to me the most important thing is about their project,but I am more accustomed to investing in ERC20 tokens and only a few use the TRON platform

TofuDefi

jr. member

Activity: 156

Merit: 4

Trade and stake Ethereum assets on TRON

Well, you guys don't invest in tokens, you invest in projects and people behind those tokens.

From technical perspective TRC20 is almost the same as ERC20, there is a little or no difference between them. And any project who issued ERC20 token can issue TRC20 token. USDT and WBTC are present in both chains for example.

Of course some projects won't do that for some reason, like being Ethereum maximalists or just not having time for that. But with our TofuDefi we are going to bring all ERC20 tokens to TRON eventually Grin

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: ene1980 on January 11, 2021, 08:36:17 AM

Quote from: ethereumhunter on January 11, 2021, 07:33:41 AM

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.

Quote from: ?? on ??

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.

Topic: Do you invest in TRC20 tokens - page 6. (Read 1628 times)