Some questions about the Tron coin. | Bitcointalksearch.org

ven7net

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

Smitty Werben Man Jensen

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Quote from: takngantuk on January 09, 2022, 08:49:29 AM

Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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

Mkmanik

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Quote from: Kyraishi on January 08, 2022, 04:19:08 PM

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.

takngantuk

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

Kyraishi

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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.

TastyChillySauce00

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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.

Mkmanik

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

ethereumhunter

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

Ararbermas

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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 .

sana54210

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Quote from: adaseb on January 05, 2022, 11:17:57 PM

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.

adaseb

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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.

Kadal Ijo

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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 .

Wawa2013

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

StarKay

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Tron is not doing badly from my perspective but it might not have performed as well as it's competitors in terms of profitability.
Tron price is also not too volatile, I think that because if it's huge supply and maybe the developers philosophy, Tron has not really pump like other coins but Tron is still good and in a way performs better than Litecoin, Digibyte and Dash.

JeffBrad12

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I have some reasons why tron's price very low today

1. Lack of utility
2. No defi on its blockchain that uses this just like so many defi on BSC chain. That makes tron has less demand.
3. People are thinking this blockchain is an expensive blockchain right now
4. All of product developers by child companies that bought by tron founder and team become failed product i.e BTT, Poloniex
5. The developers are very strict and they are making this public blockchain can be controlled by them. I see a project that refuses to work with the tron team and they got threatened.

So many bad things around this blockchain, tron explorer is also the worst explorer that i have ever seen in my life. It's having very very bad UI and is very complicated to understand. This project has no potential anymore. The competitor has done far better than this one.

nimogsm

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for a long time to keep the advice is probably not very good.Here, of course, everyone decides how to do the right thing, I probably use it for fast and cheap transactions, as it is very convenient, payments go very fast, that's all the advantage.

lobo13hf

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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

Even when you're still calling this one is having a low price but tron seems over valued at this moment. Tron is only tied with USDT as a thing that was giving tron the demand to use the tron blockchain. I have been seeing that so many tron users are also starting to complaint about the tron blockchain fees. Talking about the potential this coin is having potential but im also seeing that less and less people talked or discussed about this blockchain. You can also see that in this sub section if this time majority of new discussion about the blockchain coin are dominated by the solana, avalanche and many more. I rarely seen people talking about tron coin anymore. Is that a sign if tron will be coming to its end? i meant the end of tron blockchain to be one of major cryptocurrency. It doesn't make sense to hodl this coin.

asyakashi

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Tron is a security coin I think is perfect for the long term. The problem is that these coins rarely get hype with very few communities of top projects usually making it difficult for trons to make a trend. However, I believe tron has good network security. Even transacting on the tron network is very cheap, we only wait if the tron manages to gather their large community.

chakhigh

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TRON seems to move slower than many other projects, regarding its price.
But, there still be room for more growth. I see it has more potential than other competitors thanks to its low transaction fees and fast confirmations.

Defi is here to explore the benefits of the TRC20 blockchain. New projects adopting TRON will surely help its price. I think Tron is one of those innovative technologies and helps Defi tokens like the new Ferox/frx one has more success.

Cheap and fast transactions are two important cues for crypto investors.

DapanasFruit

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Quote from: barabeku on January 03, 2022, 07:35:12 AM

Actually, I think that Tron suffers from the lack of advertisement. Marketing is really important when there are so many competitors so I think that Tron should change its marketing strategy so that more people become aware of it. As far as I concerned, I don't have too much tron so I can't call it like I invest in it, so if it pumps I don't get a huge profit, on the other hand, it will be pleasant, the main purpose to use tron for me is to pay commissions in tron chain.

The Tron platform is always associated with Justin Sun. And in the past years, he was so active and always on the news even picked up by the mainstream and crypto media but lately seems to me that he has stopped to be on the news compared to Vitalik Buterin. There was then supposed to be rivalry between him and Buterin but we know which side is winning right now. More than a year ago, I purchased 900 TRX for $90 and the value right now is just around $100...not a very attractive rate considering how many of its contemporaries made strong and solid strides in the market. I could not understand what happened to the marketing savviness of Justin Sun and his minions.

khiholangkang

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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 price is low because the supply is also very large, and regarding the potential of TRX, I think it is still there but it is very difficult to grow rapidly. Especially after Justin Sun resigned from the position of CEO.

Gorosden

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Tron is just there with zero hype that's why it never surge much in bull market also developers choose new smart contract projects over Tron TRC20 network because I heard it sucks also Tron CEO isn't making the platform a easy place to be for new projects

WalkerIVIV

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

What is wrong about the Tron coin?

Lack of demand as the result from the lack of utility of tron coin. So many dapps developers didn't wanna build their dapps in tron ecosystem and that forces so many parties migrating to the another blockchain like avalanche.

Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

Why its price is low and how about its potential? Does it make sense to HODL it?

It's as a reflection from the demand that was leaving the market. People are preferring to sell their tron to be used to bought another tokens. You can see that how polygon as the new blockchain can surpass tron easily. It was also over performing tron in term of adoption by the developers. I thought that this gives you a small insight about what will be happening with the tron blockchain soon.

Yogee

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Quote from: barabeku on January 03, 2022, 07:35:12 AM

Actually, I think that Tron suffers from the lack of advertisement.

Are you being serious? Tron is not a start up that needs more marketing. It's probably more on people not seeing it as an investment vehicle despite all those issues and other marketing stunts pulled by Justin Sun. They still have a good volume of transactions so we can assume it's mostly used for fund transfers.

SlimShadyMmp

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Personally I wont hold it at all but sure their network is the cheapest you can use to get your assets across and is fast enough unlike ETH so basically the reason it has so many users is just quick transactions and low gas fees and lets not forget is one of the legacy smart contracts to rival ETH and it didnt do a bad job at it at all I think the only problem was it lacks devs and the fancy NFTs vibes didnt get to it

tsaroz

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

Tron surely lagged behind some other good performing coins. They are left behind in the defi and NFT boom even though they had a good headstart than most newer coins. I'd still like to hope they are still working behind the scene and some whales might be collecting and holding those coins for cheap. They have recipe for success as their nearly zero transaction fees would be useful in Defi and Dapps gaming, if executed well by the team and developers, they could be the next coin to moon.

Ulven

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

Tron coin is among the best performing cryptocurrencies. It is innovative and its network has been developed. If you examine its transactions, you will find a large number of transactions that are broadcast daily. This is technically the case. As for the price movement, this is due to the buy and sell orders that affect the movement of the price path. If there is more demand than supply, its price will rise and vice versa.

sovie

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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.

When Tron appeared on the market, was a very modern and perspective coin. It was technologically very well developed. Sure, it's still one of the best projects on the market, but in the meantime, better projects appear. In my opinion, Tron still has a chance to develop, but projects such as BNB, ADA or SOL just develop faster.

livingfree

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Quote from: hack3rcon on January 03, 2022, 07:03:59 AM

Quote from: livingfree on January 03, 2022, 05:51:20 AM

Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

Hello,
Thank you so much for your reply.
What is your estimate about its price in the future?

I don't have any estimation for it.

I'll just leave it to the better speculators and predictors in the market for this coin. But if you want to have thoughts about it, look over for those threads that discusses about its future price.

barabeku

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Actually, I think that Tron suffers from the lack of advertisement. Marketing is really important when there are so many competitors so I think that Tron should change its marketing strategy so that more people become aware of it.
As far as I concerned, I don't have too much tron so I can't call it like I invest in it, so if it pumps I don't get a huge profit, on the other hand, it will be pleasant, the main purpose to use tron for me is to pay commissions in tron chain.

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Quote from: livingfree on January 03, 2022, 05:51:20 AM

Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

Hello,
Thank you so much for your reply.
What is your estimate about its price in the future?

livingfree

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Quote from: hack3rcon on January 03, 2022, 05:43:23 AM

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's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

hack3rcon

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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.

Topic: Some questions about the Tron coin. (Read 283 times)