My TRON / TRX Cryptocurrency Analysis
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TRON / TRX was shaping up for 2018 as one of the most promising currencies. With the rise of cryptocurrencies have appeared those that have a very low cost that many people see as "the chicken of golden eggs." before investing in a currency I personally think that you should investigate who is behind the project, evaluate the reliability and if the project really convinces you to invest in it, besides having clear the trajectory and scope of the project to know even before investing if your earnings You can get them in the short, medium or long term.
WHAT HAPPENS WITH TRON?
This currency has experienced a volatility of epic and historical proportions passing in a few months since its creation in September 2017 with a base price of 0.002 $ USD to increase to an absurd sum of 0.24 $ USD for the first days of January 2018. Many people are scandalized today because the price of the tron collapsed and is currently trading at 0.049 $ USD
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graphic of maximum historical.
Keep in mind that not only the TRON, but all the cryptocurrency market has experienced a DOWN at the beginning of this year. the fundamental pillar of this market is the bitcoin if the Bitcoin goes down in price, the most common is that the coins that are just taking their first steps also do so accordingly and taking into account that the TRON / TRX entered the market in September Last year he enters this susceptible and volatile category.
Can Invest in TRON?
The answer is "YES"
This is a cryptocurrency that in my opinion is very solid and will perpetuate itself in time for different reasons.
- It has a market cap of $ 3,223,416,908 USD, ranked 15th in the ranking.
- It has a community of more than 256,000 followers on Twitter in less than 5 months.
- The work team behind this crypto is of high renown and trajectory.
- has investors like Peiwo app, Uplive and Gifto.
- The executive director is part of the "Ripple" team known as cryptocurrency.
- The executive director is part of "Alibaba group" (extremely successful company, similar to Amazon but in Asia).
- The executive director has appeared in Forbes magazine twice.
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Justin Sun Founder and CEO of TRON / TRX
Can I expect short-term gains?
The answer is "NO"
The project that is behind TRON / TRX is extremely ambitious its initiative is to bring the web to a decentralized version and free, without intermediaries and that's where the hard part lies because these intermediaries would come to be organizations like google, apple, playStore Etc. very powerful franchises that would be totally disjointed since what TRON is looking for is to store content and projects freely and because of that you receive your reward based on the quality of it and do not have to wait for one of these magnates to decide to invest in your content that gives users equal conditions when offering their projects on the network. already understanding the scope of the project you must understand that it will not pay off in the short term since this is a process that will gradually take place, revolutionize a network and change everything that is pre-established does not happen from one day to another or in question 15 days, so if you invested in TRON have patience your money is not lost you will see countless times as its price fluctuates, if you have not bought it this is a good time to take it into account and enter even with a sum that you may seem insignificant ... stay informed of any eventuality in the coinmarketcap and your official twitter ... I wish you good luck.
Thanks to all those who took the time to access my post I hope it serves them well and if you liked it I hope you let me know with an Upvote.
HAPPY DAY AND MUCH LUCK
Note: Everything exposed in this post is my personal opinion, the cryptocurrency trade is highly variable and many risks are assumed when investing ... this post is of opinion and should not be taken as direct financial advice.