Hi fellow traders and investors ,
I am starting this channel to help as many people as possible maintain sanity in the current ICO jungle and the upcoming ICO massacre in 2018!
I will create a separate post where I will lay out my principles and beliefs and how are they backed up :)
But for now lets talk about TRON #TRX :)
Worry reasons:
No product yet -> According to all sources High Investor interest is Available, all awaiting for the product beta!
Weak proof of work actually being done on the project -> He Tweeted 5 hours ago that they will reveal the Source code in 2 days! ->
Allegedly promotion of TRON was made using eastern European models at the Crypto fair in China -> OK, if actual development of the project is on Schedule, otherwise it seems like a scam :)
China Banning ICOs -> This is basically giving TRON a head start ahead of every other Chinese ICO, while other developers and ideas are uncertain about their future and financing, TRON is moving ahead warp-speed style!
Optimistic reasons:
Justin Sun is getting really active -> I was really worried about it when I couldn't find a proper interview of Justin Sun on Google... -> Fortunately he did a live stream last week Yey! I really recommend watching it if you are to Invest! He answers all urgent questions! :) -
https://twitter.com/justinsuntron/status/944388182853894144
- justinsuntronJohn McAfee is pumping it, and I am a huge believer in Mr. McAfee (more on that in a different blog) ->
They announced a partnership token with the largest bicycle renter in China, who wants to digitise all its transactions via the TRON network ->
https://twitter.com/justinsuntron/status/945684152552230912
- justinsuntron
China will eventually relax the bans on Crypto and TRON will Explode! -> The China ban on Bitcoin exchanges a few months ago triggered a 5x buy reaction 3 months ago, check out Richard Heart's massive stream on it ->
Last but not least technical analysis!!
TRON is currently at temporary MINIMUM, very close to the support price of 0.00000200 Satoshi
The next
As you can see this support line is very well defined and with all the good news coming to Crypto and TRON, I am very certain this will be the cheapest TRON you will ever be able to buy!
The price is currently around 0.04 USD = 4 cents, having in mind Newb Investors don't really understand why, they would think this price is very low and want to get on board!
As you can see there is this huge Whale who bought an insane amount of TRX on the 26th of Dec.
I am a huge believer in such "coincidences". These people are really well informed and are after huge profits!
Every time you see such an event, you better go along with the Whale!
Summary:
I have spend over 10 hours researching TRON and these are the most crucial pieces of information.
I hope you will make a lot of profit out of this!
Happy Trading! Make sure to make your own decisions!
#TRX to the Moon!