Tron is going lower and lower with its price, experiencing an occasional increase now and then. However, instead of having investors and holders turning against TRX and focusing on another coin, Tron is getting more and more interesting for investors. This is the case because most investors are realizing that “buying when low” isn’t just a saying – it is the first commandment in the Bible of trading with cryptocurrencies. Here is why you shouldn’t give up Tron just yet.
Do we remember what Tron is?
Although TRX price is dropping, the interest of investors is increasing. This case is potentially promising an increase or two in the following weeks, so let’s bring to mind what Tron is all about.
Launched and developed by Justin Sun and his team of developers and programmers, Tron has been around since September 2017, which still makes it a “young” cryptocurrency. So, it’s no wonder this currency is taking baby steps towards becoming a big coin, which is the initial idea behind every coin – get more attention, get more investors and get more on price against the dollar, ETH and BTC.
TRX is a coin set on a completely decentralized platform we call TRON, as named by Justin Sun, one of the most influential people in the world of crypto values. With this coin, you can make fast transactions that are completely secure, safe and encrypted in favor of all TRON members. The main idea behind TRX is to promote and support the entertainment industry, being worth 1 trillion dollars at the moment of this writing. So, you may say that Justin Sun made a valuable choice with going for promoting the entertainment industry. The platform was created to enable all members, users, holders, and investors to upload and download different types of media, mostly within the entertainment industry, without the third parties like Google Play Store and similar “middleman” parties.
TRON, as a blockchain platform with unquestionable decentralization of the entire system, is made to help people to access easily, download, upload, use and purchase different content without overpaying or working in favor of small groups that make a profit. The community is said to be made as a non-profit ecosystem that doesn’t exist for the purpose of bringing profit to any parties involved.
How Can You Benefit from Tron?
Although this digital coin has suffered from massive decreases in the past week, potential investors still have many things to look forward to. Based on the way Justin Sun is leading his projects, Tron is everything but doomed, so even though its price dizzily is going down, Tron is still keeping up with the competition.
Till recently, Tron even managed to climb on the top 10 global coin ranking list, from where it was soon moved from place number 9 to 11th spot on the list. This case occurred somewhere around the initial first major decrease in Tron’s price against the dollar. At this very moment, TRX is holding spot number 15 on the global coin ranking list with the price of 0.03$ per one unit, which is the result of all the decreases that occurred during the last couple of days.
Many people think that having Tron’s price decreased is a bad thing, but what many investors are probably missing down the road is the fact that this is the best time possible to buy as much TRX coins as possible and wait for the price to jump up.
Given the fact that Justin Sun has given his best on having TRON created as a fully functional and completely decentralized platform with TRX as its main token of value, really gives hope that Tron is soon the become a huge deal on the crypto market.
You can benefit greatly from this downfall in price as nothing changed with TRON – this digital network is still working in favor of having fast transactions and creating new opportunities within the entertainment industry. That means that Tron might be the most promising coin currently available on the market. How come?
Well, if you give it a thought, you will realize that TRON decentralized ecosystem along with TRX as its digital token, represents a functional blockchain based environment, just like Ethereum or NEO. But, instead of having to invest over 1500$ for purchasing one NEO token and a single ETH, you can buy a flattering number of TRX tokens and get the same functionality for a way lower price.
Afterwards, the only thing left to do would be waiting for Tron’s price to jump up. Just remember that time when Bitcoin, LiteCoin, Ethereum and other “successful” crypto tokens that are now worth thousands of dollars per unit, were worth less than a dollar per one coin.
You might have missed that opportunity, but luckily Tron stands for a great opportunity on the rise.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.
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