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Tron (TRX) or Ethereum (ETH) which one should you invest in?

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Choosing a particular currency to invest in has very little to do with how well we consider a project or what we believe it stands for. It’s all about trying to figure out if the coin will grow in value as the platform associated with it will be adopted and achieve new partnerships and, as a consequence, the coin’s price will rise. So the main point to consider, if you want to become an investor in the crypto world, is to determine which asset has better chances to be profitable.

Ethereum (ETH) is the world’s most crucial cryptocurrency after Bitcoin in terms of market capitalization, and it’s had several successes recently. Tron (TRX) is not even a full-year-old yet (the crypto will turn one year old this July 1st), but it’s about to launch its very own platform, and has a very respected leader Justin Sun who is hugely admired and respected in the business world, not just among cryptocurrency fans.

Tron’s rise has been so impressive and so quick that it’s now being lauded as a candidate that soon will be playing with all the market’s bigger boys (Ethereum and Bitcoin included).

Ethereum (ETH) is the second most recognizable cryptocurrency, thanks to its recent successes and ranks behind Bitcoin only in market capitalization. TRON (TRX) is an emerging platform, soon to launch its Mainnet and lauded as a potential top contender in the market. Which one makes for a better investment?

Why TRON (TRX)?

TRON is becoming a star cryptocurrency very quickly. It’s been up and down, but behind its fluctuations, Tron’s founder and CEO Justin Sun’s resolution, to make it work and create a web that is decentralized and democratic remains rock solid. 

TRON’s coin is called Tronix (TRX). It has seriously tanked before, mainly due to the speculative influence that sometimes a massive influx of inexpert investors brings to the market.

There are two things about TRON that could make it the superior investment choice: it’s new Main Net’s potential, and Mr. Justin Sun’s proficiency at marketing and leadership

Tron’s new Main Net

The new Main Net, which is scheduled to come online this next May 31st will impart TRX and the network with a set of advantages that Mr. Sun has hailed as much better than Ethereum’s. 

While Ethereum fans were less than thrilled to hear that (not to say hostile), Mr. Sun usually delivers on promises and those new features could allow Tron to be adopted in mass very quickly.

The transaction fees will be 0.00001TRX per transaction (you don’t get any closer to zero than that). The network scalability will grow dramatically (delivering as many as ten thousand transactions per second). 

These features will be critical as Tron attempts to take over and decentralize the whole world’s entertainment industry which is one of the foundation’s core aims and values. If the gaming industry takes TRX seriously, it will become valuable sooner or later.

Effective marketing

Last April Tron did a thirty million dollar airdrop to the Ethereum community. This brought TRX into many new user’s awareness, and all these new users are now paying attention to the Main Net launch. 

The launch includes an incentive package for users and community members worth two billion dollars, no less. This will pull users and developers into the new infrastructure, create a broader community that will be very committed to the project and that will work hard to bring Tron into the mainstream through adoption.

Being a little speculative, there is a chance that TRON’s rise could make some of the world’s big tech companies pledge their support through adoption and other means. 

Alibaba is often cited as the leading candidate because Mr. Justin Sun is Mr. Jack Ma’s (Alibaba’s founder) protegé and former student. This would be delightful news for Tron.

Ethereum (ETH)

Ethereum is the crypto world’s darling right now. It’s more influential, known, and has both the market’s momentum and inertia going for it. Some observers even think it could leave Bitcoin behind at some point in terms of market capitalization. Some projections put ETH’s value at its peak by this year’s end.

DeVere Group’s CEO, Mr. Nigel Green, is quoted as saying,

“The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020.”

While Ethereum remains the platform of choice for developing decentralized applications and launching ICOs, that’s because it’s been virtually unchallenged so far on that. 

But as five new cryptocurrencies will be releasing their own Main Nets this very year, Ethereum’s dominance in this regard could be short-lived or, at least, seriously challenged very soon.

But for the time being, new projects appear all the time on the platform. Gas, weather, space exploration, just to name a few. The new apps developed in the platform (and that end up working) will add value to its underlying currency.

Ethereum improves through upgrades

Ethereum’s dominance will stay around for a while yet. But it presents some scalability limitations and problems, and the relatively high fees it charges make developers feel attracted to other platforms. 

Mr. Vitalik Butrin and his team have perceived this problem and are working hard to improve the platform by releasing relevant upgrades. Sharding and Casper are some good examples. It’s possible that the new proof of stake algorithm will send Ethereum through the roof.

However, there is a very serious potential problem. Ethereum could be legally classified as a security, and that would make its value drop. While could only be a hiccup that will allow it to recover value in time, it would not play well in terms of investor confidence.

Last thoughts

Tron (TRX) position as one of the most successful (if not the most) emerging platforms and Mr. Justing Sun has been playing his cards very well, so it’s making it stand out and deliver on short-term goals. 

There’s a chance it will catapult this year, so this would be the right time to join. Ethereum is in a different situation; it just needs to come up with the correct upgrades to continue it’s unstoppable path to the top.

So this is something of a David vs. Goliath situation. If what you want is a cheap coin that holds lots of potentials, then TRON is the way to go. Its current price is cheap enough that buying TRX in bulk will not set you back significantly. If, on the other hand, you have enough money to get into Ethereum, the returns will be nothing to sneer at.

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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 and read our full disclaimer.

Image courtesy of Pxhere.com

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

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Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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