TRON (TRX)... ANYONE PAYING ATTENTION YET???
Hey everyone, as I approach 1000 SP it feels good to be making this post. I have been on Steemit since Sept 2017 and it has taken me over a year to finally reach that elusive 1000 Steem mark and what a great feeling it is.
The title of this post may be a little subjective as I have been a Tron fan from it's inception, Steem and Tron to be totally honest are my top 2 but for the purposes of this post lets talk about TRON (TRX)
I invested in TRON at an early stage and sadly 'bought the bubble' at the top a year ago in January when it was around 20c. This was not very pleasant at all, much like the rest of the market it has been in a bear trend for the last 11 months.
How you may ask does one get over this loss and or cope with it? One simple answer: Dollar Cost Average all the way down, which is exactly what I did.
I made my last substantial buy about 2 months ago when TRON was at 0.11 as of right now it is up 12% for the day and I have made over 150% on that investment. 12% for the day is common in cryptocurrency as most of you who have been here a while know, however when everything is down for the day but one or two up against the trend, something good must be up?
Why I like Tron
Have you heard of Bittorrent? Tron and Justin Sun own it and are launching its own currency coming soon called BTT.
Tron (TRX) is currently top 9 on www.coinmarketcap.com
DAPPS Decentralized APP's fast to take over Ethereum, many developers are migrating over to TRON as their transaction speed is way superior as well as a plethora of other benefits!
The Team, The Growth, Justin Sun and his contacts (Jack Ma, Alibaba)
If you head over to www.coinmarketcap.com you will notice a sea of red with one 'Green Penguin' guess which Penguin that is? Tron of course. A 30% gain for the week and 12% gain for the day where everything else is going down I would take as a great success.
Below screenshot taken from www.coinmarketcap.com in the last hour!
TRON
TRX
$1,717,944,950
$0.025778
66,642,765,338
$245,900,752
0.62%
11.77%
34.15%
I have staked all my Tron on https://tronscan.org/#/account This has many benefits. You can stake your Tron which I have for 6 months now, you then vote for super representatives. In my humble opinion the best Representative with the greatest payout is Sesameseed. They pay you back in Seed which is 5-1 on Tron. Which means you get 5 Tron for every 1 Seed you gain. This can be easily sold or exchanged for Tron on the TRXDEX on www.tronscan.org (yes they have their own exchange too) You are effectively earning interest on your cryptocurrency, which other crypto's can that be said for? I have gained around 1000 TRX interest over the last 3 months in doing this, #FREEMONEY what a bonus!
Bittorrent users? BTT will soon be launched. In the past we used to download files on a peer to peer basis, this will not change. What will change however is 'seeders' will now be rewarded with BTT (Bittorrent Token) The amounts are to be confirmed, be sure to follow Justin Sun on Twitter for updates here: https://twitter.com/justinsuntron
Check out the Bittorrent Whitepaper here: https://www.bittorrent.com/btt/btt-docs/BitTorrent_Token_Whitepaper.pdf
Unconfirmed reports show that TRX holders will receive an equal amount of BTT when it drops, be sure to keep up to date with that on Justin Sun's twitter feed. Tron is having a seminar in the next 10 days odd called Nitron more of that here https://twitter.com/i/status/1070852683542614017
The future looks bright all thanks to decentralization and cryptocurrency, as for Steem and Tron I will be holding mine for a considerable time to come, dollar cost averaging and re-investing as these are the two most solid projects that I truly believe in, to date, their track record speaks for itself!
Have a super cool week.
Cheer$;)