Is it safe to invest in TRX?

[cryptoworld1]

s It Safe To Invest In TRON (TRX)? TRON is one of the high-performers in the crypto industry today. It has also been viewed by some authors as a typical case of the complex and disordered nature of cryptos. TRON is currently ranked 26th among thousands of other crypto assets by CoinMarketCap.

What's your opinion it safe for investment?

[pakhitheboss]

s It Safe To Invest In TRON (TRX)? TRON is one of the high-performers in the crypto industry today. It has also been viewed by some authors as a typical case of the complex and disordered nature of cryptos. TRON is currently ranked 26th among thousands of other crypto assets by CoinMarketCap.

What's your opinion it safe for investment?

TRX is not a cryptocurrency for investment as due to its huge supply the price won't change. It is good for payments due to its fast blockchain and low transaction fee. I prefer using it for payment transfer rather than as an investment to gain profit. There are other crypto in the market that are good for investment. You should look into those options and always do your own research.

[James Anderson]

Evaluate carefully and do thorough research before making any investment decisions.

[James Anderson]

I am still confused about whether Tron is a good investment or not.

[coingeny]

Yes, it is safe to invest in TRON ( TRX ), because there are many TRON users, which also use Tether USDT on TRON. TRON transfers are free with up to ~3 transfers per day. But do not expect that TRON price can be much higher next year.

[CryptoPunk]

TRX is not a cryptocurrency for investment as due to its huge supply the price won't change.

When assessing growth potential, it's essential to shift the focus from the sheer quantity of tokens to market dynamics i.e, the market cap. The pertinent question to pose is, "What is the conceivable upper limit of its ascension?"

Presently, TRX boasts a market cap of 10 billion, implying that a 10x increase necessitates a formidable elevation to 100 billion. This proposition places it in close proximity to one-third of ETH's prevailing market cap. While the possibility of such an ascent exists, the likelihood of materializing within the imminent months is arguably improbable. It's noteworthy to highlight that TRX's stability could be contingent on the presence of USDT within Tronchain, and without such a stabilizing factor, the potential for value erosion remains a valid concern.

[Thyplaymaker]

Yeah Tron(TRX) is safe to invest in because of its slow movement. But don't expect much profit from it.
Is kinda close to its ATH than his ATL so there's a high chances it might beat its current Market price

[therozaq]

Yeah Tron(TRX) is safe to invest in because of its slow movement. But don't expect much profit from it.
Is kinda close to its ATH than his ATL so there's a high chances it might beat its current Market price

I agree with your opinion, don't expect much profit from TRX.
Because I see this coin don't show good performance,  growing slowly.
But We can invest on it for long term investment.
I have TRX in my wallet, not much.
have bought  at 2022.
It's still cheaper than now.
Perhaps TRX will touch 2 USD at 2024.
don't forget, always invest in other coins.

[Wiseman]

Yes, it is safe to invest in TRON ( TRX ), because there are many TRON users, which also use Tether USDT on TRON. TRON transfers are free with up to ~3 transfers per day. But do not expect that TRON price can be much higher next year.

Transfers of only tokens are partially free, but transfers of USDT from the TRON blockchain are not even free and now they are the second most expensive after the ETH blockchain, but here you can keep coins in stacking and transfer completely free, but not unlimited, only 1 transfer per day if you have about 3000-4000 TRX tokens in stacking, I write this because I constantly transfer and I have them in stacking.

[Gm Jutt]

In my opinion it can be a good idea to invest in TRON TRX but you need to be careful. TRON done well in the crypto industry... but some people say it is complicated and unpredictable. It is ranked 26th out of many other cryptocurrencies... which shows that it is recognized in the market.
But before you invest... it is important to do you own research (DYOR). Look at things like TRON technology teampartnerships and what is happening in the market. It is also a good idea to spread out your investments and talk to financial experts to lower the risks.

[Wiseman]

In my opinion it can be a good idea to invest in TRON TRX but you need to be careful. TRON done well in the crypto industry... but some people say it is complicated and unpredictable. It is ranked 26th out of many other cryptocurrencies... which shows that it is recognized in the market.
But before you invest... it is important to do you own research (DYOR). Look at things like TRON technology teampartnerships and what is happening in the market. It is also a good idea to spread out your investments and talk to financial experts to lower the risks.

There is danger in any cryptocurrency , even investing in bitcoin , I just don't understand what you mean by your words ( it is important to do your own research (DYOR) ) ? ? And yes, I completely agree with you that it is necessary to distribute investments, personally I wrote above that I have a necessity and not an investment and I am not sure that I would like to invest only in TRX, although they can sink like ETH and start burning tokens.

[mahadev]

I agree, every investment has a risk.
I think It depends on you decision to invest.
DYOR do your own risk, be careful.
Tron is one of my favourite coin for investment.
I think it's safe

[MrSpasybo]

During the 2017 cycle, Tron was famous as a fast and cheap network, very suitable for entertainment Dapps, but currently the power of Layer-1 and Layer-2 is very big and surpasses Tron. What I still think about Tron is that the TRX token holds its value very well and the TRC-20 standard USDT is often used.

Thus, the TRX token price will not have much support from the development of the Tron ecosystem. But Justin Sun is very smart, he can do many ways to boost TRX token price in the next cycle. Good marketing can create outstanding growth in token price.

The Tron network is also quite safe, so if only from the perspective of account safety: rarely hacked, the project is not abandoned or stopped working, TRX is a token that we can refer to.

[nakmantu99]

s It Safe To Invest In TRON (TRX)? l

 Sure,  it's really safe to invest in TRON (TRX).
As many people said above, TRON is popular coin.
We can invest on it, TRON rank is number 12 and  current TRON increasing  on crypto market is 22%.
It's really good

[robelneo]

s It Safe To Invest In TRON (TRX)? TRON is one of the high-performers in the crypto industry today. It has also been viewed by some authors as a typical case of the complex and disordered nature of cryptos. TRON is currently ranked 26th among thousands of other crypto assets by CoinMarketCap.

What's your opinion it safe for investment?

I used to accumulate Tron back 3 years ago because its developer Justin Sun was making a huge hype of Tron I remember he even invited Wareen Betty for dinner, but after Tron did not get the hype it deserved Dogecoin beat them because Elon Musk, it still a good investment I use it to trade to our local currency because it's fast and it's cheap.
I still have a small amount of Tron because I never lose hope in Tron's potential because who knows if it will get the hyped it deserves like Dogecoin.