Xzhi
Long

I called the previous Tron bottom. My current thoughts.

BINANCE:TRXBTC   TRON / Bitcoin
I have called the previous Tron bottom three months ago. Check that out in the related ideas section.

As you may know, I have been a permabull on Tron for very long. It is because I own Tron myself, and I am biased, but not without reason.

Tron is a good buy and hold.

1. Tron team has cash to last at least until 2021. There was over a billion USD worth of Tron sold at the previous top by early investors. I believe they will provide more capital if needed.
2. Tron has a strong community.
3. Tron has good marketing.

Because of those reasons, Tron will be a good long in the bull market, and I believe it will perform very well. Furthermore, somebody has been painting an accumulation pattern for Tron, so we know that Justin is willing to use his own money to paint a good chart.

Perhaps Tron has bad technology, but what matters most is marketing.

I am not attempting to call the top here, but just know that I will not be buying at these levels. I bought the bottom. I do not want to risk adding more at the top.
Comment: Ok this was first major retracement.

There will certainly be a bounce.
Comment:

Bounce.
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