Ive been doing research on TRX for the past few weeks and have been buying more during all the dips, they have a very solid developer team and a detailed roadmap up to the year 2028 which means they are not in it for the short term. Their CEO Justin Sun is basically like China's super hero, he was on Forbes 30 under 30 for 2 separate years and is supported by the Chinese goverment. Which is a huge deal.
A lot of people are wondering " WHY THE WHALE SELL OFF?"
Basically there was a lot of FUD floating around about Justin possibly selling 1.2 billion$ worth of shares but it was actually a private investor taking profit. There is a lot of talk about goverment regulation and there was also a lot of news articles floating around facebook scaring off the newbies who just started investing after new years. Not only was there tons of FUD but also the company is still in its infancy stage , TRX has a real world purpose and their only gonna make us profit in the upcoming months/years. Soon all the money that was in the market will be back and we will see a flood of new major money coming into the market.
The talk of Tron partnering with a space innovative company is huge news and if the company they partner with is SpaceX or Virgin galactic or any other big space company then we are all looking at massive money being pumped back into tron.
Im gonna keep this short and sweet but basically Justin Sun is a very respected and well rounded guy, he was taught personally by Alibabas Jack Ma and has the mindset of a champion. Hes in this for the long term and he wont lose. Not only is ability to form partnerships above par but also the way he markets his company is unmatched.
I really hope TRX does pick up again. It really is the only disappointment in my portfolio. But I will just hodl onwards, it was bought with a great long view in mind.
Exactly, this is just the beginning. The company will start to pick up momentum as more and more partners have tron implemented.