Tron hitting some lows against eth. I made the swap today after taking gains on eth from 740 to 1,410 since eth has been feeling toppy to me and i suspect a double top here before a large retracement. I plan to hold until we see what the bounce is like from this trend line and if we can see some of the same volume we had the past week. I feel pretty good about this entry point on the pair but full disclosure i do plan to switch this portion of my investment back to eth during it's retracement.
There's a ton of FUD out there these last few days about the head of trx and their white paper. I'll just say this, I can't read the language it's in and I have no idea if any translation I've seen is accurate or not. From what I have read, they will be putting out their own translation once their Canada office is open. I know the news about the plagiarism has been out there for a while but the news has really spiked these last few days. Usually when I see FUD spike I start to look for entry points or decide my time to get out has passed. I don't like to sell into peak negative sentiment. I feel the same away when the sentiment is overwhelmingly positive, I don't like buying at peak positive sentiment. Keep in mind that both this position is roughly 20% of, and the most speculative part of my crypto portfolio.