Risky move ?

[especial]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

I know what you mean, i also sold all my "shitcoins" to buy BZK and i built a pool to give me some revenue... But its hard at beginning to get miners to mine...
And now prices for alcoins are like 1. april fools prank huh

[Golftech]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

You sold your altcoyins at the very bottom of the price - it's bad.
You invested all your money in one coin - this is also bad (you have increased your risks and you need to diversify the risks).
Now you just have to watch what happens.

It's now in the hands of this said project, too risky but if OP succeed and that particular coins explode then the profits will be bigger and we will
see new stories about his success, but if things goes to the way around then we knew what can be the implications, OP's action to diversify
his assets to a coin where fate is still unknown its another way of gambling with your destiny, he needs a lots of patients and trust with this
said project to be able to hold.

[seggardinggins]

No, it's not worth buying one coin for all the money. There are no guarantees. If you want to risk, you need to differentiate risk and invest in 2-3 positions, least.            

I think we should never risk all our money to invest especially if we only invest in one coin even if we have a lot of coins if the market is down it will go down

[ss890]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

If you have huge quantities of any coin then you can make profits out of it as even small move for that coin is bigger move for your break even point. The math works out fine with this strategy but dont forget that it works in the similar manner when the market moves in the negative side of the line. The TRX coin is popular for its dumb move sadly and it is being heavily used for the pumps and dumps. You might wanna get ready for the wavy roller coaster ride as you will find many artificial signals for this coin. Its both risk and opportunity for you but it will be your skills too when to sell and bring back the boat to shores.

[Astrilian]

Indeed Tron seems to be less affected by the overall market compared to other alts. A couple of days ago the market took a big hit and except 5 alts everything tanked. Among the 5 alts that kept steady regardless the overall market was Tron. I would still do anything else than buying into a temporary hype, let alone putting everything on one coin. But my cudos go to you for your confidence!

[chenjkai]

Let's take a look at it this way. If the price after the purchase of TRX will sit down and you lose money, you do not care for it? If yes, you should certainly buy.

[eelectrick]

I think it's risky, although I must give credits to the guts and confidence you displayed. I don't know if I would have done the
same thing if I were in your shoes. I would life to diversify my investments, if I would have sold all my alts, I would buy TRX
alongside Bitcoins, Monero and Ethereum. It's a big risk everytime someone solds everything and buys a single coin. Hopefully
you won't regret it, since the market isn't doing quite well now, a lot of altcoins are struggling and hanging in there.

[Kurva]

Thanks to you all for positive and negative inputs ,)

I have now sold some of my TRX and bought back my other alts. I did not plan to hold this position for weeks or months so you guys know that. I did it because of the hype and because TRX had a few nice days green 20% + when the whole market was in red. And because of the test net 31 March. I know its not smart to have all my holdings in just on coin. And to be honest its fucking boring to see you all write not have all you eggs in one basket ( I KNOW THAT)

[biskitop]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

it must be like that, we are like playing gambling. would you bet big or not? I also plan to buy a number of DAI but still constrained capital, because I want to buy a lot. I know the price will rise higher, and I just don't miss to buy and invest for it.

[Betwrong]

No, it's not worth buying one coin for all the money. There are no guarantees. If you want to risk, you need to differentiate risk and invest in 2-3 positions, least.            

To me it is the same, whether you buy one coin or several of them. It is a sort of a gambling anyway so what's the difference between playing on one slot machine and playing on five? If TRON was a sh*tcoin I would advise against buying it, but it's not. Maybe OP did the right thing converting all his alts into TRX, especially if those alts were trash.

Btw I disagree with people saying it was a bad move selling when the market is red, because OP did not sell his coins for fiat, which would be a bad move indeed, but he converted all of them to TRON, a coin which most likely will rise in the future.

[xaviervilla]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

wow man, I really wish that you thought that well enough or at lest sat down for a couple of hours drinking a strong coffee while looking at the tokens you have and remembering why you have decided to believe in them enough to invest in them and support them. Because if you didn't that would be a bummer. But hey, no risk no glory right? I hope the price of TRX goes up and you get good profits. Good luck man..

[kicauklaten]

If you sell all your altcoin and buy TRX already you think cooked along with analyzing the circumstances that there is not a problem. but I think big risk thus will come if at the time of the great decline then TRX capital you have on the TRX will be reduced.

[Kiefner]

I wouldn't risk it, besides, considering all the altcoins and Bitcoins are in drawdown right now, and you can get good money on other altcoins as well. Here correctly speak about differentiation of risk.

[malbterxic]

  Here it is a classic example of not the right action in the market, if you look at what happened next, you will see that the purchase of the coin occurred at the peak of its price and then went correction.
  What do we have in the end? Other coins sold at a loss, probably and on TRX everything goes to the fact that there will be a long correction.
But the risk is a noble business))

[cryptocue]

Not know why but i did sell all my alts today. And bought Tron TRX for them all. Now i hold a nice amount of TRX 

MC is down to 280b today and the market not going anywhere soon. So i decided to buy the hype around TRX and move all my $ to this coin. Know this can be risky but if the price go up just a few cents i will make a nice profit.

That isnt a risky move i can it a suicide,because putting your investment into one coin would only put your money into high risk of losing money whenever the bitcoin's value has dropped because it affects most of the coins in the market,that is why we still need more bitcoin in our portfolio so that everytime the market has started to collapse you will still be safe from it.

[dashunka]

I read the messages and everything is in shock. I want to support you in your choice. The market begins to gradually stabilize and your contribution will be rewarded.

[_Mikasa_]

Yes it is a super risky move. You just put all your eggs in just one basket. If your invested altcoin dumped, it will be a nightmare for you. I hope that you will be successful on your chosen altcoin.

[dado7]

It's risky not to build a portfolio but to rather go all in with one token.
However, it might be a good time to invest a Tron, I admit you that.
Good luck, you will need it!

[7Sage]

as of now no

[Dimasta]

Really risky, I usually buy a few violas. But what's done is done, I wish good luck. Have patience and everything will be ok)