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Author Topic: Risky move ?  (Read 3516 times)
cryptocrocs
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April 02, 2018, 07:25:22 PM
 #161

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  Grin

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 is not risky! that is a suicide? putting your money into one single coin could give you the biggest losses of your life cryptocurrencies are too complicated and the market is too volatile that is why you need to diversify your portfolio do not forget how bitcoin works,it can easily put down any altcoin in the market if bitcoin wanted to do so.

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matsusomoto
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April 02, 2018, 07:38:03 PM
 #162

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  Grin

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 hate to say this but you are risking too much if you did put your money into a single coin because TRX has failed or losses its value for about 70% you wont be able to recover it fast,that is why we need to diversify our protfolio so we are sure that we arent going to get rekt with the market's movements because the market has high volatility.

cryptomorphines
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April 02, 2018, 08:01:17 PM
 #163

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  Grin

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 is a suicide attempt if you asked me? why would you put your money in a single coin ? leaving the bitcoin behind ?! you could get rekt if bitcoi's value has failed again that is why we dont need to put our money into one card so that others can save our ass from the market movements remember the market's volatility can kill off these altcoins.
cryptodrei
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April 02, 2018, 08:11:29 PM
 #164

Sounds like a suicide for me because risking your money into one coin will put you in trouble,you dont have any bitcoin left and it could result into a massive losses when bitcoin's value has failed from time to time,that is why we need to diversify our portfolio so that we could be saved from the market's movements especially when bitcoin is going to move wildly.

lanalang
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April 02, 2018, 08:23:40 PM
 #165

Of course, you behaved risky. All of us know that investment into one altcoin isn't always justified. But, at least, you have enclosed in a coin which can give good profit. But the market of cryptocurrencies is unpredictable, and here everything can change very quickly.
mangkanor
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April 02, 2018, 08:31:34 PM
 #166

Seems to be you are risking too much,you did put all the eggs in one basket,do you know what will happen if that one basket has collapse? you will lose a lot of money and you shouldnt be doing this because the market's movements are unpredictable and bitcoin's movementsa are being manipulated its morelikely a suicide and you are literally donating your investment to these big players.

maereglapo
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April 02, 2018, 08:44:57 PM
 #167

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  Grin

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 is quite odd if you are going to risk your money into one coin why would you choose TRX? not bitcoin or anything that has solidity in the market? solid coins will give you less risk of losing your money because most of these shitcoins wont survive in the future especially when bitcoin's value has surged up or skyrocket msot of these coins are going to be worthless including tron.You are risking too much,if i may say so myself.
st tiger
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April 02, 2018, 09:01:43 PM
 #168

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  Grin

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 want to invest all your $ TRON (TRX). I think it will not be good. Because it is not good to invest all in a single currency, you will be much damaged when the price of this currency decreases. If you invest on TRON (TRX) and some other good currency, then you will be help by another currency when you are in problem. But if you only invest in TRON (TRX), then I think you're wrong. Now you can see what you want to do.
cryptotnak
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April 02, 2018, 09:16:18 PM
 #169

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  Grin

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.


Never a good idea to put all the eggs into one basket because if that basket would collapse what will happen to all of your investments? you are going to get rekt faster than you thought that is why it is unecessary to go all in a single coin especially when the market seems to be upredictable because you could lose everything you have.

tatianaellery
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April 02, 2018, 09:19:10 PM
 #170

This is a very risky decision. If you gain, it is going to be big for you. If you loose, it might be a huge loss. Diversification is the best strategy wich low the risk of loosing all your money
QFT
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April 02, 2018, 09:22:51 PM
 #171

This is a very risky decision. If you gain, it is going to be big for you. If you loose, it might be a huge loss. Diversification is the best strategy wich low the risk of loosing all your money

I would say if you can afford it, it could be something to consider.
cryptamod
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April 02, 2018, 09:23:20 PM
 #172

You are going to end up losing your money and that is for sure,the market is still declining why would you choose a shitcoin like TRX? theres a better option in the market and a lot of better shitcoins than tron,its founder has a lot of scandals lately that is why i wont be sticking with this coin if you asked me,you could get rekt once the bitcoin's value has fall even more.

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cryptonero
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April 02, 2018, 10:23:19 PM
 #173

That is so risky if you asked me,what if the coin you are holding does fail or fall below 80% how would you expect the bear market will recover easily? it isnt necessary to put your investment into one coin because the market might fall exponentially and you could lose everything that is why really need to diversify our portfolio very well to prevent big losses in the market.

Stradivarioos
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April 02, 2018, 10:26:53 PM
 #174

Of course it's a risky move. I think you did it in vain. You have a 50/50 chance. Either you make a profit, or Vice versa will lose. In my opinion it's not very good.

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April 02, 2018, 10:28:10 PM
 #175

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  Grin

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 is not just risky move. I think it is not wise move at all. First I don't like going all in on one coin and second if I have to go all in I will never pick Tron.

reypinioco
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April 02, 2018, 10:40:31 PM
 #176

It is the worst that you can do putting all your money into one single coin will give you a lot of headaches especially when your coin has failed and losses its value for about 70% or more you couldnt recover from it fast enough,your investment will sleep for months and you cannot do anything about it because you didnt diversify your portfolio.

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April 02, 2018, 10:45:14 PM
 #177

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  Grin

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.


What particular altcoins did you sell off? If those aren't too special then its a good step but rather a risky one but if you do sold good ranking altcoins then you did a dumb thing since you just focused on one.I don't really prefer on buying something which I do heard some hypes into a particular coin. Diversify is always my main aim, still risky but you already divided it number of partitions. If the entire cap would go even more lower then expect on negative floating if it goes to your plan then sure profits would be made.

totnaksquad
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April 02, 2018, 10:59:01 PM
 #178

Morelikely the worst thing you have done,why tron/TRX? theres a lot of things that you should consider and you shouldnt be risking all in one coin,number one rule in cryptocurrency do not fall inlove in a single coin because the market's volatility will break your heart,it seems that didnt understand the risk if bitcoin has fall further more,you could lose everything if you ask me.

Apex Investments
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April 02, 2018, 11:04:44 PM
 #179

Just curious why you are asking us if the move is risky after you already made the move? 

Seems would be best to ask the question prior to moving all your investments into one coins.  I agree with other commenters that putting all your eggs in one basket is a bad idea.  The only exception to this would be a business or investment that you directly control rather than one controlled by others. 
aussiesloth
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April 02, 2018, 11:05:43 PM
 #180

Wow.  In answer to your Title Question, yes, a very risky move.  But hey, it's your money to do with as you choose.  You know what they say about putting all your eggs in one basket, particularly a basket that is subject to price manipulation by whales.

Had you put it all into SAFEX, it would've made sense.

But no, you bought into a project that allegedly plagiarised their white paper.

Good luck!
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