Bitcoin Forum

Hello community of traders, am stock between the line, lately I have been trading in meme coins and have mastered some skills I developed. But this very moment am holding these meme coins and they both have done x price increase within the last few days and am thinking of converting all my portfolio to a less volatile crypto token and I don’t know which is the next big thing in the market to hold for some time?

You don't think of it a lot, convert them to bitcoin. Do not miss that it's rising lately but it's not your less volatile crypto that you're looking for. But if you want to save it and just keep it, no other choice but with a stable coin. So you choose between them.
Since you're looking for the next big thing, you're not going to be wrong choosing bitcoin over all the other choices that shall be mentioned unto you.

This shouldn't even be something you have to think twice before doing, converting them to Bitcoin is the only safest option out there assuming you still want to make profit but if it's all about securing them from the market volatility then stablecoin are your best bet.

Stablecoin are the least volatile coins out in the market, don't go for those that arent well know as they can easily be dump and you'll lose even more than having your funds in an actual coin. Next rhus funds shoudn't be stored on exchange instead you store then in your personal wallet.

Ps: Resist the temptations of putting your profits back in the meme industry or any other one that pops up and begin to trend as the market recover. This times are when the scammers come into full operating on launching tokens that'll seem legitimate but aren't. Scammers know people will be looking for alternative to bitcoin to invest in and they'll be interested in newly launched project to increase their chances of profiting, scammers will take full advantage of this to scam victims, don't be a prey.

Your choice if you do secure your profits out or not and its not bad to consider on switching to less volatile crypto and sticking on top ranking coins in the market rather than going with meme coins.

If you do have already gained profits then its better to pull it off before it would go down once again which would really make you stuck or would waste up that profits that you do have currently now.

Asking on what would be the next big thing in market? No one knows because we wouldnt know on what would be hyped next or what would be the next trend which is really unpredictable.

Exchanging it to USDT (stablecoins) would be you best bet if you are looking for the least volatile crypto in the market. However, even though that it is stable in nature, there is still a risk that your money will be frozen which might put your funds to be unusable.
See [UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets (https://bitcointalk.org/index.php?topic=5204055.0). Personally, though, I only have USDT when I am actively trading on an exchange.

If, on the other hand, you're looking for a coin with a lot of potential, bitcoin or ethereum are your best bet. I will do the same if I am able to profit from these memecoins you are mentioning.

If you don't like volatility, then convert it to your local fiat currency, or probably a USD stablecoin if you're planning on using it for trading again in the near future. And yea, no offense, but asking us for the "next big thing" doesn't sound you mastered anything at all.

stop using meme coin.. If you're looking for another coin to trade, i highly recommended top cryptocurrency in coinmarketcap. It's more reliable to hold for long term than meme coins, indeed, mostly of them didn't last, so be aware.. Too good to be true, don't expect something good with those kind of coin. Must rely with the trusted ones so that you can assure that you will not become stuck again like what happened to you right now with that meme coin. You still lucky so don't do it again if i were you..

I believe in the collaboration of ideas to arrive at a good trading decision; I believe in my skill but just trying to get more ideas I guess it will be better for me to convert my portfolio to bitcoin and hold if that is the case.

There's no such thing as less volatile in crypto, even bicoin can be less or higher with 10 to 20 % within the day. What i like about the idea of trading meme coins is that even in a minute or an hour you can possibly gain x2 to x5. If you are too much worried about it, you better convert you gains now to a fiat money. Less hassle and less stress but of course no more gains.

converting them to USDT is the most preferred option so you can clearly decide how much you are willing to loose to the market incase you decide to invest in another token so you can luck up some profit. crypto investments is very volatile but if you just choose to luck the full token then convert them to Usdt which is a stable coin that doesn't fluctuate in price that is having a fixed price.

It's a good thing you have mastered some skills trading meme coin! I will recommend you start trading the big cap altcoin and apply the skills you have learnt! The impottant thing in cryptocurrency is awareness, you must be sure of what you are doing and where it might lead you to!  The next big coin are all there in the first 20 aktcoin listed on  coingecko, just dyor and fnd the one you are confident about!

I will advise you to hold a more stable coin such as the USD tether, but again, ethereum will be my most proffered choice if I am in your shoes because I will benefit from the volatility in the market. holding ethereum on a long-term basis can be profitable if the market goes in your favor.

For you not to stress yourself from volatile coins that can affects your portfolio at the long run, I would advice you to convert your assets to usdt which is a stable coin and is equivalent to one dollar. Even though there is great bearish trend in major coins, the effect on usdt would be minimal maybe 0.000 difference.

Most thing I normally do when the market is bullish and I think it's has gotten to a level where the will be retracement  or a great bearish movement, I always covert my altcoins into usdt for safety of my portfolios. After the bearish movement, always have more coins cause usdt normally maintain the one dollar limit. Everybody with there own strategy, although I learnt this recently which I believe it's a better strategy to me.

We are not also sure about it, well honestly meme coin is really volatile but the other cryptocurrency is volatile as well and you should know that. I think instead of buying meme coin you should buy good coins with large volume capacity and trading volume there's a lot of good projects like DOT, XRP, ETH and of course BTC it's up to you which coin you would trust in this way we will leave up to you to do your own research.

Divide them into several pots. One for trading, one for saving/investment, one for immediate needs (or whatever your style is). Put your profits into Bitcoin/ETH/those top 10 coins for the investment part, especially if you're playing for a mid-long term. Or put more into stablecoin if you want to avoid volatility in the short term. Don't use stable coins as a long-term solution, since it is not as "good" as fiat.

If you want less volatile coin you can stick with stable coins like USDT and rather than save it from bank which offers very low APY, you can stake it online I think there are some USDT staking which you can earn more than 15% APY which is I think very high return rather than to let it stay on your wallet. Don't choose cryptocurrency since all of them are volatile.

my advice if you want to change your portfolio, you can change it to the top 5 coins on coinmarketcap. it's safer if you don't want to see very drastic changes. but keep in mind that we also have to look at the movement of bitcoin, because all coins will also follow the movement of bitcoin. if you want it to be safer you can change it to fiat, then after the price is stable you can just buy the coins you want.

Do it already now since you are in profit. Never hold those meme coins. They are made for only pumping and dumping. Once they are dumped, they won't get back up again. Keep holding, you will regret. Look at all of those other shitty meme coins. 99.9% of them are dead already. Convert them all to bitcoin or at least some other well known altcoins before its too late.

In crypto no one can tell which is the next big thing in crypto but we can only predict the coins which you can get information through youtube and other top traders can give you much information about these and also i want to tell you about your coins that you should sell your coins if you got already much profit.

The trend is shifting away from meme coins to NFT gaming and there are so many games available to play to earn. Google "playtoearn net" and visit the website ending with blockchaingames where you can find the best list of NFT based games where you will be able to play for free in some games and earn through them. Xwggames is the best example of free earning, while Axie infinity is an example of popularity.

It is good that unlike many other people you are actually getting profits with those meme coins however I can tell you that your quest to try to always be on the next big thing in the market is going to eventually cost you as it is impossible to keep choosing the right coin, if the profits you got were significant then it is time to move to a coin that can perform well during the long term, and there is no better option than bitcoin when it comes to being a store of value.

when your portfolio is full of meme coins and you are already making a profit, maybe you can allocate some of your portfolio to other better coins like BTC and ETH or those in the top 10 of CMC.
The top coins have a more pronounced power as well as a more significant progression.

Currently projects such as NFT are also being hype, maybe they can provide a little allocation. Doing good management and doing research beforehand is very important. Don't get into an obscure project.

A portfolio that has most of its capital concentrated in meme coins is extremely risky, we must understand that you are relying on the popularity of the coins to make up for their lack of purpose, and while some coins will get popular despite being completely useless there are going to be many coins that are not going to make it and will eventually go to their theoretical value of zero, and if you happen to choose the wrong coins then your entire portfolio could got to zero incredibly fast denying you any possibility of being part of the bull market that is coming during the next months and missing those profits.

Then take your trading and holding into the next level by choosing a good set of coins and tokens now. Meme coins won't help you much to improve your trading skills. You should always come out of your comfort zone in order to learn.

Try choosing on the Top 20 coins on Coinmarketcap or those Top 10 performing coins on a daily or weekly basis on the Binance platform.

This is true but not all of the play-to-earn games are going to give him that profit. Because some are still in early-stage but with Axie Infinity, despite being in the Alpha stage, it already has a daily active user of more than 1 million. I think the latest number is 1.2m. And that's a lot of believers on their game because a lot has proven that the game has been making money and as well as the players. Now, what I'm waiting for are the next changes that they'll make to sustain the daily SLPs that they're giving away for all of its players including me.  ;D

We should separate about the discussion of Axie inifinity and this one because it is totally irrelevant if we do connect it out on the topic or the things been  concerned  by the OP.
Investment or playing up NFT games is totally different when you do trying to compare it to Trading.

---

@OP, do things on what you do have in mind since you could make your own decision whether into your own preference.If you do like to escape up volatility then sticking with stable coins is ideal.
Meme coin hype is a bit over now and most of them are on correction state.I wont really be touching these coins for now.

right, meme coins are not good for trading. I think the safest thing is that we trade on coins with large capitalizations, so it is not easy for a few people to play with the market, so that the market moves naturally between buying and selling on a daily basis

Why not just convert all of them into stablecoin like USDT or other available stable coins out there. Whenever crypto is making crazy moves, one should think about the stable coins or straight away book the profits (if you are having) and just sell it to the fiat currency. This is not as complex as you thinking or making it. If you have good skills in trading the coins (meme - surprisingly!!) then you should add to your skill set that - "right entry points", "right exit strategy".

You are all efforts would go wrong if you were unable to sell at right time. So this is where comes the life saver stabelcoins. Ones the dust is settled you can buy the crypto at lower prices again and start trading one more time.

Maybe I am out of the loop, however I don't see any meme coins pumping lately. Last meme coin were all those dogecoin clones like Shiba which all have died down right now. Right now its mostly mid-cap type of coins rallying like AXS, SOL, AVAX, ATOM, etc. These are not meme coins at all.

Obviously its never a good idea to hold a meme coin for long. However look at what happened to Doge. I sold it at like 45 Sats and it ended up peaking at over 1200 Sats. So obviously it would of been better to hold that meme coin because I would of made 20x more profit. So sometimes there is an advantage to holding something very volatile, it might crash upwards and make your multiples of $ rather than selling for small profit.

Dogecoin is an exception. It was hype by a billionaire and take note that it was personally promoted and hold by Elon. Its 1 in a million chance to happen on a coin that has no good use case compare to what you mention such as SOL, AXS, Atom, etc. Meme coin hype is already over and maybe Dogecoin will be the only one remain standing since Elon still supporting it in the background. Meme coin has no good use in the long run so holding this is just like holding a garbage for a long time while expecting it will turn to gold.

In trading no one has the ability to say that 100% this coins will go high and will go down but people and best traders can only predict that the coins will reach to this range, which can give most of the traders profit and most importantly it can be seen in youtube channels as well.

most of the trading signals on YouTube are fake and plot to get you to trade on some shit coins that will stock your trade for a long time and at the end lead to losses, I still prefer to trade in bitcoin but along the volatility line and taking advantage of it market movement.

Meme coins only serve one purpose and that is to be pumped and dumped, and even then I would never recommend to anyone to use those coins for that purpose as the chances that you are going to lose your money with those coins is massive, so what is there to do? And the answer is simple we need to trade good coins and this means trading the coins that have the most volume and that have the best fundamentals, but since those coins are not going to offer 100x profits anymore many people are not interested in trading those coins at all.

I kept such coins for a long time, it makes no sense, they need to be worked out very quickly.

Keeping meme coins for the long term is a risky investment option, as their prices are easily pumped and dumped. If you want to hold a coin for the long term, then you go for more stable coins such as bitcoin. Although some count can also give you good profits in the long run, you must know when to cash out your profits to avoid a total loss.

If that meme coin is Dogecoin or Shiba, I will not have a problem because if you bought Shiba with only $10, you could get a big amount of Shiba and you do not have to take a look at the price and only hold it in your wallet for a long time. But we will not deny that holding bitcoin is the best investment that we can do and we should buy as many bitcoins as we can. Bitcoin will be our main investment but we also have the additional investment that can give us more profit.

Well, the speculative nature of the industry makes it rightly so that there's no holy grail here. As for me, I don't even take calls made by YouTubers to be anything because they're paid shills. In most cases, these YouTubers make calls based on the tokens they already hodl and want to take out profit from by pumping it. I know of some like that. So I take their calls to be subjective and bias, all of them.

Yes, so true about their visibility while flipping/scanning through a marketcap kind of site, but not their ability to make profit. We have seen top cryptos that eventually disappeared from the radar completely too. Being top on the list doesn't guarantee that it's scam free too. One of these two I normally do when I ain't sure of what the market perspective is before selling off – either tether (USDT) it or convert it to BTC. I think that's what a lot of traders do too. It should also be advisable for OP to follow suit.

"stuck", stock is something different. I would say if you are good at something then just keep on doing that. However if you are not sure about doing it or not then turn soome of it to less volatile coins and you will end up with a better view. For example, 50% on memecoins and 50% on less volatile could be better. I dislike memecoins, I never invested a single dollar into them and I would advice everyone to stay away from them.

But, I also won't tell you how to make your money, if you say that you are good at making profit with memecoins then go ahead and do that, who could judge you while you are making profit? Don't focus on those things at all, do not listen to others and just do what you are profiting.

You mean "STUCK" than with "STOCK"?  :D Both are totally different but basing off situationally then its definitely stuck.

If you are already in profits then it isnt bad to take profits but if you are in holding because you get caught yourself in the dump then its up to you if you do cut loss or would simply wait up for some recovery.

It is someone to take whether they would really be accepting some loss or would just simply wait but if you do have other coins or money to spent on trading then it would be preferable that you would
trade for another coins and just let those meme coins sit.

That's right, in a short time we can get many times the profit from meme coins. However, the risk of losing is huge to invest in meme coins. we have to get rid of the mindset of getting big profits in a short time and focus on investing in Potential Altcoins with lower risk opportunities is a good course of action. And patience is the key to success in trading, all decisions should be taken very carefully. If stop profit on meme coin then make profit on Potential Altcoin.

I don't agree with you on this bitcoin at the moment is non directional. Its just revolving around a range market structure. Its better if the coin is converted to stable coin first then get a good timing on the market once the bitcoin takes up a new trend then it can be purchased but for now stable coin is a preferred option because you will have enough time to study the market for another good buying opportunity

for me, actually we can try our luck from meme coin. if we are successful it will get a doubled return, but it would be better to use a little capital than we have. because the real investment is to grow healthily on trusted altcoins, as you described earlier, the most common is to invest in bitcoin for the safety of our funds on cryptocurrency investments

It is recommended that you can hold UNI, DOT FTT SOI.
I think the next truly lively market will be on the competitive public chain. Because the public chain is now a rigid demand for decentralization.

This strategy works for some people but as a new trader, it's hard to determine when the market is right for conversion because most time I find out that the moment I convert some of my assets into stable coins their start rising in price, and at that time it becomes dangerous to buy them back that will lead to loses already.

If you really want to try your luck with meme coins, you should be careful and always remember not to use too big money to invest in meme coins. We do not know if that meme coins can increase again like before or it will be like that for a long time. Maybe you can invest in bitcoin which is obviously can give you profit in the future. Some altcoin such as ETH, BNB, and others can also be your choice to buy but always analyze before doing something so you will not regret it later.

I don't go close to meme coin as a newbie in trading and I also try as much as possible to avoid spot trading as meme coun are highly unpredictable and easily manipulated since .ost of them are just for jokes and pumped and dumped coins. I choose a relatively stable coin to trade in and slowly ride with the wave of the market at every given time.

Which coin you will hold or which coin you will trade its fully depends on roadmap and team news also. Some times roadmap does not work for some functional factor and at that time traders have to connect with team. Such as example i sold my PBR some days ago when its price was 1 cent but i missed team news and now PBR token price 4 cent and no doubt it will carry its price when PBR will come full functionally. So stay updated and be a gainer.