Stick to altcoins or switch to Bitcoin or stablecoins?

[Wysi]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

[Oshosondy]

Why don't you just hold bitcoin and invest more as the price is decreasing so you can have a good profit when the market pumps back. But some people will have to convert to stable coins but know that stable coins are pegged with fiat, fiat will be devalued also. But if fiat is preferred for this period, converting back to bitcoin before another bull run set to occur will be good.

[CryptopreneurBrainboss]

Obvious altcoins shoudn't be in the discussion here, it should be between holding Bitcoin or trade all profit to stablecoin to remove the risk totally. Both holding Bitcoin or stablecoin are perfect options but it totally depends on what your game plan is. Are you okay with the amount of Bitcoin you currently own and just want to hold forever or until it reach your targeted price. Do note also that nobody can predict the button but can only speculate on the range so don't be fooled by any article you read out there.

If you know you can hold through all the downside that the market is likely to experience in the coming months then keep your coins in Bitcoin and just take your mind off the market until maybe when the bulls come back. With holding in stablecoin you'll need to monitor to market to know when to buy in which might come with alot of pressure. But if you can manage all that then holding stablecoin has more advantage.

[sirminesalot]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

Market is already bear anough at current position, placing some buy orders is great right now but don't do all in but just enter slowly.
Holding bitcoin and some strong fundamental altcoins is okay but don't invest on new projects yet because it just could get worse when the market going more dip because new project's coin price could be down to 50%+ if the market is not friendly.

[Natalim]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

HOLD- is you are just a holder
Sell them- if you are a trader and converted to stablecoins.

Actually, there is no need to rush our decision in times like this. A short dump, gradual market changes, in fact, it comes and go, and seeing this usual market changes. Felt not to worry about this, unless if you were doubted about the market and it certainly affect your decision together.

[BIT-BENDER]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

Before investing in any alt-coins, you have to take you time to research on how it would do during the dip or bad market, because this period always come in crypto-currency although am not a big fan of alt-coins but I think if you can research before investing in any alt-coins then you would not need to check if it Bitcoin is increasing, I have seen one or two alt-coins still rising even when. Bitcoin dumps but in crypto-currency am also after longevity, and Bitcoin has passed that test back to back.

[ryzaadit]

30% to Bitcoin and the rest on Altcoin.

Why you should have Bitcoin? because every time crypto market is moving, bitcoin will be the first asset to move and then the rest (Altcoin) will try to follow. You can also trade and flips some profit while bitcoin is up and down a little bit before the altcoin market is moving up.

After there has some strong points and a sideways market on bitcoin, then altcoin is moving up & you will get a more profit on altcoin.

[liqidoxgen]

Daily trading takes up too much time, which I always lack. I study projects in advance, and therefore, having collected the right coins in my investment portfolio, I am ready to hold them regardless of the periodic ups and downs of the market.

[nimogsm]

I make everything much easier, I always have dollars in stock and when the market falls, I buy cheaper altcoins with them and so on in a circle, the profit can be fixed in bitcoins and set aside separately.Such a state in the market is no longer a novelty, I think many already have their own strategies.

[Anguwa]

I think all these are matter of choice and mindset, some traders stick to Bitcoin while some keep holding their altcoins. But what I really do is to hold some usdt or BUSD and wait for more dump in the market then I buy my crypto coin of choice then sell when market recover.

[stadus]

Choose stable coins if you think the dump will continue, or if you are unsure to hold it for the long term.

The market may experience more downtrends, that's normal because correction would normally come after a bull run and it seems like it is what we are witnessing now. Just chill out, think wisely as I don't want to see investors or traders panic because they are not so familiar with the market behavior of crypto.

[Dragonfund]

Bitcoin and stable coin is not an option for me, it's an unwise decision because at the stage, many Altcoins have bled and are -80% to 90% down from their all time high, it will be so difficult to make back such gains that have been lost, it's either you sell half and divert that into bitcoin and hold together with the Altcoin or sell small portion of your Altcoins portfolio and wait for more dip buy more, it will make sense that way.
Also, it will be difficult to make son much gainsbgrom bitcoin except you have hundreds or thousands to invest in bitcoin.

[Johnyz]

Hold Bitcoin and good altcoins as well because personally I prefer to have them on my wallet especially the market is down right not and its too risky to hold or invest any shit tokens, better to invest on top options so they can protect your money since they have the supporters and we know that they can easily rise once the market is on a recovery mode.

[MarjorieZimmermanGinger]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

I think there is no need to change Altcoins to bitcoin, if what you say is that when bitcoin goes up, altcoins will automatically follow itself, the current condition of almost all existing coins corrects itself, then why do we switch to bitcoin, isn't it bitcoin? yourself is also going through a period of correction, don't panic with conditions like this, it will recover itself in time.

[isaac_clarke22]

~

Well with Bitcoin, you wouldn't worry about gradual dumps. Just don't get into whale's trap and you and your emotion would be fine.
If you're for the long term, go with Bitcoin obviously.  Just call your stablecoins if you're all good with your holdings already. Just don't "hold" your stablecoins for too long though as you might worry about your funds getting frozen.

[Oasisman]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

If you're planning to make profit out of Bitcoin bull market, then those choices you mentioned are of no help (depends on how you execute and manage your asset) most of those who have done this has failed to maximize their profit. Why would you want to complicate things out by selling your Btc when you could simply hold it and be patient with how the market has been doing lately. That way your Btc is much safer than moving them all over and monitoring the price.

[lizarder]

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

In my opinion there is no relationship between keeping altcoins when the market is bleeding, all existing coins will also have an effect when the market is corrected, then whether bitcoin has a level of security if conditions are like this, how is it possible if both have a relationship we have to let go of one of them, the right move we are waiting for time to recover, to resell the coins we have.

[vv181]

You got it correct on the first sentence about how the markets behave based on your experience, so if you believe the market will keep going down further why should the option to hold altcoin even exists. One of the few options left for you is to just simply convert to Bitcoin to prevent the highly volatile altcoin. But for freakin sake, if you truly believe and speculate the bull is ending, you should immediately convert your funds to a stable coin as of now, and then keep DCA-ing if the market keeps getting down. Anyway, the choice is yours, so just think over about your risk management in regard to which option is the most suitable for your own.

[dothebeats]

I currently stick with altcoins though I still hold my bitcoins since I know it will save my ass in the future. Bitcoin has already proven itself to be a valuable long-term asset, that it'd be a complete waste if I sell my coins at a highly discounted rate. If you want to still make moves in the market, stick with altcoins, otherwise, just stay still and hold bitcoins for the future. Stablecoins can only do so much, and is really not an amazing asset to hold IMO that you're wasting your money just by holding it.

[kaya11]

I think I would be switching to bitcoin and if there are still spare money that I could expend is buy my self a nice and stable alts out there. It is better to spread your investments. Don't put your eggs a single basket they say.