Stick to altcoins or switch to Bitcoin or stablecoins?

[BitcoinAccepted]

Depends on the coin you selected since if the coin you pick is so shady also doesn't have any decent volume nor have proper plans set then we must back off on it. But if we stick on top alts and pick the one who listed above on the market and also we add up the presence and seriousness of the project since we really on it a little bit.

What you said is true. While others are really panicking when thinking and during bear market, some remain to be calm because they are confident with the coins and assets they have. This is why choosing what coin to invest with in the first place is really important, most especially considering its vulnerability to be significantly affected whenever the market move and changes, and the credibility of the project itself.

[goldkingcoiner]

Well, as far as Bitcoin and stablecoins go, these are two completely different things. If Bitcoin goes down, it definitely will drag altcoins behind it. At that point, stablecoins are your safe haven. If Bitcoin goes up, some altcoins go up even harder. But then again, its anyone's guess as to which altcoins will go up most. So my strategy at that point is not to put all my eggs in a single basket.

[tygeade]

Depends on the coin you selected since if the coin you pick is so shady also doesn't have any decent volume nor have proper plans set then we must back off on it. But if we stick on top alts and pick the one who listed above on the market and also we add up the presence and seriousness of the project since we really on it a little bit.

What you said is true. While others are really panicking when thinking and during bear market, some remain to be calm because they are confident with the coins and assets they have. This is why choosing what coin to invest with in the first place is really important, most especially considering its vulnerability to be significantly affected whenever the market move and changes, and the credibility of the project itself.

Well it is about belief. If you believe in bitcoin then you would know that it will do better and good even during the bad times, but if you do not believe in bitcoin all that much and you are only interested in making money then you will leave and be in panic mode. I have been around here for so long that I have seen prices under 100 bucks, so I do not get scared about crypto, I know that it will keep doing better and better, there is no way that I would lose anything in this world because I have made my profit already. I have taken out far more than what I have put in and that's more than enough for me.

This is why I am going to end up with no regrets even if bitcoin goes to zero one day, but I doubt that it will ever go under 20k let alone go to zero. Which is why I am pretty confident and believe in this, if you do not feel the same then panic selling is possible.

[dothebeats]

Personally what I would do is hold lots of coins and just forget about them for a while. Of course, top priority would be bitcoin followed by an alt of my choosing. Stablecoins won't really matter much IMO, as these can be frozen AFAIK so it's not a good thing holding them for so long. Holding varied coins will most probably save you from your coins' value crashing so hard, and may eventually lead you to even greater profits in the future.

[abralzain17]

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.

It's your choice but for me I would choose with Bitcoin and high market cap coins and stable coins if I am going to choose long term investment but if you are just doing swing trader or day trading I think altcoin is a good option. Try to trade with big cap coins and if you lose just hold the Bitcoin and stablecoins you have bought.

[BitcoinAccepted]

-snip-

Indeed. Having faith with your chosen coins, and continuing to believe that it will get better even when it faces the lows, is the key in successfully gaining from investments. It also nice to hear that you are saying this based on your experiences, which I think has made you even a strong believer of bitcoin. Crypto is truly not for the fainted hearts, and it should be done with the intention that is beyond of just making money, because in the end you might just lose everything.

[gurunanakji777]

The market is currently not good so I would not switch to another coin. I will keep it as it is. Yes, Altcoins dropped hard in this month also, on the contrary, I was expecting a bullish move of altcoins but market behave just opposite to my thinking but If you are sure shot about the market then stable coins are the best option because if the market drops further our holding value remains same and can buy back again when the market starts rising.

[JoyMarsha]

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.

When there is a bearish market, it always hit hard on altcoin more than bitcoin. The type of altcoin you hodl will determine whether you ought to convert it to bitcoin or stablecoin. If you are hodling a potential coin, no need of converting it to bitcoin because there is a possibility that it will pump and give more profits than before.
You don't expect someone hodling BNB, Matic, youc in their portfolio to convert their token to bitcoin because of how the crypto market is bleeding

[lixer]

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 the end stablecoin is stablecoin and it is dollars. If you really want to go to stablecoin route and be there just get dollars in regular fiat format and put it in your bank account. I personally disliked them ever since they were created and I feel like they are one of the reasons why bitcoin and crypto world is not growing at the rate it should be growing.

I get that it may not be super hard to do something in crypto that is regarding as little risk as stablecoins because they are just 1 and will stay at 1 (hopefully) but there is no reward neither aside from the stake you may get from places like binance and that's very little. I like buying both btc and alts so that I could improve the diversification and just be happy with the risks I am taking.

[TaShoKi]

Stablecoins are needed when the market falls, altcoins, if you are quest a new promising coins, Bitcoin forever strong hold.

[noormcs5]

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.

You should have a diversified portfolio if you want to get the maximum benefits in this crypto market. You should hold bitcoin and some good altcoins for long term. Do not sell them, even if the price go down as there is likely the chance that they will recover when the market goes back up.

Also you should always have some stable coins with you so that in case there is a sharp dip in the market, you can always buy some coins at cheap prices or use those stable coins for dollar cost averaging.

[Farma]

if there is a decline like today, I still tend to hold my altcoins rather than swap them for bitcoin or stabilcoins. Well, everyone has a different strategy move. some people swap their altcoins into bitcoin or stabilcoin because they are confident that they can take advantage of such a moment. however, for me, I didn't do that. I believe the altcoins I own can make me a huge profit as long as I hold it.

[Xinarae*]

The smartest thing in the crypto market is to stick it is possible to make a profit from both bitcoin and altcoin through long term investment. The crypto market is not stable if you wait, you get double the benefits it would be nice to stick to altcoin there are lots of currencies out there and you can make a profit from one instead of the other but you have to move on with faith. It is a good idea to move forward with your intellect and keep it for a long time.

[romanfrolovv]

The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

Because bitcoin overvalued now people are looking for new projects and new investments.
They want to have more profit, that is why they invest in altcoins.
Now there is a big choice of different projects for investments where people can invest their money.

The most important for every project is to be useful and in demand for a long time.
So it is necessary to evaluate the future potential of the coin to invest in the coins that will be in demand and prospective in the future.

[Lizzylove1]

It will be wise to make decent profit in altcoins and put in bitcoin and stablecoins because many of these altcoins you see now will get crushed some day and the profit will be gone forever. Don't be too greedy nothing goes up forever.

[Benefactor]

Bitcoin or stable coin are wonderful choices however it absolutely relies upon what your blueprint is. Are you good with how much Bitcoin you as of now own and simply need to hold always or until it arrive at your designated cost. Bitcoin dumps however in digital money am additionally after life span, and Bitcoin has finished that assessment one after the other.

[bitzizzix]

If your goal of choosing a stablecoin is simply to protect your assets, that's fine as long as it's not your goal to invest in because you won't get any benefit from the stablecoin.
exchanging altcoins for bitcoins depends on your belief and research if you are not sure it is your right to make a decision but if the altcoins you own are the top and oldest and most trusted altcoins Just Hold On, because upgrades will definitely happen without you doing the exchange and anyway if you are in doubt there is no harm in exchanging it for bitcoin and for the long term.

[Ever-young]

The dip which we are currently experiencing do not affect all altcoins,
Selling your altcoins now and waiting for it to dump more then buy back to me is not the best idea.
Converting your altcoins to stable coin is also not a good idea because to the market is already on the highest dip of the year, selling now you are actually recording loss, because it's only when we sell off our token that we actually record loss.

To me the best thing to do now is hold your potential altcoins, if you have more left over fiat you buy the dip, and wait for the bull market to come.
Because selling and waiting for the the token to fall more can sometimes turns the other way round, where the token you sold and be waiting to buy back can just turns the table around within 3hrs.

[LaCucina]

The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

The most important for every project is to be useful and in demand for a long time.
So it is necessary to evaluate the future potential of the coin to invest in the coins that will be in demand and prospective in the future.

After big growth, there is a fall in the price. Many altcoins are not suitable for long-term investments.
But it is possible to earn money on the volatility of the price. It is very important to buy and sell the assets in the right moment.

[batang_bitcoin]

I have never owned bitcoin for almost 4 years, I can't wait to see the bitcoin price increase so I prefer to invest in altcoins, and it is proven that investing in altcoins like Ripple, BNB, Cardano and so on is proven to be more profitable than bitcoin.

For 4 years, that includes the long bear market and you have never took the chance of buying during that time? That's totally a skip you did for that very gold opportunity. Because many have been telling the same thing that they've missed 2018's bitcoin price because it's too cheap. But with your decision now, you're leaning into altcoins and good luck with that because a few of them really are profitable. You just have to make a good choice but if I'm you, still take a chance to have bitcoin no matter what season is. If you're a visionary, you should really do it.