Stick to altcoins or switch to Bitcoin or stablecoins?

[lucates]

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.

It's depends on trading or investing, short term or long term investment etc. Make a plan and go on, no one can step in your decision. My advice is choose stable coins, but wherever you stick move sensibly and make a profit and grow. Experience is your master key so use it wisely.

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[sovie]

Of course I will choose altcoins over bitcoin, there are always many surprises and huge profit opportunities that make me prefer to invest in altcoins than bitcoin, especially the transaction fees are very expensive and I only rely on small capital so holding bitcoin will not be able to make a big profit.

Then it means you like big risks. In the current environment, as Bitcoin's price is falling, altcoins are dropping even more. Of course, when the Bitcoin price starts to rise, you have a chance to earn a lot, but in the current situation, in my opinion, this is not the best idea. In my opinion, the best solution today is to keep stablecoins and wait for the market to calm down.

[FlamingFingers]

Of course I will choose altcoins over bitcoin, there are always many surprises and huge profit opportunities that make me prefer to invest in altcoins than bitcoin, especially the transaction fees are very expensive and I only rely on small capital so holding bitcoin will not be able to make a big profit.

Then it means you like big risks. In the current environment, as Bitcoin's price is falling, altcoins are dropping even more. Of course, when the Bitcoin price starts to rise, you have a chance to earn a lot, but in the current situation, in my opinion, this is not the best idea. In my opinion, the best solution today is to keep stablecoins and wait for the market to calm down.

it all goes down to how much you have that you are willing to invest in the market, you can't invest $300 in bitcoin and be expecting a good return, but $300 can turn into thousands of dollars when you invest it in altcoins, as for stable coin it's best when the market is dumping then you buy the dip, take a look at Shiba inu for instance $300 invested in the first few weeks when it was launched brought a huge amount of money, so I will stick to altcoins

[sovie]

Of course I will choose altcoins over bitcoin, there are always many surprises and huge profit opportunities that make me prefer to invest in altcoins than bitcoin, especially the transaction fees are very expensive and I only rely on small capital so holding bitcoin will not be able to make a big profit.

Then it means you like big risks. In the current environment, as Bitcoin's price is falling, altcoins are dropping even more. Of course, when the Bitcoin price starts to rise, you have a chance to earn a lot, but in the current situation, in my opinion, this is not the best idea. In my opinion, the best solution today is to keep stablecoins and wait for the market to calm down.

it all goes down to how much you have that you are willing to invest in the market, you can't invest $300 in bitcoin and be expecting a good return, but $300 can turn into thousands of dollars when you invest it in altcoins, as for stable coin it's best when the market is dumping then you buy the dip, take a look at Shiba inu for instance $300 invested in the first few weeks when it was launched brought a huge amount of money, so I will stick to altcoins

Of course, you can earn more on altcoins, but I wrote that at the moment the risk is too high to invest.
We are in a downtrend so you are much more likely to lose than earn. At such times, it is best to wait through the difficult period by keeping your funds in stablecoins.

[Tumanggor]

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 have to understand that if you do a cut-loss at this time, it is certain that you have already lost, it will be difficult to make a profit in the future

if you have bitcoin or altcoin whose value has dropped drastically since you bought it, the wisest way is to "hold" until the market returns to bulls and your initial capital is back, don't swap it to stable coin

[Sanitough]

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 have to understand that if you do a cut-loss at this time, it is certain that you have already lost, it will be difficult to make a profit in the future

if you have bitcoin or altcoin whose value has dropped drastically since you bought it, the wisest way is to "hold" until the market returns to bulls and your initial capital is back, don't swap it to stable coin

I agree on you. Patient people are most likely that will succeed in the long run. So if you can't be patient this time since the market is still experiencing price dumps, then prepare yourself for losses in the future. If you have bitcoin and altcoins in your portfolio, i think you don't have to look for another initiative just to be profitable. Just understand what the market is going through, because when the market recovers, you will be making huge profits already. Just hold your coins for now, and be profitable in the future.

[uneng]

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.

The bold part is everything you need to know when making your decision. It's logical bitcoin is the best alternative since it's well known the market is only going to recover as a whole when bitcoin recovers itself. Without a strong and pumping bitcoin there isn't profit through altcoins as well. When you hold bitcoin you have the assurance sooner or later it will rise again, but when you hold an altcoin you never know if it's going to increase in value once more, because although there is a chance it's going to be influenced by bitcoin price during a future bull run, it's not a guarantee at all. In crypto market bitcoin is a safe bet, so of course it's better to stick with it.

[nurulhmani1280wat]

Obviously I think there are some people who should convert to stablecoins because they know that stablecoins are pegged to fiat, fiat will also be devalued, but fiat is preferred for this period as the market starts to gradually decline thus completely eliminating the risk. Either holding Bitcoin or stablecoin is the most appropriate choice, but it totally depends on what your game plan is, if holding bitcoin, stablecoin, that's better.

[Cryptock]

Obviously I think there are some people who should convert to stablecoins because they know that stablecoins are pegged to fiat, fiat will also be devalued, but fiat is preferred for this period as the market starts to gradually decline thus completely eliminating the risk. Either holding Bitcoin or stablecoin is the most appropriate choice, but it totally depends on what your game plan is, if holding bitcoin, stablecoin, that's better.

In a situation where the cryptocurrency market is volatile, the best solution is to keep your money in stablecoins. However, no one knows when prices will start to rise. If the Bitcoin price starts to rise now, altcoins are the best investment because they are the most undervalued.
It all depends on who likes what risks. If someone believes that altcoins are the future, in my opinion, he should invest in altcoins, because in a year he will be drinking champagne on an exotic beach. This is what investing in cryptocurrencies is all about.

[OrangeII]

actually, it all depends on the type of altcoin you hold. if it is a popular coin like BNB, ETH, and other popular coins, it would be better if you keep holding it until the price goes up, and buy bitcoins using your other assets. however, if you want to hold the stablecoin right now, well, selling your assets at any time would look fine as long as you accept everything that could happen. If it's a dump, you get the chance to re-stock even more, and if it's a pump, you're at a loss. Personally, I'd stick with popular coins, and stock up on bitcoins if I wanted to. currently looks pretty good condition.

[letyouearn]

Now it's too late to switch anywhere from altcoins, we should just wait for the market to recover from this bear frenzy I hope this wouldn't take too long... 2-3 months I bet - not more.

[Shuna_Inuverse]

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

Many people prefer stability.
Now even stable Bitcoin falls. Other altcoins fall more than Bitcoin.
Even investment in Bitcoin is risky.

When the market falls many investors prefer stablecoins.
All other assets fall and investors not to lose their profit sell such assets and buy stablecoins.

[asyakashi]

The bear market has been confirmed, I think if you hold altcoins now or you have experienced a slight minus immediately to stop it or move to a stable coin because there is the potential for cryptocurrencies to continue to fall. A few days ago I noticed that the movement of the support chart has been penetrated by the bear market is about to arrive.

[marilynmanson21]

change altcoin to stablecoins and if possible buy bitcoins, but personally for the current situation it's better to keep stablecoins with the aim of minimizing losses if bitcoin reaches the price of 40k$ again

[TaShoKi]

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

Many people prefer stability.
Now even stable Bitcoin falls. Other altcoins fall more than Bitcoin.
Even investment in Bitcoin is risky.

When the market falls many investors prefer stablecoins.
All other assets fall and investors not to lose their profit sell such assets and buy stablecoins.

Bitcoin is not stable, but it is the hegemon in the crypto world. Investment is synonymous with risk and it doesn't matter where you invest.

[nelson4lov]

Obviously I think there are some people who should convert to stablecoins because they know that stablecoins are pegged to fiat, fiat will also be devalued, but fiat is preferred for this period as the market starts to gradually decline thus completely eliminating the risk. Either holding Bitcoin or stablecoin is the most appropriate choice, but it totally depends on what your game plan is, if holding bitcoin, stablecoin, that's better.

Like you said, it depends on the choices but a general rule of thumb is to diversify one's crypto portfolio because like every other market, crypto market also comes with its own risks which makes it quite a volatile market. It is recommended by many proven traders that we should always ladder sell towards a top (aka taking profits) and keep this funds for when the market corrects (it usually does) use it tobuy back your stack with a nice increase too 

[First_on_the_Moon]

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

When the market falls many investors prefer stablecoins.
All other assets fall and investors not to lose their profit sell such assets and buy stablecoins.

Many people do not believe that market falls.
People continue to buy Bitcoin because they believe then Bitcoin will continue to grow and now there is a temporary correction of the market.

[kaka manteng]

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.

[Jackl87]

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 theory it would definitely make sense to transfer your funds from highly volatile altcoins into Bitcoin or even better in stablecoins like USDT or USDC before a bear market comes. By doing that you have saved your profits (when you transferred it to stable coins) or you increased your Bitcoin holdings and once the market hit's a low you can use that money again to buy back for example 3 times the amount of those tokens that you sold before.
The BIG problem is though that you would need to know how the market develops in the future (which is basically true for every investment) in order for that strategy to work perfectly. It is also possible that you sell your altcoins only one day before they make a x2 or something.

[velive08]

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.

with the current market conditions it is very good if you maintain the altcoins you have. if you have more money I think it would be wise if you collect some other crypto because this is a very good time to buy, I myself with conditions like now are more interested in being in altcoins