Stick to altcoins or switch to Bitcoin or stablecoins?

[Angry_Kitty]

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 cryptocurrency market falls there is a big demand for stablecoins.
That is why during fall of the market a lot  of new stablecoins appear and stablecoins become very popular.

When cryptocurrency market falls the demand in stablecoins increase and they become more popular.
People use stablecoins to save their assets from the fall of the market.

[AmoreJaz]

When cryptocurrency market falls there is a big demand for stablecoins.
That is why during fall of the market a lot  of new stablecoins appear and stablecoins become very popular.

Because it saves the wealth and profit of everyone but it's also common of being picky in choosing stable coins.

There are stable coins that you shouldn't trust and you shouldn't pick because they have some issues. Before you choose one, you need to do your own research because it can affect yourself and how you're holding it.

You don't like a stable coin that can potential freeze anyone's money.

but most stablecoins have that kind of issue, even usdt. they can freeze your money for whatever the reason they deem applicable. so in my opinion, it is good if you will only convert some of your funds to stablecoin to avoid losses in the market. but am suggesting, don't hold too long. you have no idea about their true backing here.
i am more confident to store it in btc, but everyone has their own decision towards this matter. if you will go into stablecoin, at least choose what is the reputable one in the market.

[DonFacundo]

If you decide to convert your altcoins into stablecoins right now I guess it is too late because the market is already on dipping, I don't think if it is wise to convert into stable coins, you really lose money if you do that. Holding is really good option for now just be patient until the market recovers. If the market is dumping again then you can buy more.

[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.

[LUCKMCFLY]

If you decide to convert your altcoins into stablecoins right now I guess it is too late because the market is already on dipping, I don't think if it is wise to convert into stable coins, you really lose money if you do that. Holding is really good option for now just be patient until the market recovers. If the market is dumping again then you can buy more.

You are right, I have a friend who had a strong investment in Polkadot and Solana, also in Matic and he couldn't stand to see his fiat value coins drop in price, he converted everything to FIAT and amassed a loss of almost 500usd, the truth It seemed to me that it was a very bad decision, I lost nothing by letting them increase in price, however it is his money and only he has access to it and to make his own decisions, if that money had been mine, for nothing in the world I pass it to FIAT. And he lost much more, because everything was initially transferred to USDT and from there he took it to FIAT and when he transferred it he had to transfer it to the local currency so that he could make the change to FIAT in foreign currency, in total he made 3 exchanges where he lost In each one.

[MFahad]

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 already down from 50k to 36k and there is possibility to dump to 30k buy very high chances that it will bounce back to 42k.
Now for me big opportunity to buy  some high potential coin like ADA,Dot,Bnb for ling term. When market recover these coins can give us best profit.

[og kush420]

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 already down from 50k to 36k and there is possibility to dump to 30k buy very high chances that it will bounce back to 42k.
Now for me big opportunity to buy  some high potential coin like ADA,Dot,Bnb for ling term. When market recover these coins can give us best profit.

For long-term investors, this is a very good time to buy cryptocurrencies (basically all of the top100 from Coinmarketcap). Investors who speculate for short periods of time now have a big problem, because it is completely unclear whether there will be further price drops or whether we will return to the uptrend. I think everything will clear up in the next few days.

[bounceback]

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 it depends on the individual strategy, if the current downturn you feel that the market will continue to decline further then you can convert some of the funds from your portfolio into stablecoins, but if I personally when there is a downturn like now then I will choose to hold and leverage this decline to make more purchases because I firmly believe that bitcoin can provide greater returns when the market bounces back.

[Pejoh Asu]

If we want to switchh assets to stable coins of course when we get big profits, it is a mistake if we move to bitcoin or stable coins at this time because the market is down, it's better to hold or buy more because I'm sure the market will recover soon.

[Pujangga]

I think altcoins are still the main choice, don't be afraid anymore to hold ETH, BNB, Terra or other altcoins because the potential is still bigger than bitcoin, to go up 10x in a year of course it's easier for us to get by investing in altcoins because the price of bitcoin is too expensive so hard to go up 2x in a year.

[Marykeller]

I think before you invest in any particular coin you would have done your research very well about the project before investing. If you can trust a coin and invest in it while can't you hodl until the bearish market is over. The bearish won't last forever, there's always a better side out of it. All you gat to do is to relax your mind and focus on the future best of that altcoin you hodl in your portfolio

[HyunBin]

I think its better if you diversify your portfolio in some good and potential altcoins to have a good amount of profit than sticking to bitcoin or placing it to an stablecoin.

[hamba laeh]

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 it's better if we hold the altcoins if they have suffered losses and buy more coins until there is an increase in the future. rather than having to accept losses, it is better to hold it if the latcoin has the potential to grow in the future. if what you have is an undeveloped altcoin then you better sell it and buy a stablecoin, so you can save the assets you have

[LUCKMCFLY]

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 it's better if we hold the altcoins if they have suffered losses and buy more coins until there is an increase in the future. rather than having to accept losses, it is better to hold it if the latcoin has the potential to grow in the future. if what you have is an undeveloped altcoin then you better sell it and buy a stablecoin, so you can save the assets you have

The use of usdt to establish a better protection of the value of our money is not bad, especially when you have some knowledge and you can intuit that the market may go down, unless you can stop losses it is something that is not bad to recommend it, but at this point if you bought altcoins when the BTC was at $60k or more I would not advise, I would prefer that you not think about the value in FIAT but about the altcoin you have, this so that psychologically you do not have a feeling of guilt, I would strongly recommend hodl until the BTC market recovers, it is the best because there would be an opportunity to recover everything and make a profit.

[jossiel]

I think it's better if we hold the altcoins if they have suffered losses and buy more coins until there is an increase in the future. rather than having to accept losses, it is better to hold it if the latcoin has the potential to grow in the future. if what you have is an undeveloped altcoin then you better sell it and buy a stablecoin, so you can save the assets you have

This is what I do.

If I'm at loss, there's no selling that shall happen until I recover from that altcoin. And if possible and doable having a budget by that time, I'll buy.

If the situation permits that holding would be the best choice at that time, I'll have it on hold and won't accept the defeat of selling at loss. It's normal to cut loss but if you've been having a tremendous loss for that coin, it's the crucial part and you have to decide to hold or sell but I choose to hold.

[Erumo]

Isnt it too late to switch one crypto to another? Switching to stables wont make you earn, as this is similar to holding fiat. Also it wont help you to buy low, as trains is gone months ago. Selling alts for bitcoin will only make you fixing your losses. All of us already in the centre of financial tornado. Making moves now only do more damage to your porfolio. Just wait and enjoy the play called "New World Crisis".

[Pollesoa]

Choose both Bitcoin and some good altcoins. Bitcoin is the leader in the crypto market, it has stood the test of time and a long-term investment pays off. Some altcoins can also make good gains in the short term. At the same time, it is easier to profit with portfolio diversification.

[bakasabo]

I feel myself more comfortable holding bitcoin instead of holding altcoins. And I see no reason to hold stablecoins, as their value with time will be the same. I prefer to gain some profit from bitcoin price changes, take profit and reinvest. Even though I dont panic when market goes deep red and I am an experienced holder, can hold altcoins until their price double, triple or skyrocket, I prefer take less profit and often, then one time a year or later.

[Eatfaster]

Sticking to Bitcoin, this is the truth I got from bankruptcy twice, only Bitcoin can get us out of the quagmire, this is the hard currency of the future.

[kojektea]

I think it's good to take advantage of the current moment, holding altcoins, bitcoins, or stable coins is not the best choice.
If you are able to play in the bear market well, you only need to act like an ordinary trader without the need to maintain one of them.
I know this may be very difficult and of course we have a heart that always panics every time we trade, but I am sure that with high experience it is not impossible.


Because in my opinion, if the market has dropped and then we just walk away from altcoins by saving stablecoin it doesn't make our assets increase,
it even makes us lazy to return to the market. It only takes experience and also the courage to make decisions, gaining momentum in a bear market is not difficult.