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?
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.