Re: Stick to altcoins or switch to Bitcoin or stablecoins?
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 bull comes many altcoins gains more than bitcoin eth and other big cryptos, It depends on what you trust. Do you trust in bitcoin or do you trust your altcoins which you invested and that altcoin will perform good in a couple years from now. If you want to gambling then just put your money in altcoins will be nice
There's a crypto cycle which will be beneficial to you if you follow it. The start of the cycle was the pump of Bitcoin then Big marketcap altcoins will and lastly small caps coins. If you know this pattern, You can easily switch asset base on the current trend on crypto, There's a time that you will have more profit on Bitcoin compared to altcoin so it will be beneficial if you have knowledge about it.