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.