I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.