Firstly I wouldn't blame you since it was just your first time into cryptocurrency and you started off with the wrong move investing into several shitcoins which messed up your funds. Apparently, the market is red now, even Bitcoin is experiencing a dip now, but we have high hopes it would recover soon and surge higher, but I don't know if your shitcoins would do same.

You don't need anyone to advise you dude, DYOR and decide the best thing for yourself, but bear in mind, Bitcoin is more suitable on a long-term investment, although short-term investors may make gains, but it's not to compare with long-term investing profits.

You need to research all the coins you buy. Sell those who don't have any real support from creators and don't have real supporters. And hold those who have promise.

Knowing that you don't have much experience in all these, he would have taken his time in teaching you on what to do and how to invest in crypto, then gave you the best recommendation to start with which is Bitcoin before any other consideration on other altcoins, now he's stopping you from selling a d can't do anything to help the situation, he can't be telling a newbie to hold like that, not even when altcoins are the major portfolio, most of the coins you have invested are not even familiar to me, while the more you're holding the more likely they are to continue to dip, the best option is to sell them and look for a perfect entry to buy and invest in bitcoin as you have already planned.

In my opinion, if you invested in alternative cryptocurrencies and your initial deposit decreased by 10 times, then it is almost impossible to fix the situation. This is the harsh reality ...

Yes, you can sell these alternative cryptocurrencies and buy bitcoin. However, making a profit from bitcoin is closely related to the Hodl strategy. The probability that the price of bitcoin will rise to $ 850,000 in the near future is very close to zero. This is an unlikely event. Of course, you can try to continue speculating with alternative cryptocurrencies, but most likely you will lose all your money quite quickly. You can also go to the casino to play. Yes, there is a certain chance of success, but it is not very big.

Therefore, in my opinion, you are better off selling your alternative cryptocurrencies for fiat money.

Had it been you came here to seek for professional advice before buying those shitcoins, you wouldn't have been in this messy situation. Now it has gotten to a critical point you suddenly remembered the forum. Well there is no miracle that can make you recover all you have lost within the number of months you still have left. So it's better to take whatever that's left for you and count the rest as loss.  You can decide to switch to bitcoin that's fine, but there's no guarantee that you will recover everything you have lost within a short time. Bitcoin is best invested with money you don't have need for a long time. At this point, just take what's left and Man up. This is my advice to you!!

First and foremost, you need to come to terms with the loss that has already happened. Yes, it's unpleasant, and yes, it's unfortunate, but what's done is done, and it cannot be changed. Now, you should make decisions based on the capital you currently have. You should definitely sell all your existing coins right now to avoid further losses. After that, you might consider investing in Bitcoin. While no one can guarantee that you will recover the lost amount, it is one of the more likely ways to regain or at least get closer to your original sum 

That is NOT stupid at all and you should not regret it even a little bit. Because what you now have is a great experience, something that most people lack in this market.

This is the mistake that you should regret. Wanting others to tell you what to do.
Maybe today it is a good time to dump those shitcoins and tomorrow being a good day to buy them. If you ask others today and they give you good advice, you still can't make a move tomorrow because others may not give you any advice.

That's not to mention different people may use different strategies that you may not like to follow. For example I always say that nobody should bag-hold any altcoin. Altcoins are good for short term trading. Meaning when they are starting to get pumped, you enter that altcoin and try to ride a portion of the pump and then dump it quickly to get some profit out leaving that coin behind.



This is the NPC chart that you say you are bag-holding. The pump of this shitcoin starts in April 2024 and by mid May is starting to really pump. That is when I'd get in if I were trading shitcoins. The indications are the price rise (obviously) and the increased volume that is being injected into it which goes from 1-2 BTC/day to 10-30 BTC/day. That's the entry.

Price then starts going up giving you profit. If you had entered when price was about 10 satoshi you could get out at about 30 satoshi in a couple of days (almost a week) with 3x profit ignoring the fact that it went all the way to 60 satoshi later with the total profit of 6x. Be satisfied with the smaller profit which is still a good profit.

In long term, altcoins have no potential. All of them get dumped without exception. As you can see in this chart as well (NPC got dumped back to its April price). Which is why they should never be "held".

Hello...

I don't know when you bought these tokens. But I think you bought these tokens when the market was good, which is why your token is in a bad state due to the bad market conditions. To invest in altcoins, you need to understand the market well. What I can see is that you bought such coins after hearing from someone else. It is not right to invest in altcoins like this without analyzing it yourself properly. There is a high possibility of losing money by doing this. The current market condition is bad, so wait a little. If the market is good, then it is better to leave the tokens even if there is some recovery.

But one thing I like is that you are making an attitude to invest in BTC even after being in such a bad situation. If you had invested in BTC instead of the altcoins you have bought, you would not have had to worry about anything. Because no matter how low the price of Bitcoin is, you would not have lost much. Since you are looking to invest in Bitcoin, you can start investing in Bitcoin by maintaining DCA. Remember that investing in Bitcoin requires a long-term investment.

It's just the fact that it is a proven way that will work for a person who learns and starts working toward it accordingly.

It's a route that was worked through and through, and it works