After a recent drop, the price has stabilized around $8000, but it still shows signs that a further decline is possible. The question is how long the price will stay at this level, and the intent of some people is obvious, to lower price even more, and buy as many cheap coins as possible.

You will not lose anything if you hold, fiat value of your coins is going down, but if you believe in Bitcoin, then this is just another bad period that will end sooner or later. In the end, it is your money, and if you think that's a good move to sell BTC to some stable coin and wait the right time to go back to crypto, just do it.