do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
If you are not trusting the coin to begin with then what is the point in holding the coin when it goes down, first you need to trust the team and the project before investing your money, chainlink is getting some hype in terms of the market rally it had and had a small correction and i hope it will recover rather than dumping hard.