Bitcoin price will be down, but it will go up again. That will always like that. If you can use the time to buy low and sell high, you don't have to worry if you will lose your bitcoin because you can profit every time the price increases. You may need to hold some bitcoin and don't sell it if the price does not reach the next highest price or new ATH. I hope you don't have to worry because the price will be back to $19,700 soon, and right now, maybe you need to buy more bitcoin while the price does not increase yet.
That is a nice advice to live by when hodling bitcoin. I do not have a lot currently but my plan was to sell at ATH, although it won't be much hopefully I can start from there and eventually grow my bitcoin.
I am sure that is what people will do with their bitcoin, especially if they can have the opportunity to sell bitcoin at a new ATH. I am sure you can make a big profit from bitcoin in the next ATH, and if you can make more and more bitcoin, your chance to make more profit will become bigger. If you plan to buy more bitcoin, make sure you can split your funds into 3 parts order buy at the low, lower, and lowest price.
The matter there to achieve that is don't buy when there's a hype since instead of you gain something the result be negative since you possibly bought your bitcoins at the peak at that moment. The more vigilant we are in the movement of bitcoins the more chances for us to multiply it so better teach our self first not to be greedy and learn how to do a day trades since for this we can earn a decent volume and the market is perfectly fit for it right now.