I'm buying coins, freaking again and selling them. I'm still learning to trade, made some lost much larger and recovering again. The difficulty on making a trade on such volatile market is to find the right time to take profit or stop loss. What I can say for sure is bitcoin is much more inflated than what it's worth at least at the moment. Anyone buying now for the long term would get hurt.
That's called 'weak-hand' because the price of bitcoin will recover after it fell, although the best time to buy at a lower level below $40k. Learn the technical analysis and trends on the market to decide entry point, stop loss, and percentage of profit. Nonetheless, a different perspective for long term holder even for them who bought at $42k as the price will increase significantly this year, $50k-$60k in next month and may surpass $100k in q4.