In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
I still have my bitcoin holdings and mostly it just came from the signature campaign so I don't really have capital with it so I could just hold it for a long time and sell it at a good price than before when I received the payment. It's true that we should have an exit strategy when investing in cryptocurrency but we also know that in bitcoin it's more like a long-term investment and you don't need to care about the deeps. Still, we have technical analysis and obviously, we are still in the bull rin so I don't think it's a good time to sell.