Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
In my life I try to make less cutloss, after I buy I will keep hold it because I belive that the price will back, I will hold my previous buying and buy at new dip with fresh money, If more dip, same like previous I will keep hold it and buy at the new dip with fresh money
There's no need to cut loss if your intention is to hold longer, anyone can do that as long as you believe on your holding and you'll never panic.
Correction might cause a market crash like we witnessed before but there's always a good news and that is when the market will start to recover.
Different situation will be witness for long term holders, but what is very important is the goal to sell as no one holds forever.