what else can be done other than hold when the market is going down like this. back to our first goal, if we aim to invest it takes a longer time to hold it but if we focus more on trading then of course we have to manage and use it in the near future. but for me bitcoin is good for long term investment and currently the price is also falling so its better to hold than to sell it and get the big loss. but if you want profit in the near future you can choose to trade with coins that are good in the market, I think it's a good choice.
Agree with that..
When you hold your coin especially for long term, this is the best tip i can give -> Checking crypto prices all the time is absolutely useless, unless you're an active highly trained day trader. Constantly checking prices will only cause you unnecessary stress!
Certainly, it doesn't make sense if you check the price daily, it's not that it will suddenly reap you serious profits overnight. Checking it daily will make you feel more anxious if see that the market is declining than usual and it's not what you want to see. So if your plan is for long-term then be patient, that's all you can do for now.
But if you want another strategy to gain then being a trader will be suitable for you, but I warn you, it's not so easy to begin with. You need to check it constantly, like time to time, and really requires patience and time in-order to gain.