In situations like this, the DCA (Dollar Cost Average) method will benefit hodler the most. It is one of the best methods and effective investing strategy for the long-term, but it requires a lot of patience on your part. Other investors, however, who like to speculate and can't bear to have the open position for more than a few days, will just sell at the highest price possible and wait for the market to move back down before moving back in. But, that strategy only works if you have a good idea on the direction of the cryptocurrency price.

Therefore, I think doing DCA from now on would be a good idea since you never really know when the market will move suddenly in either direction.