I remember someone who does hodl a lot of his token since he saw that the price was pumping so he decided to hodl more which means he's being greedy thinking it could still pump more. And then one day early in the morning, he just saw the price dumped with the face full of regrets he said "I shouldn't be hodling more but instead dump them if I have the chance".

Although he got some profit though but not that big and I would say that not all project is worth hodling even for long term especially in altcoins or new tokens. If you have the chance to sell them, you sell them without a doubt it may pump or not for some tokens but it's hard to tell which one so make up your mind already before you lose almost everything.