for current conditions, I likely tend to number 2. this is because the potential for bitcoin, ethereum and others is still very potential. let's just say this is a phase where the price of the coins is still very cheap, so the spirit of holding and collecting coins is still very large. however, the prices of coins like bitcoin and ethereum are currently quite far from ATH, and are likely to reach their new ATH in a few months or years. So, right now they're still pretty cheap and it's still great to hold and collect them.
whereas I will probably choose number 1 when I have profited with strategy number 2. however, I feel that popular crypto assets have a greater potential to increase our savings faster than choosing method number 1.
Crypto has a huge potential, much bigger than what stocks could give us and that seems to be the case here as well. Stocks do not always drop, but the crashes they have are so big that most of the time it feels like they go 1 to 2 and back to 1 and then 2 again and then drop 1 and keep doing that in cycles. Whereas it is a reality that crypto is not like that, the future holds better results for crypto since it can go up so much more and the drop will be still bigger than the initial price.
Look at the current situation we are at around 42k, sure we reached nearly 70k, but the "drop" was still 2x bigger than the last ATH price we had.