When I was new to cryptocurrency I was totally ignorant about market prediction, volume, future plans. Then I invested in some cryptocurrencies. After a few days of investment, I made quite a few dollars. But due to little knowledge about the market and excessive greed, I did not sell the crypto currencies I invested in the market at that time. So currently I am at a loss of $14000. Now I have no alternative but to wait for a long time.
Wait is the only way for now until you can recover from that losses.
When people claim they have little knowledge about the market and the greed to get more money is what makes people suffer from more losses. I don't mind with getting more profit but by the time the world suffers global recession and the update of cryptocurrency where so many bad news happens, that should be a bad sign for all of the holders or traders to actually stop and think again about the decision.
Waiting is great if you bought btc or eth or something at that level and it went lower, because that means you will be able to actually make that back if you wait. But be careful about not going too lower, because if you buy something that is a shitcoin and it goes down, by all accounts that could never recover and it would be a big mistake for you.
Basically I believe that the best thing to do would be making a bit of profit based on what we can make with this, and that is only possible with the real original ones that makes you money, not the hyped shitcoins that look like they are something today but will be absolutely nothing tomorrow.