Today there is a correction that is around 3% and makes the price drop below $ 25k, of course many are worried that the price will continue to drop and below $ 20k, this proves that the strategy to sell immediately when a profit is at least 10% is the best way, We see whether Bitcoin can return to $ 30K this month or not.
Well, if you're a short term hodler you can do this strategy (sell already) if there's a decent increase in Bitcoin, so you won't regret not selling if the price move downward. Taking advantage the increase is ideal for investors who can't wait longer because there's still a chance to buy back once the price is declining.
However for investors who prefer to hold for long period, the current situation is not bothering them since they have set target when to sell their Bitcoin. The advantage is, less stress and worries though you need to be patient to be able to hold for long period. Anyway the future is uncertain so we must be prepared for the result of our investment (either positive or negative) since it's not 100% guaranteed.