When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.
Hold it and wait until the next bull run era. be patient because patience is the key. If you sell the coin right now, you will exactly lose the assets. But if you are waiting for the next bullrun, you are still possibly having the chance to sell it at a higher price. But, never be greedy. You can set your Bitcoin in several rates after the previous ATH. So, this will be worthier. We know that investing in Bitcoin is always risky. But better to hold it than sell it now.
Very situational indeed and since not all people does share up with the same financial status and problems in life then actions would really vary and this is why whether you do sell on loss or would basically be holding until the price had recovered. We know that the price had dipped down on hitting that $15k on its lowest point and if you have purchased or bought on 69k then you would definitely
If the OP has a serious and urgent problem to get cash, then like it or not, he has to sell his assets. However, if it's not something urgent and you can still fight for it and hold it, then it would be better to be patient a little more. At least, maybe there will be another bullish era later. And set the price at several rates. So even if you don't get it at the highest price, then at least you have taken profits earlier at the lower price.
At least, not to be greedy or panic