If everyone is hodling in the bears and we have those that are busy buying in the bear market as well, it brings to mind who are those selling in this periods?
It’s practically impossible for everyone to hold at the same time. Neither will you be able to have people just selling in the bull market with no active buyers to enable you realize these profits.

There is a concept to take profit I feel has been misunderstood. Take profit doesn’t mean you have to liquidate your capital in the process as well but. It involves you taking the increase on your invested capital, the net of that.

By all means, never sell but even at that, I would propose you stay in the game, reinvesting your profit as well to make more off it if you can endure and sort out your needs from other streams to your income.