Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
I know newbies are always scared whenever bitcoin is dumping, whenever they are at loss, they do end up panicking and selling it, all what newbies want is immediately they enters the market, they should be in profits immediately, but they don’t know that things doesn’t work like that, sometimes you will be in profit, and sometimes you will be at loss, so when you are at loss, the best thing to do is just to hold your bitcoin patiently, with time it’s going to bounce back, you shouldn’t be in a rush to sell.
If am in your condition, and I already sold half of my investment, and bitcoin keeps on dumping, all what I will do is to reinvest the money which I sold the bitcoin, I know am getting the bitcoin at a cheap price, and I will hold till bitcoin bounces back.
If the market suddenly turns bearish, then why bother continue selling when you know you will only be at loss. Instead, just continue to hold your coins while waiting for its price to recover until you reach your goal price in the long run. For now, maximize your accumulation phase with bitcoin from your profits before. Having a bearish market is part of the crypto market so just be patient in order not to loss that huge.