Bitcoin is currently in freefall. According to CoinMarketCap, it is down 11% in the past 24 hours. Ethereum is down 21%. We’ve haven’t seen numbers this bad since the FTX collapse. This time it’s traditional finance that is bringing everything down in the global markets. The slowing economy is creating fear around the possibility of a recession. There is also the escalating situation in the Middle East. Israel is dead set on starting World War 3, and the US will continue with its irrational support of their reckless behavior.
from what you're saying, it's going to go down even further in the near future. so people should sell their bitcoin and wait to buy it back. that way they can have MORE bitcoin than if they didn't do anything. fiat is the safest place to have their money in these type of situations. $1 is still $1 no matter how much the markets tank.