What's your take on this? Given the period we're in is it buy time or sell time?
I want to believe that you are referring to bitcoin. Therefore, if you think long term, you are in the buy and hold period. If you think short term you are in the panic and sell period.
This is the best way I can think of it.
that's is not the way if you are referring to bitcoin only day traders we think that this is the period for them to make profit, as an investor this is the period you keep buying and holding for long term.