Worst case scenerio is way higher than where we are at right now so unless ypu need the fiat for an important life event it would be rediculous to cash out now and trade ypur bitcoij for fiat. All cycles go like this and you just need to stop the daily chart watchijg it will drive you crazy. Buy hold amd enjoy the ride
You mean to say lower? But some still likes it. As for the highs, I believe all of us like it as well. Who wouldn't be when that means we can't just sell our coins now but we can also sell it at a very good price, that allows us to earn a very good profit. We all need a fiat but it is just that some has in stock with them already, so there is no need for them touch their BTC. Whether it is for important spending or not, we can always cash out anytime we like. It is our money anyways, so we deserved it.
We still don't know the future, so who knows? Maybe the cycle can now be different this time, that is why some are only preparing for it. Charts are important and not all are too sensitive, so they can continue watching it.