Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it? Should I hold now?
As of this time of writing, only you who can decide whether to HODL or not. No matter which advice do you get either from me or from other sources, we’re not the ones who can decide for you. It’s your money, so you just have to be responsible for the risks that you are taking.
I agree that we can’t become successful if we don’t take risks. However, this requires proper risk management both time and money, no matter which cryptocurrency are you holding like ETH.
Because I am so bullish on ETH and believed in their further developments, I currently hold it since around early 2020 when this coin was still worth between $180 to $200. Even if there are no guarantees or promises, I still believe that ETH will go to new highs even if that takes a long while.