Holding a cryptocurrency for a long time is not the best choice. So, those who only watched how the cryptocurrency grew in price until May of this year, and did not fix their profits, are now forced to observe how low it fell in price. In addition, the further price growth of bitcoin may turn out to be just an unfulfilled hope, and then sooner or later long-term hodlers will fail.
For bitcoin, holding for a long time can be sure to always be profitable because there will always be an increase in the future, but not for altcoins because it won't guarantee that it can happen, it is feared that it will be lost in the trading market and will suffer losses.
currently bitcoin, despite its almost profound correction, can still remain within a tolerable price range. if it has dropped below the price of $ 30K, of course it will be different and it's hard to guess. but now it is still enduring and including stable between the prices of $ 30K- $ 40K. I hope this price will continue until the external influences pass.
if it has gone through external influences, it is certain that bitcoin will depart again towards its main goal to increase sharply at the end of this year, we are waiting for further developments in the next few weeks. we have to be optimistic that bitcoin is able to get through that.