From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
Yes that's right, holding and taking profit at the right time is very good, but when is the right time? This is what always keeps people at bay. A lot of people sold a coin, only to see same coin pumping hard within few days, such that what they sold at can't be compared to the price they later met, it was something else.
I would say, one of the thing I learnt in the past bull run is, do not sell the entire token, keep some such that, if the price later goes up after taking profit, you can still have some left to sell again, hence taking another profit.
But however, be sure you are following such projects carefully, to know when to dump everything, in the same way, it also opened up the good projects because they kept pumping with their use case, and when others are down now or dead, those good projects are still out there maintaining a good price.
So the thing is, hold but know when to take profit, and endeavour to leave some, unless you are already contented and wish to leave.