All other things being equal, I'm perfectly happy to sit on my bitcoins until the market is more favorable.
Don't get me wrong, I'm in it for the long haul. I keep about 10 bitcoins in "savings" around for spending on stuff within the BTC world. I usually spend about 15 a week, mostly purchases for work equipment and whatnot.
I have about a grand I have devoted to investing and buying. I've been playing around with the market and come out probably 5% ahead,but I generally don't leave all of that in BTC if I walk away from the computer.
In other words, I have faith in the long term viability of BTC, and am a practitioner, so to speak. Short to medium term, though, I don't want to keep buying and holding as value drops. I'd rather buy closer to the bottom. Problem is I'm a relative newbie and I don't have an instinctual feel for what the bottom should be, nor do I have a good enough picture on the whole of the BTC economy yet to gauge factors like "is more money entering rather than exiting" BTC (other than using the markets as an indicator, which would say no).