Of course, holding is not the only thing we can do in trading, we should always consider the timing whenever it is more good to do trading or just hold within. Because in every trading, tbere are chances to win or lose but the more strategis way is up to ourselves thinking and knowledge we had.
There's always short trading. If you are knowledgeable enough and are able to buy coins at low prices and wait for the right time to sell. With this kind of market and volatility, one would be able to gain profits at a short period of time. Holding is just one of the many things that you can do with crypto, and if you feel like it's safer for you to hodl and wait, then there is no harm with that. Some people prefer to hold because you can lose your money in an instant in short trading.