The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.
We all are built differently and my patience level isn't the same patience level with yours so you are in no obligation to do exactly what others are doing so you can do what works for you, you bought your Bitcoin by yourself so you should know if it is profitable for you to sell now or later but if I'm going to make a suggestion for you I would say that every investor should wait a little bit longer for this year to end because it might go up again in the new year and this time it would do better than the previous ATH, situations like this are the reasons why i always advise new investors to do a thorough research on their own before making decisions to be in the crypto space.
We all have different priorities and our financial responsibilities are different, you don't necessarily need to sell your Bitcoin because of profit, you can have an urgent responsibility that you won't have a choice but to sell. If a holder is not in urgent need of funds i don't think that it makes sense to sell when Bitcoin dip, you can have patience knowing that it has potentials to skyrocket and hit ATH sometime in the future. This is why investors should have discretionary funds from where they can take care of responsibilities that will be popping up from time to time. Bitcoin is like original wine the longer you hodl it the more value it will add to you in bull runs.