I think for long-term investors the exit strategy is not a wise choice when the bitcoin price correction is taking place as it is today. If you believe in bitcoin fundamentals over the long term, a bitcoin correction as it is today is normal and healthy. Instead of complaining that the bitcoin price correction is very deep, you can actually use it to buy at a low price.
Most of the time, Long-term investors keeps adding their assets when corrections take place, they are more on taking opportunities and not to let their chances of being passed-away, though there are also experienced trader who wisely do the short-term strategy, they cut their losses and re-try to buy back.
Not advisable for newcomer, panic mostly conquer they've minds when fear starts shaking them.
Ain't ready or don't have solid confidence with how they can take advantage with how the market will give them the benefits.
Investors who use the long term as an investment strategy, usually have large capital, they are more likely to see correction conditions as the right step to make a purchase, in terms of their finances being prepared in any condition, in contrast to investors who adopt short term as an investment step. Usually, people like this don't want to be involved in risk, so they will decide to invest if things get worse.
Moreover, the condition of newcomers who do not have experience in carrying out investments, if panic cannot be controlled, then they will definitely take the wrong steps, as a result of which loss is something that will definitely happen, therefore, be careful in managing investments, both newcomers new or old.
