Depends upon the investor whether want to hold or sell. Also market sentiments also impact on the decision of selling or holding. If you are a long term investor if the rate is just a correction only then you can hold otherwise you can book the profit and exit also plan for the reentry. It is also depend upon your financial requirement to decide sell or hold.
Yes, just like you said. It depends on
the situation. If you do not have a sudden need, let alone you have a fixed salary and all your needs have been met, why do you have to sell
Bitcoin? If you really need the money to buy something, maybe you can sell it. Or you're afraid that the current price will come down someday, maybe you can sell it. But I want to
give you advice.
If you buy a certain price, then you just got a profit of about 2-fold or 3-fold, you should last and do not sell your
Bitcoin. Wait for a while longer, so you can make a
10-fold profit. From there you may be able to sell
without hesitation.