Easier said than done. Bought btc at 18k then it crashed down and wait until it reached 18k again. My question is, how long does they have to wait? The patience is tested much in that situation. However, if there is no choice then yeah hodl it longer. But if you think, you can't hodl it anymore maybe when they sold it at $13k and rebuy at $9k and sell it again at $12k then atleast it slowly compensate the lose, right?
It is difficult to predict the market, what if the sold at $13k, and the price never decline again to give them that opportunity to buy at $9k, would they not have lost completely? I am also among the people that bought at that peak price, and I am not blaming it in anyone except myself because I should have watched the market carefully before buying then, but I guess that we all fell for fomo.
We all know that reaching that peak price is one in a particular period, now that we have fallen for that other fomo, the best is to continue afresh while still waiting for us to recover the other money back, so what I do is just to use fresh fiat to trade since the time it dropped to $4k which I bought and I must say that I have made more than what I even invested in that last bull run, while I am still waiting for that one to also grow too.