The whales will pump and dump just as the sun rises and falls. As the whales pump and dump the small guys will lose their money to the whales. It is set in stone.
This is the time for buy and hold. The economy is going to crash and bitcoin is not going away. That's All you need to know.
PS. if you are a gamble addict and need some action do something else. Maybe $1/$2 stakes hold 'em. But honestly not bitcoin. You will lose.
Public service announcement
Very good thread and excellent main post. Good knowledge and good reasoning in everything written. Congrats to the Op (as for me). Appreciate most of all "the time for buy and hold". Would add if would be me the OP that "hold for a long time, so long that can seem "forever". For bitcoin is not the time to sell even after at least 5 years. So maybe would be better even if is told: "buy and invest" and not only "buy and hold". At least this what I am doing since three years. Not always successful but in this moment I am having very good returns from my invested bitcoin. In several options. And seems that will last. Lets hope so. I had only a little thing to correct at the main post. The gamble addict don't need at all to do something else. The only action that must do is to find a good doctor in order to not ruin much more his life and the life of his dears.