Found this ancient gem on BTC Talk. Still totally applicable in 2024, we've only scaled up a bit.
Holding is the only thing that makes sense now. Just think about selling now and the price going to 2k in a couple of years. With the halving in place I am confident the max we can go down is around 150 dollar to 500. So why take the risk to sell now and buy back later? https://m.stacker.news/20777
(p.s. The real lesson is that it's wrong to measure the value of Bitcoin in fiat, whether in 2016, 2024, or 2032)