A lot of people are currently in a mood to quit the crypto investment. They think the market would never recover. They think each day the market is getting some sort of the shockwaves which makes coins recovery lot harder. This happens every year some news is forced to make the coin reduce in price and then some scam or exits make market go into dip.
Does that mean it's time to sell? Not really... Here's why.
Selling Now means Buy High Sell Low
It's time where the coins are down their 50 or more percent than the purchase price of last few years. Which means you are holding the coins half their price than you paid for. So selling now means the loss which you just can't recover. You have to think of holding for long enough that you are recovering atleast the buy price that you paid for.
So if you can hold longer with your anxiety. You should definitely consider that option. Because selling in this time would never give you peace later once the market recovers at better price.

Dip Cycles are Regular in the Crypto Market
For those who are in the forex market and the stock market. They see the dip in the market every now and then. Ask the day traders how was the market during the January 2020 to December 2021. Yes a lot of people commited suicide. Some made loss exits and also some started investing heavily since that time.
You can see that life and the market has dip and peak cycles every now and then. You have to time those investment such that you take your money and make exit when required. Just not when you are in a loss zone.
Stablecoins Help in Dip Times
Let's say you have some stock of the coin which you think you would need during the dip times or emergencies. You should put it into the BUSD or USDT. You don't have to put a big amount. Just enough to get you off the bad times. So if you are in panic mode, next time invest into stablecoin and sell it off to make yourself feel good in the down times.
I understand that a lot of people in the crypto are into it because they fall for persona of Elon musk and purchased dogeoin and shibinu. And now they feel the burn of the market dip and peak. Regardless of how you made entry into the market. You have to understand that market works with dip and peak cycles and there is nothing you can do.
Don't panic. HODL till the time you want to sell and move on. Or if you want to stay long term, just buy stablecoins and use it in dip times.