You are right, in bear market you just have to wait it out, unless circumstances force you to sell it. Which should not happen since no one should invest in crypto not being prepared to loose 100% of your investment. I personally don’t have all cash in my cryptocurency portfolio. I’m invested in other assets as well as having fiat put aside. As long as you are able to sleep at night you should be fine. If we are in another bull market and I would have significant gains in my crypto investments, i would start scaling out, just like I do on the way down but the opposite. Not entirely, but taking some profits on the way up never hurts. I would cash out upto 30% and wait for another dip to reinvest it. My mind is definitely se for long therm and not just to take a profit and run.