Ain’t that the truth.. Any 30%-50% haircut tends start out as a 15%-20% gain. People getting in late are far too fixated on FOMO to understand where the run had started.
For me, taking out my initial investment and riding the profit is a must. Makes it easier to deal with the swings if I want to get more out of the run. It's a more passive strategy for me than lots of flipping too. Free shares!! I'm sure you know, just saying it for anyone that doesn't.