The best thing to do for anyone who is not day trading is to have most of their investment staked earning some passive income. They can continuously take profits at the local tops while aiming to sell after new ATH for the blue chip cryptocurrencies.
In principle, I agree with you. In fact, we have to be careful about the unstaking period.
Now, what do you do if they make new ATHs now before the halving? Do you start taking profits? And if you do, do you reinvest if they drop expecting a higher top later, or what's off the table is off the table? In my opinion, once you take profits, you don't get back in within the same cycle.
I prefer to take a DCA approach this time rather than trying to predict the top. My strategies were made under the assumption that the top will happen in late 2024 or in 2025. Altcoins usually top after BTC.
do you reinvest if they drop expecting a higher top later
I have had harsh lessons learned trying to do that. I would prefer to HODL some part of my stake while earning passive income rather than trying to catch a falling knife. If there is another top, I can take more profits later. If there isn't, I will be okay with the profits I took.
I need SPS and HIVE and both offer staking rewards. I will keep these around longer than other assets fully prepared to HODL a part of them through another bear market.