Before BTC created Climax, still hold, after the climax candle d1 or D3 appears, then consider the option to take profit because we are still waiting for the distribution phase, or simply the MM sheep wool phase.
Of course, every uptrend wave always comes with a wave of selling off, wave 1 uptrend, wave 2 in the uptrend is all about cutting loss or taking profit, wave 3 goes fast and strong to find F0 to ride the peak.
So taking profit is never wrong, but the mistake is not knowing the point to re-enter. Many times, closing at 10, thinking it is good, going down to 7-8, seeing it still going down, waking up in the morning to see 12-14, jumping in quickly is still in time :)) Usually like that.$XRP