The easiest way to make profit in Bitcoin is to buy and HODL aka hold ownership, Nothing complicated and you don't even have to think about it.
Most people feel the same in the OP as me, buying bitcoin at the wrong time and everything will be a lesson and learn to analyze properly, find accurate information and so on before doing it.
I also remember when I bought bitcoin when the price of bitcoin kept going up and hoped it would continue to go up, and as time went on suddenly the price went down and continued to fall from the price before I bought it.
and there is no other choice but HODL which is the best choice because I could not possibly sell it below the price before I bought it, and in the end the next few months the price of bitcoin continued to increase and I continued to hold it even though I made a good profit, and in the end at end of peak, I sold it yesterday when the bitcoin price hit a new ATH and an all-time high.

The last time people bought at ATH of 20K, it took almost 2 years to get back to that level. In the meantime it went down to sub 4K. There were those who kept Hodling AND accumulating. They are the ones who were winning in the recent bull-run. They are still comfy with 38K BTC. The thing is that there are two types of actions in the crypto world. Price-action and Product-action.

Now that the price-action is over, this is the time when you go into the products and try to get involved with something for the long run. All of this will eventually resolve itself. You need to decide if you have it in you to go through the winter.

HODLing is good of course but you need to re-invest in yourself as well as your crypto.

Hodling has always been profitable ever since especially if you are into bitcoin but if you chose to hodl those worthless shitcoins, even if you keep it for years, you won't make huge profits.

But i believe hodling is not for everyone as only strong hands survive at the end of the day. Weak hands may only hodl for short term but when they see the market continues to dump, they end up panic selling while seeing their investments continue to fail.

Just close eyes for estimate values in USD and keep multiplying value in coin . buying lower if you think price will going more lower . holding only can be hurt and frustating than keep buying in market . its depend how people trading . short trading or just holding i would prefer short trading at this price.

If hodl is not the best option to avoid and cut the losses today then what would be the best option that may suit to us? The thing is that we are saying it without any prior decision. If we immediately sell our holdings and our whole assets in our portfolio then probably it may turns out that we loss so much but if we just hold until the market comeback or bounce back again then people will not experience heavy loss than panic selling.

It actually depends on how determined you are on HODLing your coins.

If you would have bought bitcoin at $1000 in 2014 then you would have lost 80% of the value in the dump when bitcoin was dumped to $200.
But if you would have hold on to your coins then in the next 3.5 years bitcoin's price pumped upto $20,000

If you would have bought bitcoin for $20000 in 2017 then you would have lost almost 85% of your value since bitcoin dropped to $3000 approx
But if you would have hold it for 3 years then this year you would have made 3X

So it actually depends on how determined we are on HODLing. It's obvious that not everybody can get in at low prices.
But if we believe in it and HODL it for long term then it will surely give us the gains.

It may seem that the early holders or those who held at at $50k dollars will not benefit even bitcoin recovers again but that is not how they are thinking. They keep on holding because they know that the new ATH after the market recovers once again will be much higher than the ATH we've experienced. Now you can't say that they didn't gain any profit from holding. Still, this requires a lot of patience and perseverance to achieve and those who have large amount of holdings after buying bitcoin was still high have no choice but to hold or else they will regret either way.

HODL Actually means Holding for a very long term. 2-3 months isn't a very long term. I have seen people on this forum itself who brought at around 4-5k and then cried about buying at 4-5k when the price fell down to 3k. But today they are the happiest babies in the world if they haven't sold their positions. But yes one can argue that in this bull run when we are almost at the height of an all-time high. Investing in new money isn't a great idea even if you can gain a quick 20% on it. The best time to start holding is when the price falls considerably from the all-time high and you keep averaging around that area so that when the price goes 10x you are already prepared to dive in with huge capital.

HODL is basically hoarding. If everyone hoarded something, then it would become super rare to obtain.
If Bitcoin is ever to become a money supply, a peer to peer cash system, how can people just hoard it? They would have to send it.
But why buy anything with it? That pizza bought in 2012 was a bad decision. Buying ANYTHING with Bitcoin is a bad decision if everyone HODL forever.

Why should there be any? The profit comes when the price rises higher than when the holder bought the coins, it's simple as that.
Also, it all depends on the time frames you set. For instance, for the ones that bought BTC a year ago at $9k we can say that they've still made a huge profit, and still making it, even when the price is dropping.
That's the whole point of it - you hold through all these dumps and wait for the price to increase. If you sell low - what was the point of buying?
So basically instead of panicking people should but now and someday (can't say it will be soon), they will benefit.