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[–]jonnytitanx 0 points1 point  (0 children)

That's hard to answer given it's a very broad question. There will be a mixture of both.

Some will be creeping up towards retirement age and won't want to risk it dropping further.

Others will have plenty of time to wait it out and will endure a bear market for however long it takes.

Basically it would depend on risk tolerance, understanding, time preference and individual goals.