Yes, markets are crashing. Yes, it feels pretty depressing to see digital wealth collapsing in the front of your eyes.
Yet, this goes against the notion of the HODL entirely. If one were to look at the entire history of Bitcoin and crypto, there have been similar corrections. These always usually happen around January. The market shakes out the newbies and those that panic tend to get flushed out.
https://www.coinbureau.com/analysis/virtues-hodl-market-crash/There are also suspisions that these could be large whales that are trying to spook the market and profit on large short futures that are currently on.
Either way, the Hodler does not let fear and short term market movements drive his / her investing decisions. I know Warren Buffet does not like crypto a lot but he said "if you cant lose 50% of your investment in a stock and still be confident in it, then you shouldn't be in that stock"
Are there any fellow hodlers here?
I am still holding my Bitcoin and even if the market dropped to $1,000 I will still be holding because I believe in bitcoin and I always said to my friends that the future of bitcoin is bigger than whatever is happening now. If the whales are manipulating the market because they what to dump the market so they can buying cheap I will not still sell because of that. I will encourages us to keep holding and by June or July we would not regret were the Bitcoin prices will be.