I think that it's not entirely correct to say this, because any person who makes efforts to support the existing system of crypto-currencies - makes a contribution to its development.
at least hodler narrows the panic conditions and in the end many of them will do the same thing, in some buying momentum, they will also act positively, lots of rich people because they hold bitcoin starting from 7-8 years ago, and their attitude deserves to be praised because it is not affected by the fundamentals and continues to increase nominal regularly. this is what causes bitcoin to become popular as it is today.