I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
Partially yes if you intend to make a lot of profit for yourself. Basically, you hodl because you want to sell your bitcoins at a better price. We wait for a better price to come out before we sell. This allows someone to spike up the price therefore helping the whole market to start priming up for another bitcoin price increase. All it takes is a lot of hodling and one ballsy person who would sell their bitcoins at a high price.