this is interesting, because everyone will often make this decision. traders, investors, or speculators.
the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"
he posted the theme because bitcoin dropped to $ 600 from $1300.
and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
This situation makes bitcoin price volatility even worse than in the past. People are smarter now, they prefer like to join in panic selling because in bitcoin market it is not really called as panic selling but opportunity selling so they will buy it again when no one want to sell their bitcoin anymore then the panic buying will begun, this cycle keep repeating and keep those traders gain many profit from it. When many of us think that bitcoin price will reach more than $20.000 then the price actually goes down and when many of us think that bitcoin price will go down to zero then the price will rise again to the point that we never expected before. The bitcoin market actually not sluggish, the traders just waiting for the right time to buy bitcoin again. I also wait that time, when bitcoin price reach the peak of price down then I will start to buy it again.