But when you the hodler, HODL, and encourage everyone to also HODL, everyone wins.
I don't think the majority of the people would appreciate that type of encouragement with how the price kept hitting lower lows last year. People are 'sunny day' hodlers but turn into chickens the moment they see a red candle.
I don't mind weak hands selling their coins because they will end up in the pockets of strong hands anyway. Even those who we consider strong hands right now will dump because not every person has $1 million as target.
Exchange hacks are more of a short to medium term contributor to coins being taken out of circulation than hodlers are. In other words, something that's negative by nature also has a positive side effect.