To me, holding in the long term is not an idiocy, it was just the result of not having an option. Many long-term hodlers, as you will note, are just small investors. They have no choice but to hodl because they can't afford to lose the small amount of money in their pockets. Although some of them are trying to trade, they can't, sadly, because their money may not be a good starting capital.
What do you mean "not having an option"? You had an option to sell during obvious downtrend after 20k pop. Like you had so much time to sell anywhere in 12-18k range. LMAO how the fuck do you miss something that obvious? And yes, it WAS OBVIOUS!