For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
Its not everyone thats going to get profit, there are people who will keep on losing, and it happens to everyone at times, you just have to know what youre doing.
Anyone thats investing and HODLing should already know that price can go down at anytime, its not something you can easily predict, and there are people who are always thinking that price will continue to go up, its quite a ridiculous thinking , crypto is volatile and you should know that the price will not be going up all the time.