What would be the right thing to do during COVID-19? Should I spend Bitcoin or should I just "HODL" it?
It depends on the person or the financial stability of the person, if you are fortunate enough to sustain your basic needs then it is better to still hodl your bitcoin and wait for the right time to exchange it but if you are not fortunate one then you don't have any choice but to use your cryptocurrency for yours basic needs that is important for this pandemic situation.
only hold what you can afford to lose.
Yeah, that is the common advice that we can have about this topic, your extra money would be enough for you to hodl then separate other money for your needs in everyday life.