Well, once he gets one or two magnitudes higher than fuck you status there might be a wee bit of a different game going on in terms of whether the HODLer feels that he can sell his bitcoin as fast as they appreciate in value...
I have no way to prove it but I'm guessing that this 100xFU group is very very small and most ideologically-dedicated hodlers are probably in the < 1.0 FU territory and they didn't get there by blowing money on lambos and iphones unless they started with a 10+ FU inheritance.
From my own experience, when I was poor AF I was driving a beamer that I couldn't afford, and now that I'm... less poor I'm driving a cheap shitbox that gets me from A to B and I couldn't care less if it's not cool. I do believe there is a correlation.