So I want to know how to react to this market and what do Hodlers do in these situations. Do they Sell, Hold or Buy More. How can we Newbies save ourselves from FOMO in this situation.
That's the reason why it's important to understand the meaning of "HODLer", because basically a person who decides to become a HODLer will not be tempted to sell even though the price is down or the market is volatile. They will tend to hold their Bitcoin and hold it in the long run, and usually they are more sure of what they are doing, so when the market is volatile they just assume that it is just noise - they are more confident that the price of Bitcoin that they hold will rise significantly in the long run.