I have seen so many people claiming to be HOLDERS, just because they hold their bitcoins as long as the market falls like a few months, they call it that even though their true nature still feels uneasy when negative news arrives and the market does not show positive movement according to what they expected and led to panic. I think true HOLDERS are those who really hold their Bitcoin up to the time limit they specify or how much the coin they hold will grow regardless of outside influences.
True. Many people who claim to be holders of Bitcoin, simply panic in the end when they see negative news and prices falling constantly within the market. Which explains that they're only into Bitcoin just to make money, instead of believing in the technology itself. True holders would remain patient no matter what happens in the real world. As for myself, I've learned this the hard way since I've became desperate in owning some Bitcoin back in 2017, just to realize that most of my money was gone due to the drastic decrease in price this year. News all over mainstream media, will try to spread FUD with the simple reason to scare away people from retaining their Bitcoin holdings for a long time.
But those who're smart or wise, would keep close attention to the development of the blockchain industry. Even if Bitcoin and other cryptocurrencies have fallen in price, they've been growing in development every step of the way. The Lightning Network is on the works, as well as, other privacy solutions such as TumbleBit, to help make Bitcoin ready for mainstream use. When the time comes for the much-awaited scalability solution to emerge, you could expect Bitcoin prices to rise like last year.
All in all, there are only a few holders of Bitcoin which don't sell their coins no matter what happens. They believe that Bitcoin is meant to be much more valuable than what it is right now, which is the main reason why they've invested in it within the first place. Only newbies would quickly panic sell Bitcoin because they're not aware how the cryptocurrency market works. But experienced traders and investors, would buy and hold their Bitcoin until the time comes for them to sell (if they decide to do so at all).