I think that the holder can be in two cases.
1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it.
2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding himself (or listen someone’s advice) in order to sell it sometime (often he doesn’t know when it will come 'Sometime').
In all other cases, the hold is unreasonable. You should be well versed in coins and trading. When money simply lies in coins and doesn't bring you a steady income, this is a luxury that is not permissible. In order to earn - you need to work.
the two case the you have stated above are i think both the same . both 1 and 2 are normal traits of a hodler . for me the two cases of a hodler is number 1. ) this kind of hodler is calm and verry aware about the market situation . he knows that cryptos are volatile and fluctuate at all times .
number 2. ) this kind of hodler do always panic because he is lack of experience and most of them are newbies .
both kinds of hodler that i list above are prone to dangers of unstability of the price .
These cases are not the same, but they are not mutually exclusive. The first may include the characteristics of the second and vice versa. But they can also exist separately. And the presence of faith and confidence in the coin doesn't necessarily have those people who are described in the second case. That's the whole point. There are wealthy people who buy crypto currency for various reasons (faith, a new fashion for it, a desire to try a new type of investment, etc.) and hold it. But there are also people who don't have enough money, but they understand crypto currencies, learn to trade and buy promising coins for hold with the understanding that in a year, two, five they will sell them and rise to a completely different level.
Only these two options are reasonable for hold.
All other 'holders' are just a crowd of uneducated and frightened people who don't understand what to do next. And this is not an option at all. Therefore, the rest of the crowd I don't take into account.
That is what I was trying to express. A person must constantly work to obtain all the necessary knowledge in the crypto sphere.