Topic: Do Holders actually bought BTC during the crash? (Read 607 times)

I guess, hodlers these days might be affected by the health crisis, but It's always a wise idea If you could actually accumulate at the current Bitcoin price. Some investors may have been very cautious in looking for the bottom, because the price is literally falling again after it reached $6,700.
However, some people might have a problem in justifying on whether they put their money on investment or save some money to survive the pandemic.

And I don't refer to those people.

I don't think those holders or any holders that are affected by the pandemic right now are that stupid to put all their money into investments or cryptocurrencies for example. Obviously, they have money they saved up for emergencies like this and most of them obviously are not depending on the profit they are getting here, they have jobs.

I was able to get some at
 5800
 4900
 3889

When buying the dip you need to be able to do multiple buys.

Slightly increase your purchase each step of the dip.

say

  500 usd worth at 5800
  750 usd worth at 4900
1000 usd worth at 3900

and a bottom buy number
like

2250 at 2900 -3100 which did not occur last week

this is 4500 usd cash reserve

maybe 1-2 btc held

also have sell numbers up the way up.

10% of your coins at 10k
10% of your coins at 11k
10% of your coins at 12k

It is a basic ratio of cash to coin with some buying and some selling.

If you don't  plan some version like above you never make any profits in good times.

and you never gain coins during bad times.

and you don't have a stable hold position of some of the coins.



Actually not having a variable cash reserve is always stupid. it means you don't belong in the game.
as shit always happens in life.

even shit like this which is big time shit all over, has happened back in 1918-1919 spanish flu was the last true bad pandemic.

I do understand that but we can't just call them stupid because of that. You do realize that we are in a pandemic right now and losing your investment or not, if you really need that money, then it is up to you whether you sell it or not. It is a loss when you sell it but if you really needed it then go for it, you can't just save that if you don't have money to buy food and other essentials for weeks of quarantine.

Ideally you want to cash out some coins to stable coins when the price has peaked during a short time, and then buy back when there is a crisis. Buffet is very good at this, now he is sitting on billions of dollars that can pick whatever oversold assets at a bargain

You actually hoping that the price of Bitcoin will be skyrocketing but somehow many people especially those latecomers will pray that it drops.
Then, the chart will be saying is true and I supposed to believe that many people are buying during the bear season as we all (most probably) learn from the previous 2017 crash after being in the bullish. Many are suffering losses at that time and we don't want to happen again.

most long time holders of btc can afford not to touch their portfolio even with this current crisis. That means, they can afford to buy more when the price is down, because that is actually good opportunity for them to accumulate more btc. they are just waiting for this moment to happen again. but for most small crypto users, either they need to sell or just hold a lil bit. I don't think many of them can afford to buy more.

- Market collapse can be a great opportunity for holders but I'm not too confident that they will buy too much during this period, they only spend a little, not even invest and wait for the next market movements because this collapse does not allow us to see its bottom, the price could go deeper every day, missing the opportunity can create regrets but sticking to a loss is more frightening. Therefore, my prediction is that the holder only observes during the period of collapse and accumulation when the trend of recovery comes gradually, instead of participating directly in the accident.

that only shows that there are still people/hodlers that buy a btc during the crash or not really during the crash but as long as they decided to buy btc they will buy it than they spend the money on something else that isnt really beneficial

. price isnt expceted to boom this year but this year is , because this year is said to have a halving event but halving event price pump expectation seems to be critical due the arrival of covid 19 virus that affects everything includes cryptos

The decision that you made is so risky because you base your decision on the halving. For me there is no always guarantee return and that's what bitcoin makes an risky investment. My decisions are always base on price action so I only buy if there is a trading setup that I know.

I’ve bought another 4BTC between $4,000 & $6,000. I had that money in fiat savings earning pitiful interest per year so with the halving very close & the price expected to boom next year I thought it’s close to guaranteed great profit so I decided to move my last fiat into bitcoin.

The BTCitcoin community is used to this crash as well as the best advantage of opportunities. The chart shows the behavior of Bitcoin that is hopeful we all hope to see a rerun to 10K. Bitcoin is so strong and I had never imagined seeing it collapse like some who panicked.

Me as hodler not buying anything since new year

That report uses a metric called "Hodler Net Position change". The website from which this is taken needs paid access to actually see it in real-time. Yet, it does give
a link to the post where the concept behind these metrics is explained. Each one of those posts is full of information and nice concepts. (God, there is something new to learn all the time with bticoin). Here is the post that detailed Hodler positon change.

The report has highlighted a small little portion at the end where Hodler sell-off happened, quite clearly attributable to the pandemic scare. Yet, it is indeed beautiful that it immediately turns green as hodlers realized that the panic was due to traditional shortcomings of financial and govt institutions. The usual shit-parade (which is now unusually shitty under Trump in the USA), where the only information available to public is via traditional media channels. I am not saying that COVID-19 isn't to be taken seriously. It is definitely serious and we all need to stay indoors. Yet, you can't help but think that the people at the top are willing to utilize such moments for a quick restructuring of wealth distribution as well as public sentiment.

Hodlers being Hodlers, quickly realize this. The stock market sell-offs lead retail investors to jump ship quickly and sink their savings. Happy to see that BTC didn't go that way. I am pretty sure that most of us here who value this system are actually buying whatever small amounts we can.

Nothing wrong in taking profits as long as you are mindful of utilizing those profits to increase your BTC stash too, just like the hodlers do. Just read the description of those metrics.

Not all the holders would buy at the crash but instead they would simply hold their amounts. Mid range traders might buy more coins at a crash as they might know that the coin would soon recover giving them profits.

Not everyone could hold their crypto even if they want to we have some members who are only earning a right amount of money to support their daily life.
But due to the lockdown their savings or investment in crypto would be affected because they need to buy enough food for their family.

No, not all.

Why would we be surprised since we all know that it will not take a long time before Bitcoin will be able to recover? I would be surprised if the price stayed at that price.



I think they are stupid, that's all.

Even a simple holder, someone that doesn't have that much Bitcoin will never be selling it that easily. Why would you do that? You are just making it worse. Instead of selling, you could just hold and wait for a good time to sell. If you can reinvest, you can buy again at that price, the fact that the price is at $6K right now means it will never stay that low.

It is common right?because Hodlers always looking for this kind of opportunity to add more and more amount whenever there is a dumping happenings as the magic word of"Buy Low Sell High".but of course those true Hodlers and not those faker that pretent to be holding but when market starts to fall fown?they are the first one to sell their Holdings lol.

It this time that the majority is on their homes watching the markets. It's very essential that many holders will simply buy during the dips. I myself keep on accumulating a little by little as long as it's not affecting my survival budget.

I've got a tight budget but I don't forget to invest more before it finally make its run.

Missed it by a few days as well, but I was able to get around that $4.2k range, so it's all good.

I don't know if there is another opportunity such as that in the next coming weeks, I think btc will be stable around the $6k-$7k range already.

@MCobian - yes, others say that it is bad to see the market getting red with -50%-60% tops, but for smart investors, this is what they've been waiting for, so obviously, not only HODLers, but even average joe will immediately bought btc in a flash crash.

I am started to think of adding some btc on mu portfolio, but too bad it is now worth $6k above again, if you buy at the lowest bottom during the one night crash, you already gain almost 50% of the profit since then and increasing as price surge back close to $7k. I am regretting of not buying as I can earned decent profit. But its okay there is always a next time. Lesson learned save some fiat on the rainy season just like the last time btc price drop hard. Fundamentals such as pandemic news will now be a factor as market indicator. So if ever there is a virus incoming you already know what will happened.

I tried to catch the bottom but due to me sending money through a bank, I missed it by a few days. Next time there's such a magnificent dip, I'll use a faster method. I'm happy for the little extra BTC I accumulated.

Remember even if you only get 1 bitcent, It still makes you a satoshi millionaire.

A million satoshis for the price of around 60 dollars sounds a lot better than 6000 for a bitcoin. I guess my psychology is a little primitive. Maybe a few years from now, we'll know how much of a bargain this really was.

Edit: Also this bitcoin halving is exciting as we'll finally have low inflation for the first time.

A bad market is a good opportunity for holders to accumulate the amount of bitcoin they have. Because when the market crashes in part
people will panic and sell their bitcoin at cheap prices. Here there will be opportunities to buy bitcoin at cheap prices, so don't miss out
the opportunity to be able to buy bitcoin at cheap prices.

Well, it did affect the price of Bitcoin positively in the past years and people are looking forward to it this upcoming month. We are not expecting a big price increase or a pump but just a good push to start the bullish market that everyone is waiting for a while and for those people that missed the recent 5-digit price.

Let's hope this year's halve will drive the price up

Lots of people have been waiting for Bitcoin to dump and they jumped at the opportunity to bag lots of Bitcoin.

People who have known Bitcoin for long know that the price will rise back, it's mostly newbies who panick sell and would later regret it.

Experienced holders must have seen the price drop in the past March 12-13 as a great opportunity to fill their bags with fantastic discounts. This is very good for increasing profits because the chances of a bounce are very high. It didn't take long, because a few days later the crypto market began to show lots of green candles, crypto enthusiasts cheered.

The right step with a clear target. I salute the people who have the attitude and hold the principle, the key is to remain calm and not easily panic. That is, if we apply the right investment strategy, every risk can be minimized and not easy to panic.

As I said in another thread, I personally did, yes. And sold today just to have some extra cash to weather the comming shitshow. A global recession might be coming at us so we have to be careful.

Absolutely, anybody who believes in bitcoin investment would definitely take advantage of this dump in the price of bitcoin to purchase more in order to double his profits once the crypto market bounces back again. I remember when I took half of my salary and bought bitcoin when it reduced to $5k. I am into profits already at this level but I am waiting till $10K then i can decide to start selling.

If the price don't drop to $4k, they may be buying back but as of now some are still hoping $4k for its buying price. Once they feel its not going down due to the upcoming halving they'd come running back to bid the current price.  A tricky market when fuds are fed to writers who are also expecting profits after a dump.

In my opinion, every dump in price is an opportunity to reap more profits, but in order to reap more profits there must be a capital management plan and also the psychological factor play a big role in this, and the regret feeling about this is normal, and I think that regret in the trading market is largely present, so whether you win or lose you will feel remorse (regret for not taking the full gain after the price rise), so we must be satisfied

Based on the price change that happened in just days after the price dump, I can concur that a lot of investors and other people bought bitcoin and took the opportunity to reinvest. From the data, we can also say that some holders bought some during that time. Well, I am not really surprised by this since I expected it when the price dumped.

Some hodlers probably bought, but hodlers are by definition the people who already hold a substantial amount of coins, so if they buy a dip, it's not with huge amounts. It's also not likely that new people invested at the bottom, since it was very short-lived. So, I think the largest group that bought at the low was speculators.

The only people,who bought Bitcoins during the price crash are the HODLers(some of those HODLers might be crypto whales).
There are no crypto newbies and no institutional investors,that will take the risk and decide to buy Bitcoin in a situation like that.This research kinda answers a rhetorical question,therefore it's useless.
However,I love statistics.This is some great statistical data provided by Glassnode.
I should pay more attention to that service and take a closer look at their on-chain market intelligence studies.

The problem for others always missed the opportunity to buy is that they hardly spot the right time to buy. The moment they wanted the bitcoin's price to go down more before buying, the opposite side happens and it will started to bull run. If there's an opportunity to buy like 20-30% price drops, why not proceed?
 
 But I do believe, a lot of us here who are long term hold bought bitcoin when it was around $5,000. Current price today is $6k above. We are holders, so we can still wait for further price pump even it takes longer.

I think so because if the holders can buy btc on up price they always buy on crashing. In market so many trader are very clever who know what you have to done after market crash. Bitcoin hard crash going to 3000+ and then btc recovering so I don't think going below down 3000$ . Some depends on what type of trader.big traders who hold money in their accounts always looking for market crash.

It is indeed not impossible that it could happen, especially there are some countries that have really legalized bitcoin for their payment system when the COVID-19 virus is epidemic, but still have to be able to maintain the existing equity so that trading management is still very good especially with market movements that are currently uncertain.

Positive news from the reduced number of victims of the COVID-19 virus in China can certainly be one of the good fundamentals for bitcoin and hopefully other countries can learn how to benefit from the payment system with bitcoin.

To the people bought a lot of coins when the market price of the bitcoin is too low it is a huge loss and now they need to hold too much coin because of that but to the people who already bought a lot of coins to the lowest market price of the coin, it is a huge income because from the lowest price of 3.9k dollars it is already stable in 6k dollars and this is a good income too because you can get almost 10 dollars profit by that if you invest. Now it is not too late because still the price of the bitcoin is too low and you can now buy a lot of coins as much as possible because the halving is coming and there is a chance that the price of the bitcoin will be coming back into 10k dollars profit so we don't need to waste some time to make more earnings and grab this opportunity to make a profit.

Technical and fundamental analysis must always be mastered in order to find price limits that can occur when the market is moving, of course this also applies when we trade with bitcoin because all price movements will certainly have restrictions on buying and selling prices.

But in terms of fundamentals of course we also have to think about it because all the price movements are also one of them triggered by fundamentals that occur, for example just like the corona virus which is currently the biggest epidemic worldwide, and will certainly have an impact on bitcoin because most of the biggest owners of bitcoin also just being in China for example like binance, this is very important for us to master.

I think the price of bitcoin will remain stable at $ 5,000-6000 and maybe when prices can't go down further it's not impossible that the pump will come soon with a target of $ 10,000.

People should always check the price charts.

With the price dumps, obviously people would be taking that for granted and obviously, people would be checking first the chart for some indicators using some strategies like a candlestick. Always remember that doesn't mean the price dumps, you will be buying immediately since we never know what might happen, it might just be the start of the dump.

I regret that i did not Buy even more and hesitate when the Big dump happened(though i bought some but not the whole funds that i have that time) and now i really regret my decisions.

from the past i always say i will bought more once the price fell down to 4k level but i fail my desire.
lucky all those who bought mane because they are in profit of 50% or more now.

Almost all of the holders are sure that bitcoin would again hit it's new all time high and they are targeting that level at least to sell. When the prices decreases, they take it as an opportunity to decrease their average cost of a coin. That is also the reason why the price is not going lower than this. For most, the average price is now below 9K and about half of them might have below 7K.

I think the decline is the right time to buy, yes some people do that with the belief that the market will be better in the future. But remember, we cannot buy without research results.

Everyone love to do it, but not everyone has been granted the chance to accumulate as many bitcoin as they want. I have read a news a while ago that most of the Japanese people have bought up bitcoins, I too, have taken advantage of the market but with my fund available, I just bought a little amount. Well, it is evident to the market graph of bitcoin that the support in selling is strong, and many are waiting for the right opportunity to buy and for me, the price in 5k bitcoin is already a go signal for hodlers to buy bitcoins.

Probably thats what a long term hodler do, waiting for an opportunity to accumulate more and taking advantage the crash.

While weak investors are panic selling to cut losses and quit. Thats why its best to have a plan so you dont need to worry incase the price is declining since you have a target price on when to sell and for how long to hold it.

Holders are patient and wise because they know the nature on how the crypto market works.

If you didn't buy during the last crash, you'll regret it and you probably won't be ever seeing it again. Fear just makes us doubt everything even though that thing proves to us that it can recover over and over again. Weak hands shouldn't invest in Bitcoin in the first place anyway. And those who sold because it's an emergency, they should have an emergency funds in the first place when investing to prevent panic selling, it's common sense.

I didn't bought during $4,000 since I was probably asleep so I only got $4,900.

nice then  . i think only few people anticipated the crash and few who of them who have also bought because majority was just on panic mode , they sell coins  . i hate to say this but im one of those who did sell at a verry low price   .  i have no choice because i also need the money that time  .  i need because that was the time our place announce an incoming lockdown where no markets available after some days  but real hodlers that dedicate thier money for the crash were not be botherd by the situation  .  they continue what they started with full confidence that coins can recover and pump still in the future

 I did OP @ 4200

Im also one of the guys who panic buys during a crash because we've seen time in time again that after a major crash just like what happened recently when Bitcoin fluctuated all the way down to $3000 level that's where i've bought, a major rebound also spikes. Just like the famous saying when everyone is selling that's the right time to buy.
Right now, im happy cause i've bought at a really low price and longing my position.

I think they would but it all depends on their current situation.
I mean people in this times first want not BTC, not new TV but toilet paper. Then food, then some common luxuries like alcohol in general.
Only then if they have spare cash they would buy more BTC to HODL because BTC was created for this exact reason to HOLD value in times with big corporations bailouts by taking from everyone with inflation (brrrrrrrrt)

Wise holders are doing it especially if they still have funds to do so but if there funds have been spent already then they have no other options but to wait for the market to increase so they can sell their assets and to profit. It is good to buy once the market will crash as it is the basic of investment, buy low and sell high but our main problem is the timing when to do it not only in buying but also in selling.

Because in time of bull season, we can see that the market are continuing to grow and we are having a difficulty in selling our assets as we are thinking that maybe the price will still goes up. So the best option option for this one especially if you have bought some BTC during the crash is that, you should decide to yourself if what is your selling target price so you don't have to worry whether the price will goes up/down.

I think we don't need to complicate things, I mean we always preach one of the golden rules, BTFD. So these kind of reports just validate what we already know since the beginning, that smart investors know when to enter, that is when everyone is panic selling.

Maybe one factor that really threw us off-balance is the fact how quickly the market falls in matter of hours, and most didn't know how to react but sell. Yeah, they could be running like headless chicken, but they definitely regretting cashing out (specially if it is a loss).

I don't think it's just about holders who buy more when there is a crash because when there are sales on a large scale then on the other hand there are also those who are ready to buy more, whether it's for holding for the long term or maybe only in the near future, because with the price drop at least the next thing that will definitely happen is a recovery and I think there will always be a moment where they take advantage of every event like this to keep making a profit in accordance with their respective abilities.

Panic selling is really not a good idea whenever there is a crash in the market but rather a very good opportunity to buy more bitcoins and wait until the price recovers. But with the current situation where people really do needs cash during the lockdown to buy for their neccessities, only those people who have extra money and have enough savings can do the buying, and those who do not have are left with no choice but to sell even their btc even with the current crash in the market.

This is why you must never panic sell. Unfortunately, I had very little fiat to invest to make any sort of realistic return. Had I the funds I would have watched that graph drop and my eyes would go big and I would decide when to buy. The exact buying part will be just luck but knowing that its the right time to buy is fairly certain. So it is a bit annoying for me not to have any fiat to buy when I knew in my heart it was the right time. I think even if you still buy now you will be making a wise choice. People who sold earlier on are really regretting and that is what happens when you let panic set in and stop thinking logically.

This is very smart and I've been doing it every time.

I found that when the price keeps falling I'm surprised but believe it's just remporary so I keep holding but with every coming day when the price keeps going down I feel more and more pressure to sell. After a couple days I really start thinking about selling because it went lower than I had expected and I know this is the worst time to do it but it's how our minds work.

It's best to get busy with life and step away from charts.

Some friends who were awake during the flash dump, they bought and are already in profit. Bitcoin stayed long enough at the $4k zone for any risk taker to make a quick decision. I know some were waiting for $1k and they were heavily disappointing and will have to FOMO buy.

For the people who actually have enough money and can afford to buy Bitcoins this is like the golden opportunity since there is going to be no good opportunity like this , people who brought the Bitcoins will definitely get paid good in later life .

I do think crash can only recover if the people start buying Bitcoins , it is simple as that , therefore what they are doing is essential and this will inturn cause the prices to rise and this is how it all balances out .

I was actually bummed that I have no money to buy when the prices were in the sub-$5000 ranges. In fact, I have sold all of what I have in the $9000 ranges before it fell down due to an emergency. Also, the recent emergence of the pandemic also urged me to save what I can and just buy what I need, so bitcoin is not an option for that as well. For the long-time holders though, it is pretty obvious that all of them are buying in these pressing times since it's one way of actually making money in the market. They know so well that the market will recover no matter what, hence they are still buying even if things aren't looking pretty on all markets across the board.

The oil and stock markets seem to be in a pretty bad shape, too, so on that department you know that everyone is selling and not really touching the stocks as of late.

There were people on the Wall Observer thread who were buying hard in the $4000 range. There were also people running around like headless chickens who sold at that moment too. The golden rule is always to do the exact opposite of what your emotions want you to do. Hardly anyone can do that but if you can you're forever ahead of 99% of people.

So it looks like there was a big net position change straight after the crash recently, which means people are definitely accumulating.

I'd like to see how exactly Glassdoor acquired this data, seems like it should take into consideration how many people are buying in, rather than the total number.

Because it's quite possible that the whales are simply dumping the market to extract profits, then simply buying back in at a lower rate.

I think not all of the holders are buying btc just because the bitcoin has been crashed or being stack on it but because they are afraid to buy so much because they don't have guaranteed that the bitcoin will eventually arise again just like what happen before. This probably the main idea why the people ate not buying bitcoin even it is cheaper but because they are more scared that something bad might happens.

I think it makes sense if they do because these low prices are not going to be there forever. And it's quite likely that these new investments are pushing the price towards recovery. The question is, how the traders are going to respond, and what is their influence in contrast to people looking for long-term profit when it comes to Bitcoin. I suppose traders make more transactions (naturally), so their impact is way bigger. Even when a couple of people make big buys, many people making small sells can outweigh the importance of the former and push the price down.

A Philosopher "once said" The only Constant is change, so if you don't go with the flow then you will die.

i.e, _   Nokia thought that if they stay to their own Quality and don't make any change to their product, they would still be famous and on Top.

so, the other companies, try to do things differently and continue to move forward.

Furthermore, Holders bought BTC during the Crash because they are willing to wait and believe that Bitcoin's Value will Rise again. Technically.

Some people bought and others were probably still contemplating whether to buy but unfortunately price did not stay down for too long, and i must confess am among those still thinking to buy some to top my holdings, so am a bit in regret for not setting my buy orders and see if it will get filled, even now the price is reasonable to buy.

I hold and anytime the price crash, I do buy more depending on how much I have and how much I am willing to buy. The sad truth is that no matter how much the price crash, the market will recover one day (aside from the shit coin) and this is the reason why it is good to buy. A few weeks ago, the price was touching 4k but today it is 6.6k. If you bought when the price crash, you must be smiling now

Its depend how many coins holder's already have, if they have many already they dont need to buy more  they can focus on holding it and wait for the right moment to sell , those holders who bought bitcoin that time is the person think thier holding is not enough so they need to add more before the upcoming bull run happen.

Every crash is a new opportunity for others so, I would bet a lot of people started buying during the crash hence the fast rebound we're seeing now.

I think this is depending on the kind of the holder, dome of the bitcoin holders may be selling their bitcoin after crash and some of them may be buying bitcoin after the crash, and others will remain stable.

Maybe yes? How could I say that? Maybe because they are seeing the chance to buy and hold so much more bitcoins so that in the later ends they will be able to spend money and spend or earn a lot when the bitcoin comes pump again. That are the assumptions that I am seeing whenever someone are asking if the holders or the people are bought bitcoin when it is crashing.

Smart hodlers bought several coins during the crash ("buy the freaking dip!!" is a way of life to hodlers), the rest either panicked or decided to stay away from the internet because they couldn't handle watching their portfolio bleed out.

I remember reading the WO thread a few weeks ago when we flash crashed to sub 5k, there was this user there (I believe a long time hodler, can't remember the username) who panicked and sold most of his coins...Obviously, he regretted it the next day 'cause the price went back up again...Devastating.

As some people including me said that it was more manipulation than a normal crash. I think whale caused the manipulation and filled their bag. However, that's a good sign that they have some good amount of accumulation. May be 2017 is near.

A holder will certainly know when to buy at the right price like when the bearish market happened yesterday but what the holders are doing I am sure they will buy more because they know how crypto is going forward.
When this crisis does not make it difficult for them to hold more because after feeling satisfied what they have, the profits will double there, especially if the economy recovers from this epidemic.

Hodling or buying at this time isn't really a problem but the real issue and challenge is whether you can afford to hodl now and not be strapped of cash or whether you have money to buy more coin.
Certainly it is a time to buy but so many countries are having economic drop and hardship which makes money very difficult to get now.

Some hodlers are trap on top and it includes me, I have no choice but to hold and keep buying to lessen the cost and I believe its all worth it. Whales are doing this as well, they still believe on bitcoin and it will rise again. If you already see bitcoin on top, its really hard not to buy when the price becomes cheap again, it looks like a super big sale in the market.

True crypto enthusiasts are most likely good holders because they understand very well how the market will works (they are also long term holders). Even though we know that there is no algorithm to predict the market price movement but crypto enthusiast has an initiative on accumulating the market and fill their bags full while it is cheaper in the market.

We have a different assumption of what makes investors the main reason triggered to sell-off their holding Bitcoin. All we know and made the hot issues now are because of a pandemic that turns out the whole world down all the stock markets including the crypto market. I still have a question of my mind why Bitcoin shows an improvement in price even though there is a global economic crisis.

It's obvious! HODLers are mainly long term players while traders are the ones who actually rides the wave. Such kind of drop in price is actually a great opportunity for the HODLers to bring down their average buying price so that they can increase their profitability. Only a fool would miss such opportunity!

Especially when the world is moving towards a financial reset. I am also buying stocks of blue-chip companies slowly as they are unbelievably cheap right at this moment!

Much likely they are in regret right now. Especially the price slowly recovering. If only I have extra fund during its lowest known dump then I buy as much as possible. Holders are no choice if their cash exhausted and were gonna be no choice but to sell, in order to sustain a lot of necessary things in a state of locked down. I myself seeing a needed to withdraw or sell it if this continue in the next few months. Im running out of cash and this is the worst situation where you gonna need to give up a precious holdinh of btc.

According to reports by Arcane Research, Holders are buying based on their metrics, Hodler Net Position Change.



Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.