People have different opinions whether the "Buy and Hodl" is really the best strategy.
Some say it is while others say it is not or it depends on the situation.
Some say it is less risky compared to short term trading while others say it more risky especially if the investors mentality is "Buy and Hope".
If you are holding right now, are you holding because you believe in the technology or are you holding because you have no choice and simply hoping the price would go up?
There different kinds of people with different kinds of mentality and points of view on different kinds of situations, I guess
the majority of the people holding right now is the fact that there is no choice but to hold unless they want to lose a lot of
money if they sell it right now.
I personally hold some coins and tokens that I believe in its technology and also holds some coins and tokens too that I have
no choice but to hold it because of the current market situation.
