Still HODLING & planning to for many years. Only an idiot would sell significant amounts of bitcoin at these prices. Do the sensible thing people, buy & HODL, keep accumulating to prepare for 'hopefully' much, much higher prices in the future. Have patience & it should pay off, these bad times will all be worth it one day. Stay strong & HODL.
Not everyone has the patience nor see its future.
I mean we all see it differently so its not fair to say its not sensible for them and its dependent on their financial situation if they need the cash.
I think most people sell just cause they dont want to deal with the volatility.