HODLing Bitcoin: The Fundamental Divide Between Values and Blind Following The crowd HODLing Bitcoin reveals a stark contrast shaped by values and cognition. One group enters the space due to aligned values, believing in libertarianism and recognizing mathematical scarcity. They aren't swayed by price movements—dips are seen as prime opportunities to accumulate more. The lower it drops, the more they buy, maintaining a calm mindset and steadfastly adhering to a Bitcoin standard. The other group, however, is 'convinced' by bullish trends, focusing solely on wealth appreciation without any understanding of Bitcoin's underlying value.