It has been a brutal month for crypto. Every time we thought we were bouncing back we dipped lower, but now it looks like we might actually be breaking the downward trending market and heading back up.

That is why you do not panic sell.

It's also why you should HODL. To be honest, I expected a full-blown "Crypto Winter" to follow Bitcoin's plummet from $20,000 to $7,000. I still HODLed, except for a bit I've been using to pay down my credit card debt.

Had I not stuck to HODLing, I would have missed the upturn. That in a nutshell, is why you should HODL. We really don't know what'll happen next; HODLing ensures that you'll gain if the crypto market performs better than you expect.