BREAKDOWN: 6 Good Reasons for Bitcoin HODLers to Stay Calm
From today’s buy order activity to bitcoin’s historic ability to bounce back after being pronounced dead, a few calming notes in a day of chaos.
ABOUT
The Coronavirus got really extra real today for markets. A two and a half week selloff was tipped to the next level by a major ratcheting up of action from the US government (which still seemed clearly to be not enough to calm markets).
In bitcoin, this meant a drop from around $8000 yesterday to under $6000 today - a head-spinning dump, especially for those who are more recent to crypto.
Still, in this episode, @NLW argues that there are 7 good reasons to keep calm and HODL on:
- It’s not just bitcoin
- Correlation means infiltration
- Peak fear
- Asia on the upswing
- Buy order behavior
- Bitcoin’s been dead before
- And a bonus: this environment is exactly what bitcoin was built for
HOST
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

EPISODES
BITCOIN SEASON 2: Why The 2025 Bitcoin Bull Run Failed Us
Was the 2025 Bitcoin top a failure? We analyze why $126k felt underwhelming, compare BTC returns against Gold and the...
Dec 5, 2025
The Growing Dominance of Crypto KOLs
Exploring the rise of crypto KOLs with Celo Co-Founder Rene Reinsberg and 'Binance Blockchain 100' Award Winner Leon....
Dec 5, 2025
THE MINING POD: ABTC Investor Unlock, IREN’s $3.6B Capital Raise, Greenidge’s Fire and Land Sale
On today’s news roundup, the gang covers the American Bitcoin investor unlock that sunk the ABTC share price this wee...
Dec 5, 2025
The Blockspace Pod: The Conspiracy Was True: Operation Chokepoint 2.0
A new House report confirms the Biden Administration's coordinated, extralegal "Operation Chokepoint 2.0" to debank t...
Dec 3, 2025

The Mining Pod
Feb 10, 2025

CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023

Markets Outlook
Tune in as CoinDesk runs down action in the crypto market and some of the most important recent industry development.
Dec 19, 2023

Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023
