The sell-off in March presented plentiful opportunities for long-term investors to accumulate Bitcoin and other major cryptocurrencies at discounted prices. Long-term investors often express their belief and confidence that Bitcoin can revolutionize the financial system in the future. Thus, the potential to generate significant returns over the long-term.
Long-term holders are believers in its technology and are immune to price volatility. As such, investors could continue to accumulate undervalued Bitcoins because it is still viewed as a hedge against the current global macro environment.