windapp
Contributor
Holding your breath with your airway open is only dangerous if you are so panicked you can't remember to exhale. Holding your breath with your glottis closed can kill you from four feet of water. This is why novice divers are taught a simple mantra, "Never hold your breath." If you don't have enough presence of mind to keep your glottis open AND allow expanding gas to escape if you ascend, you are in tremendous danger.
You can't not exhale with an open airway on ascent. Physics won't allow out. The problem with panic is that we naturally close our airway in that situation.