What Does Hodl Mean

Hold on for dear life. HODL means long-term cryptocurrency storage.

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HODL means Hold On For Dear Life Cryptocurrency Term.

What does hodl mean. So basically HODL was originally a typo which has now popularly earned the status of. It is used to describe the action of keeping a cryptocurrency medium to long term in your wallet in the hopes that the price will significantly increase in the near future. The meaning of HODL is Hold on for dear life.

Hodl is the most iconic meme that exists in Bitcoin today. HODL The act of holding on to a coin for the long term instead of selling it. This could be very dangerous in many cases.

Specifically the term hodl in crypto means to hold Bitcoin BTC or any other cryptocurrency despite the price of the asset falling. The abbreviation HODL is used with the meaning Hold On For Dear Life as a recommendation to an investor in cryptocurrency to maintain their investment even if the value is dropping dramatically. Initially this term originated from the misspelling of the word Hold as holding is a strategy for buying and storing Bitcoin and other cryptocurrencies for an extended period from several months to several years.

Stay strong HODL even when the price drops In early bitcoin forums someone posted a message that spelled the word hold wrong and readers interpreted it as an acronym hold. During the time of HODLing the cryptocurrency is not sold or traded. What does HODL mean in Crypto.

As a HODLER all you need to do is hold on and ignore all market fluctuations. It is a word used to encourage those that are battered from the beatings of a bear market. Whether youre a seasoned vet or new to the game heres a list of the top cryptocurrency terms worth knowing.

HODL is a deliberate misspelling of the word HOLD. What Does HODL Mean In the United States Of America. To put it simply hodl means youre holding your crypto rather than selling it because youre confident you will eventually cash in big when the value of your currency skyrockets.

The Origin of the Cryptocurrency Term HODL and its Meaning The term HODL is a misspelling of hold that comes from a December 2013 BitcoinTalk forum post called I AM HODLING The original post discussed holding Bitcoin despite fluctuations in price specifically despite it going down in. It is both timeless beloved and demands appreciation from all crypto lovers. What does HODL mean.

It turns out HODL actually originated as a drunken misspelling of the word hold. It comes from a drunken post made on a BitcoinTalk Forum thread on December 18th 2013 where a user under the name GameKyuubi misspelled his rather angry outcry expressing his determination to hold onto his bitcoins in a period when the crypto market. Cryptocurrency has now become a fast-growing trend with more people exploring and getting convinced of the idea of a digitized currency that eliminates the need for traditional intermediaries like banks for financial transactions.

Hodl means to hold on and not sell. Hodl actually has taken on a very specific meaning within the crypto community. Hodl is derived from a drunken rant on a Bitcoin forum.

It is a word used to describe the true lovers and supporters of a coin. HODL is one of the most frequently used slang terms in the Bitcoin community. Whats the Backstory of Hodl.

Some people occasionally say incorrectly that HODL is an acronym for Hold on for Dear Life While that acronym is accurate its a bit of revisionist history. Whenever a person says in a conversation that heshe is hodling or suggests to hodl it means that they believe their coin will be profitable one day if not today. HODL meaning essentially means.

It is mainly related to cryptocurrency and finance. HODL is popular on social media you might listen HODLING to HODL or NOT to HODL. Theres a whole lot of crypto lingo out there.

The reason why hodl looks like an unfortunate typo of hold is because it really is a typo. This roughly translates as the HODLER believing their coin to be profitable one day and.

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