"Hodling" in cryptocurrency trading refers to the act of holding onto a cryptocurrency investment for an extended period, regardless of market volatility or price fluctuations. The term originated from a misspelled word "hold" in a 2013 Bitcoin forum post where a user declared, "I AM HODLING" instead of "I am holding." It has since become a popular meme and a strategy in the crypto community.
Hodlers believe in the long-term potential of their chosen cryptocurrencies and resist the urge to sell during market downturns or when prices spike. The strategy is often driven by the belief that the asset's value will significantly increase over time due to adoption, technological advancements, or market growth.
This approach contrasts with active trading strategies, where traders frequently buy and sell assets to profit from short-term price movements. "HODL" has also become a rallying cry among cryptocurrency enthusiasts, symbolizing resilience and faith in the crypto market.
Are u a Hodler?