In cryptocurrency, HODL is a popular term that originated from a misspelling of "HOLD" in a 2013 Bitcoin (BTC) forum post. It has since become a widely recognized acronym and meme.
HODL stands for:
H - Hold
O - On
D - For
L - Life
In essence, HODLing means holding onto your cryptocurrencies, such as:
â˘â â Bitcoin (BTC)
â˘â â Ethereum (ETH)
â˘â â Litecoin (LTC)
â˘â â Cardano (ADA)
â˘â â Stellar (XLM)
â˘â â Dogecoin (DOGE)
Historical Return/Profit Examples:
â˘â â Bitcoin (BTC):
- 2010-2020: 9,999,900% return (from $0.06 to $64,804)
- 2017-2018: 1,318% return (from $963 to $13,769)
â˘â â Ethereum (ETH):
- 2015-2020: 171,111% return (from $0.36 to $615)
- 2017-2018: 10,111% return (from $8 to $835)
â˘â â Litecoin (LTC):
- 2011-2020: 10,515% return (from $0.03 to $334)
- 2017-2018: 5,011% return (from $4 to $220)
HODLers believe in the long-term potential of their investments and are willing to weather short-term price fluctuations.
Common HODL strategies:
1.â â Long-term investing in blue-chip cryptos
2.â â Buy-and-hold approach for promising altcoins
3.â â Ignoring short-term market fluctuations
4.â â Resisting impulse selling during market dips
Notable HODLers:
â˘â â Bitcoin maximalists (those who exclusively hold BTC)
â˘â â Ethereum enthusiasts (those who believe in ETH's long-term potential)
â˘â â Altcoin collectors (those who hold diverse portfolios of alternative cryptos)
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