Crypto speak: Hodl
We couldn’t believe it when we realized we hadn’t talked about “hodl” yet, and this is one of the main slang words in crypto.
So, hodl is the very first crypto meme in history. It’s the investment strategy of not selling your coins despite price fluctuations. Has your asset dropped in price a lot? Hodl, don’t react, and don’t succumb to FOMO.
Is your asset, on the contrary, starting to grow strongly? A real hodler knows that this coin may cost many times more in the future, and they’re in no hurry to take profits here and now.
In general, we can say that hodl is a true part of crypto philosophy. These are long-term investors who strongly believe in the crypto market, their coins, and the prospects of blockchains and are ready to wait years.
This term appeared when one Bitcoin forum user made a typo in the word “hold.”
