HODL: Diamond Hands vs. Paper Hands
Remember that crazy uncle who bought Bitcoin years ago and just keeps holding? He's a HODLer (not a typo, that's the crypto term).
What's the HODL deal?
It's a long-term investment strategy, basically "buy and hold forever" for crypto. The idea is to ride out the wild price swings (crypto is known for its ups and downs) and believe in the future value.
Is HODL right for you?
Depends! It takes patience and a strong stomach for volatility. If you're nervous Nelly, this might not be your game. But if you believe in crypto's long game, HODLing could be a strategy.
The opposite of a HODLer?
Someone with paper hands - they sell easily when things get shaky.
So, diamond hands or paper hands? You decide!
