What does HODL mean?
“HODL” is a term that is widely used in the cryptocurrency world. It arose from a typo on a Bitcoin forum in 2013 when someone wrote the word "HODL" instead of "HOLD." The term "HODL" has since become a household word and stands for "Hold On for Dear Life".
"HODL" is a strategy or attitude in which you do not sell your Bitcoin despite market volatility and news, but rather hold it for the long term. The idea behind this is that Bitcoin will prevail as the better money in the long term and you can benefit from the increase in value if you hold onto your Bitcoin and don't sell it impulsively when the price fluctuates.
So, the “HODL” concept emphasizes patience and belief in Bitcoin’s long-term potential.
"HODL" is a strategy or attitude in which you do not sell your Bitcoin despite market volatility and news, but rather hold it for the long term. The idea behind this is that Bitcoin will prevail as the better money in the long term and you can benefit from the increase in value if you hold onto your Bitcoin and don't sell it impulsively when the price fluctuates.
So, the “HODL” concept emphasizes patience and belief in Bitcoin’s long-term potential.