HODL
What Is HODL
HODL is a term popular in the cryptocurrency community that originated from a misspelled word “hold” in a 2013 Bitcoin forum post where someone wrote "I AM HODLING" instead of "I am holding." It has since become a backronym for "Hold On for Dear Life". HODL refers to the strategy of holding onto cryptocurrencies, encouraging buying and keeping cryptocurrencies long-term rather than selling them, especially during times of market turmoil. This approach is based on the belief that, despite short-term ups and downs, cryptocurrencies will increase in value over time. Unlike day trading, HODLing focuses on a long-term horizon and perspective instead of daily fluctuations.