What is the definition of hodl in the urban dictionary?

3 answers

• Benson GallegosAug 08, 2021 · 5 years ago
  Hodl is a term that originated from a misspelling of the word 'hold' in a Bitcoin forum post back in 2013. It has since become a popular slang term in the cryptocurrency community. Hodl refers to the act of holding onto your cryptocurrency assets instead of selling them, regardless of market fluctuations. It is often used to encourage long-term investment strategies and to discourage panic selling during price dips. So, when someone says 'hodl', they mean to hold onto their cryptocurrencies and not sell them.
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• Currie RosalesAug 10, 2020 · 6 years ago
  Hodl is a slang term used in the cryptocurrency world to describe the act of holding onto your digital assets for an extended period of time. The term gained popularity during a time of high market volatility, where many investors were tempted to sell their assets due to price fluctuations. Instead of giving in to the fear and panic, hodlers believe in the long-term potential of cryptocurrencies and choose to hold onto their investments, hoping for future growth. It's a strategy that requires patience and a strong belief in the technology behind cryptocurrencies.
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• BsharaAug 26, 2024 · 2 years ago
  Hodl, which stands for 'hold on for dear life', is a term commonly used in the cryptocurrency community. It emphasizes the importance of not selling your digital assets, even during turbulent market conditions. Hodling is often associated with the belief that cryptocurrencies have the potential for significant long-term growth, and that short-term price fluctuations should not deter investors. By hodling, investors aim to maximize their potential gains and avoid making impulsive decisions based on short-term market movements. It's a strategy that requires discipline and a long-term perspective.
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