What is the meaning of 'hodl' in the crypto community?

1 answers

• May 01, 2022 · 3 years ago
  As an expert in the crypto industry, I can tell you that 'hodl' is a term that has gained significant traction in the crypto community. It stands for 'hold on for dear life' and represents the idea of holding onto your cryptocurrencies despite market volatility. The term originated from a forum post during a Bitcoin price crash, where a user misspelled 'hold' as 'hodl'. Since then, it has become a popular meme and a symbol of resilience in the face of market fluctuations. Many investors believe in the long-term potential of cryptocurrencies and choose to hodl their assets instead of engaging in short-term trading.
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