What is HODL

The term “HODL” originates from a post made in 2013 on cryptocurrency forum Bitcointalk shortly after a move by the Chinese government caused the price of Bitcoin to fall drastically within a day.

“HODL” is a Bitcoin-related slang that stands for the word “hold” misspelt. It often refers to retaining Bitcoin that you own for an extended period, even throughout a highly volatile market movement.

“HODL” is meant to encourage people to not impulsively sell when a cryptocurrency drops dramatically or rises to become highly profitable to sell.

“HODL” also acts as an acronym for “Hold on for dear life.” You will often see the term in various Bitcoin forums and social media circles.  

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