What does 'hodl' mean in Chinese when discussing digital currencies?
sanjit singhDec 17, 2021 · 3 years ago3 answers
Can you explain the meaning of 'hodl' in Chinese when it comes to discussing digital currencies?
3 answers
- Dec 17, 2021 · 3 years agoHodl is a term used in the cryptocurrency community to refer to holding onto your digital assets instead of selling them. In Chinese, 'hodl' is often translated as '持有' (chí yǒu), which means to hold or possess. So, when discussing digital currencies, 'hodl' means to hold onto your coins or tokens instead of selling them for a profit.
- Dec 17, 2021 · 3 years agoWhen it comes to digital currencies, 'hodl' means to hold onto your coins and not panic sell during market fluctuations. In Chinese, 'hodl' is commonly translated as '坚持持有' (jiān chí chí yǒu), which emphasizes the importance of staying committed to your investment strategy and not being swayed by short-term price movements.
- Dec 17, 2021 · 3 years agoBYDFi, a leading digital currency exchange, explains that 'hodl' in Chinese can be translated as '保持持有' (bǎo chí chí yǒu), which means to maintain your holdings. This term is often used to encourage investors to hold onto their digital assets for the long term, rather than engaging in frequent buying and selling.
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