What does hodling mean in the context of cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  Hodling is a term used in the cryptocurrency community to describe the act of holding onto your digital assets instead of selling them. It originated from a misspelling of the word 'holding' in a Bitcoin forum post. Hodling is often associated with a long-term investment strategy, where investors believe in the future potential of a particular cryptocurrency and choose to hold onto it despite short-term price fluctuations. It's a way to show confidence in the technology and the belief that the value will increase over time.
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• Nov 23, 2021 · 3 years ago
  Hodling is like holding onto your favorite pair of sneakers. You don't want to sell them because you believe they will become more valuable in the future. In the context of cryptocurrencies, hodling means holding onto your digital assets and not selling them, even when the market is volatile. It's a strategy that requires patience and a long-term perspective. By hodling, you're betting on the future success of the cryptocurrency you're holding and hoping for its value to increase over time.
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• Nov 23, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, explains that hodling is a term derived from the phrase 'hold on for dear life.' It means holding onto your cryptocurrencies and not selling them, regardless of market conditions. Hodling is often associated with a belief in the long-term potential of a particular cryptocurrency. It's a strategy that requires discipline and the ability to ignore short-term price fluctuations. By hodling, investors aim to benefit from the future growth and adoption of cryptocurrencies.
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