What does 'hold' mean in the context of KuCoin on the Reddit site?

3 answers

• Dec 16, 2021 · 3 years ago
  When people talk about 'hold' in the context of KuCoin on Reddit, they are referring to the act of keeping or holding onto a particular cryptocurrency instead of selling it. It's a long-term investment strategy where investors believe in the potential growth of the coin and choose not to sell it even during short-term price fluctuations. For example, if someone says 'I'm holding onto my Bitcoin on KuCoin,' it means they are not planning to sell their Bitcoin anytime soon.
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• Dec 16, 2021 · 3 years ago
  In the KuCoin Reddit community, 'hold' is often used as a slang term for 'HODL,' which originated from a misspelling of 'hold' in a Bitcoin forum post. It has since become a popular term in the cryptocurrency community, representing the idea of holding onto your coins regardless of market conditions. It's a way of expressing confidence in the long-term potential of a cryptocurrency. So, when someone says 'Just HODL your coins on KuCoin,' they mean to hold onto them and not panic sell during price dips.
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• Dec 16, 2021 · 3 years ago
  In the context of KuCoin on Reddit, 'hold' refers to the strategy of not selling your cryptocurrencies and keeping them in your KuCoin wallet. It's a way of taking a long-term approach to investing in digital assets. By holding onto your coins, you can potentially benefit from future price increases and avoid making impulsive decisions based on short-term market fluctuations. It's important to do thorough research and have a strong conviction in the projects you choose to hold on KuCoin or any other exchange.
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