What is the meaning of shibaru in the context of digital currencies?

3 answers

• Nov 24, 2021 · 3 years ago
  Shibaru is a term used in the digital currency community to refer to the act of holding onto a cryptocurrency for an extended period of time, usually with the expectation of long-term price appreciation. It is similar to the concept of 'HODL' (Hold On for Dear Life) in the cryptocurrency world. Shibaru is often associated with the belief that certain cryptocurrencies have the potential to become more valuable over time, and therefore, investors choose to hold onto them rather than actively trading or selling. This strategy is often employed by those who believe in the long-term potential of a particular cryptocurrency and are willing to weather short-term price fluctuations.
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• Nov 24, 2021 · 3 years ago
  Shibaru, in the context of digital currencies, is a Japanese term that translates to 'to tie' or 'to bind.' It is often used metaphorically to describe the act of holding onto a cryptocurrency tightly, not letting go despite market volatility or short-term price fluctuations. The term originated from the popular meme phrase 'HODL,' which stands for 'Hold On for Dear Life.' Shibaru emphasizes the idea of staying committed to a cryptocurrency investment for the long term, regardless of short-term market trends. It reflects the belief that holding onto a cryptocurrency can lead to potential gains in the future, similar to how a tight knot can secure something valuable.
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• Nov 24, 2021 · 3 years ago
  Shibaru, also known as 'holding' in the context of digital currencies, refers to the strategy of keeping a cryptocurrency in one's wallet without actively trading or selling it. This approach is often adopted by investors who believe in the long-term potential of a particular cryptocurrency and are willing to wait for its value to increase over time. By holding onto a cryptocurrency, investors aim to benefit from potential price appreciation and avoid the risks associated with short-term trading. Shibaru can be seen as a patient and passive investment strategy that requires discipline and a strong belief in the future prospects of a cryptocurrency.
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