what does hodl mean

1 week ago 8
Nature

HODL is a term that originated as a typo for the word "hold" in an online cryptocurrency forum post from 2013. It has since evolved into a popular crypto slang meaning to hold onto one's cryptocurrency assets, such as Bitcoin, without selling, regardless of market volatility or price drops. It is often interpreted as an acronym for "Hold On for Dear Life," symbolizing a long-term investment strategy of enduring market fluctuations and believing in the future growth of the asset. HODL represents a mindset of patience and perseverance among crypto investors to avoid panic selling during turbulent market conditions.