What is HODL?
HODL (Hold On for Dear Life), started as an enthusiastic misspelling on the internet is not just an investment strategy in the crypto space. Wikipedia says, “Hodl (/ˈhɒdəl/ HOD-əl; often written HODL) is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it.” For practitioners of this strategy or ‘HODLers’, as they are known popularly, it has transcended to a lifestyle of accumulating crypto over a long period. For them, securing their crypto-investments in the best way possible has become imperative. The usual behavior here is — never touch your private keys but just accumulate the holdings over time.
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