The great investing myth (2): Buy and hold

“Buy and hold” only makes sense as part of our broader investment strategy; else, it is just a meaningless slogan.

Besides “buy low, sell high,” “buy and hold” is another term that every investor is familiar with. HODL (a misspelling of hold) is a mantra in crypto terminology. People know the literal meaning of “buy and hold” but may not understand and do what it means as part of an investment strategy.