What HODL stands for!
This phrase can often be heard in our chats, but why is it spelled like that, “HODL” instead of “HOLD”? This fateful typo was first made by a Bitcointalk user GameKyuubi in 2013. It caught on so well it became the de-facto motto of all long-term crypto investors.
Today the word is widely used whenever there is a decline on the market to reassure everyone to keep holding without panic. This word is commonly in this particular phrase: “BUY AND HODL”. This investment strategy is one of the simplest out there as it implies steadfast holding regardless of market perturbations. “Hodlers” are those who maintain composure in the face of market-shaking dumps. The more hodlers out there, the better it is for the entire market!