Correct, and may God reward you well, my brother.

✍Hold in trading is a term used to refer to a strategy of holding a financial asset (such as cryptocurrencies or stocks) for a long period without selling it, hoping that its price will rise in the future and generate significant profits.

Further clarification:

Literal meaning: "Hold" means "to keep".

In cryptocurrencies: It is sometimes used with a humorous misspelling "HODL", which originated from a typo of the word "hold" and became a common term among traders.

When is hold used?

- When an investor has long-term confidence that the value of the asset will increase over time.
- It is often used during bear markets, where some prefer to wait rather than sell at a loss.

Practical example:

Suppose you bought Bitcoin for $20,000, and now its price has dropped to $18,000. Instead of selling at a loss, you decide to "hold" and wait until the price returns to $25,000, for example, to achieve a profit.

Advantages of hold:

- You do not need to monitor the market daily.
- Useful for people who believe in the long-term growth of the asset.

Disadvantages of hold:

- You may miss profitable short-term trading opportunities.
- It can take a long time to achieve profits.
- The asset's value may drop further and not return to its previous level.