The term "HODL" in the world of cryptocurrencies simply means holding digital assets long-term and not selling them regardless of market fluctuations.

This term originated from a misspelling of the word "hold" in an online post in 2013, but it has turned into a popular investment strategy that reflects a strong belief in the future of cryptocurrencies and blockchain technology.

"HODL" on Binance:

✅Holding: Not selling cryptocurrencies even if their prices drop significantly (during bear markets).

✅Belief in long-term growth: The belief that the value of these assets will rise in the long run, surpassing short-term fluctuations.

✅A strategy for patient investors: Suitable for those who do not prefer day trading or frequent trading and focus on building wealth over the long term.

Binance platform, through products like "Binance Earn" (such as Simple Earn or Locked Savings), encourages the concept of "HODL" by offering ways to earn passive returns (interest) on the cryptocurrencies held by users, motivating them to continue holding their assets😌😌.