#HODLTradingStrategy The HODL strategy is a simple approach to long-term investment in cryptocurrencies, based on the following principles:
Long-term holding: Instead of attempting quick buying and selling to take advantage of price fluctuations, the investor buys the currency and holds it for a period extending to years. Ignoring daily fluctuations: Digital markets experience sharp and noisy movements; therefore, HODL followers focus on long-term goals and do not sell during temporary price drops. Focusing on intrinsic value: There is reliance on trust in the vision of the project or the underlying technology of the currency (such as Bitcoin or Ethereum) and its future stability. Reducing costs: Less trading means lower expenses on fees and commissions, which enhances net returns in the long run. Psychological discipline: Success depends on the ability to resist panic and the urge to follow rumors, and to stick to the plan regardless of price volatility.
In summary, HODL is a call to 'hold without selling' and trust that value will increase over time, despite daily market fluctuations.