#HODLTradingStrategy What does HODL mean?
HODL is a term derived from the misspelling of "hold" in the context of buying and holding Bitcoin and other cryptocurrencies. Among cryptocurrency investors, it often also means "hold on for dear life."
The term originated from an online post in 2013 on the Bitcointalk forum where the typo appeared. The price of Bitcoin in 2013 was volatile at that time, rising to over 950 $ in early December 2013, from just over 130 $ in April of the same year. The poster urged people not to sell and to be "accumulating" [sic].
Key takeaways
HODL is a cryptocurrency jargon term that means to buy and hold indefinitely.
It involves not selling when markets decline or become volatile.
It is sometimes said to mean "hold on for dear life."
HODL originated from a typo of "holding" as "hodling" in an online post from 2013.
Today, it is a fundamental principle for many believers in Bitcoin and other cryptocurrencies.
