#HODLTradingStrategy The HODL strategy in cryptocurrencies is simply: buy the digital currency and hold it long-term, regardless of short-term market fluctuations.
The origin of the word is a misspelling of the word "Hold" in a cryptocurrency forum in 2013, but it has turned into a slogan that expresses the idea "Hold On for Dear Life".
The main idea:
✅Long-term confidence: you believe that the value of the digital asset will increase significantly over the long term, overcoming all temporary drops or spikes.
✅Avoid panic selling: do not sell your cryptocurrencies even if their price drops significantly, and also do not sell them during small spikes.
* Simplicity of the strategy: it does not require constant market monitoring or complex analyses, making it suitable for beginners.
In general, HODL is a strategy of patience and discipline in the volatile world of cryptocurrencies.