#HODLTradingStrategy
HODL is an investment strategy in cryptocurrencies that consists of holding your assets long-term, regardless of short-term market fluctuations.
What does HODL mean?
It was originally a typographical error of the word hold, published in a Bitcoin forum in 2013 by a frustrated user during a market crash. Over time, it became an acronym for HOLD ON FOR DEAR LIFE, which reflects the idea of holding your cryptos as if your life depended on it.
How does the HODL strategy work?
Buy and hold, investors buy cryptocurrencies like Bitcoin and keep them for years.
Ignore volatility, they do not sell during price drops nor do they attempt daily trading.
Trust in the future, it is based on the belief that the value of cryptocurrencies will increase significantly over time.
Hodlers typically have a patient and resilient mindset, avoiding impulsive decisions during moments of panic or euphoria.