#HODLTradingStrategy What does HODL mean?
Originally it was a typographical error of the word hold, posted 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, reflecting the idea of holding onto 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.