#HODLTradingStrategy HODL is a cryptocurrency investment strategy that involves holding your assets long-term, regardless of short-term market fluctuations.
What does HODL mean?
Originally, it was 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, 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 significantly increase over time.
Hodlers tend to have a patient and resilient mindset, avoiding impulsive decisions during moments of panic or euphoria.