#HODLTradingStrategy

HODL: The Cryptocurrency Strategy of "Hold on for Dear Life"

When to HODL

Based on these principles, the best time to HODL is now, always, and forever. A true believer would always hold on to their tokens, even if markets crash or become extremely volatile. HODLing becomes an ideological belief about the long-term prospects of blockchain technology, cryptocurrencies, and the communities that have formed around them

The HODL Coin

HODL may also refer to a DeFI token on the Binance Smart Chain (BSC). HODL Coin (HODL/$HODL) was launched in May 2021. Much like the term itself, HODL encourages users to hold onto their tokens for rewards in the Binance coin (BNB) that are distributed every three days. The rewards are generated from taxes collected on transactions made by users, such as sale, purchase, or transfer of HODL tokens. The tax amount is converted into BNB tokens, and a percentage of the gains are redistributed to users from the collective liquidity pool.