📌HODL ("Hold On for Dear Life") is a crypto strategy where you buy assets like Bitcoin$BTC and hold them long-term, ignoring price swings. Born in 2013, it bets on future value growth.
📌Pros
Simple, no constant monitoring.
Avoids emotional trading.
High return potential (e.g., Bitcoin’s rise).
Lowers trading fees.
📌Cons:Volatile markets test patience.
Ties up funds.
Regulatory risks.
Requires secure storage.
Ideal for patient, risk-tolerant investors.