#BinanceHODLerERA
What is HODL mode?
It's a popular term that means to hold on to your cryptocurrency and not sell it, even when prices go up and down sharply. It's a mindset: instead of trying to trade at the perfect time or panic-selling during a market drop, HODLers keep their coins and wait for the long-term rewards.
What is HODL in Binance?
HODL is a term commonly used by cryptocurrency investors that refuse to sell their cryptocurrency regardless of the price increasing or decreasing. It is more frequently used during a bear market when people refuse to sell their coins despite the price drop.
Is HODL a good investment?
The Trust is a passive investment vehicle that does not seek to generate returns beyond tracking the price of bitcoin. An investment in the VanEck Bitcoin ETF (“HODL,” or the “Trust”) is subject to significant risk and may not be suitable for all investors.
What is the HODL investment strategy?
“HODL” is a misspelling of “hold,” referring to the buy-and-hold strategy among cryptocurrency investors. The “hodling” strategy helps investors avoid realizing loss from the short-term volatility of cryptocurrencies and gain returns from long-term value appreciation.
