##TariffHODL
What is Hodl
"HODL" is a term derived from a misspelling of "hold" in the context of
buying and holding Bitcoin and other cryptocurrencies. It is also commonly
come to stand for "hold on for dear life" among crypto investors. The term
originated from a 2013 online post to the Bitcointalk forum where the typo
appeared.
HODL is a buy-and-hold strategy that encourages investors not to sell their
cryptocurrencies during market downturns, believing that prices will
eventually recover.
This strategy is often associated with
the belief that cryptocurrencies, especially Bitcoin, will continue to
appreciate in value over the long term.
The term "HODL" has also been used to describe a DeFI token on the Binance
Smart Chain (BSC) called HODL Coin (HODL/$HODL), which was launched in
May 2021. This token encourages users to hold onto their tokens for
rewards in the Binance coin (BNB) that are distributed every three days.
As of February 8, 2025, the price of HODL Coin (HODL) is $0.0000000022
per HODL with a 24-hour trading volume of $60.58K.
The price has decreased by 2.30% in the last hour and 2.36% in the past 24 hours.
