HODL is a popular term in the world of cryptocurrencies that refers to **holding your digital assets long-term regardless of market volatility.
Origin:
The term originated in 2013 in a Bitcoin forum (Bitcointalk) when a drunken user wrote "I AM HODLING" (instead of "holding") during a moment of Bitcoin price drop. Since then, it became a meme and an investment strategy.
Meaning:
- Not selling despite sharp drops or rises.
- Believing in the long-term future of a cryptocurrency.
- Avoiding active trading and emotional reactions.
Variants:
- "HODLer": Person who applies this strategy.
- "HODL strong": Staying firm during crises.
HODL is especially used in Bitcoin, but applies to other cryptocurrencies. It represents a philosophy of patience and conviction in the volatile market of crypto assets.