#HODLTradingStrategy HODL: The Cryptocurrency Strategy of "Hold on for Dear Life" Explained
By The Investopedia Team Updated May 18, 2024
Reviewed by Julius Mansa
Fact checked by Timothy Li
Part of the Series
What Investors Need to Know About Altcoins
What Does HODL Mean?
HODL is a term derived from a misspelling of "hold" in the context of buying and holding Bitcoin and other cryptocurrencies. It's also commonly come to stand for "hold on for dear life" among crypto investors.