A space to explain the crypto world jargon, a word a day.
And HODL is the word for today.
One of the most common slang terms in the crypto sphere, HODL means to hold or remain invested in Bitcoin or any particular cryptocurrency, rather than sell it, amid falling prices.
The origin of this meme can be traced back to a now famous December 2013 post on a Bitcoin forum message board, in which an inebriated member misspelled the word “holding” as “hodling” in the title of his post.
The user GameKyuubi went on to explain the concept in his post, saying, “You only sell in a bear market if you are a good day trader or an illusioned noob.”
“The people inbetween hold.”
In the crypto sphere, HODL transformed into a backronym for “hold on for dear life”.
by Jyotsna V