Hodl bitcoin

Strategic HODL Increase: Crypto hodl HODLing is simple to understand, but it requires a lot of patience, discipline, and conviction. Suppose a buyer isn’t fully convinced about the future of their coins. In that case, it’s challenging to HODL through market downturns—particularly because cryptocurrencies are among the most volatile and speculative asset classes. People who HODL crypto must believe their preferred coins will gain widespread adoption (or at least have a net increase in value) while remaining calm amidst significant price swings.

If you dare to be a HODLer, brace yourself for the unexpected. In this nascent and lightly regulated market, every piece of news can wield the power to reshape the crypto landscape. Vigilance is your shield against the capricious winds of change. VanEck Bitcoin Trust ETF (HODL) The exact origin of HODL is well established, and the context surrounding it offers a good lesson to cryptocurrency traders and those who would like to get started trading crypto.

The word ‘HODLer’ has a simple meaning: it is a person who follows the HODL philosophy. It is a crypto investor who typically has diamond hands — meaning they have high risk tolerance. HODLers often avoid becoming day traders or engaging in other risky activities in the stock or cryptocurrency market. However, sometimes they do dabble in some day trading if they feel like their portfolio allows for it. Crypto Investment Opportunities For 2024: Why Investors Are Betting On BlockDAG SHIB, ETH, SOL, & LTC The supply and demand landscape for Bitcoin continues to change, driven by increasing ETF inflows. On top of this, investors are preferring to hold onto their BTC in anticipation of a larger breakout post-halving in February.

The phrase was first used in a post on a well-known Bitcoin forum called Bitcointalk. A drunk user named GameKyuubi had put up a post on the forum with several typos. He continued by saying that others were labeling him as a “bad trader” since he had not sold his Bitcoin during the price dips. It didn’t discourage him from “HODLing,” though, and despite it being a rant, the post’s main idea still holds to this day. Vintage HODL Dogecoin Crypto neon led Since then, many started using the misspelled hodl to refer to an investment strategy, claiming they believe in the bright future while comparing Bitcoin to gold. However, Bitcoin wasn’t meant to just passively store the value.