Hodler
What is Hodler?
The term Hodler humorously plays on the habits of cryptocurrency enthusiasts who choose to 'buy and hold' rather than sell, no matter how volatile the market becomes. This mindset stems from a strong belief that cryptocurrencies will eventually see wide adoption within the global economy, potentially replacing traditional currencies.
Understanding Hodler
The origin of this amusing misspelling can be traced back to a post on the Bitcointalk forum in 2013, where a user intended to write 'holding' but ended up coining 'HODL' in a message titled 'I AM HODLING.' Fellow users interpreted HODL as an acronym meaning 'Hold On for Dear Life,' conveying a sense of urgency in preserving one’s assets at all costs.
The term was popularized in 2017 by Quartz, which referred to it as a strategy for maintaining investment in Bitcoin despite downturns, while TheStreet.com labeled it the 'go-to slogan' for cryptocurrency holders. This investment approach is discussed in-depth in the article titled 'To HODL or Not to HODL? Expert Insights on Crypto Value Averaging.'bitcoin It's crucial to note that the information on this page should not be viewed as legal, tax, investment, or financial advice of any kind. Always invest only what you can afford to lose and consult a financial advisor if you're uncertain. For further guidance, please check the terms and conditions, as well as the support pages provided by the issuer or advertiser. While MetaversePost strives for accurate and impartial reporting, please keep in mind that market conditions can shift unpredictably.
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In line with the Trust Project guidelines Damir serves as the product manager and editorial leader at Metaverse Post, where he delves into subjects such as AI, machine learning, the metaverse, and the evolving Web3 landscape. His writing reaches an impressive audience of over a million readers each month. Boasting a decade of experience in SEO and digital marketing, Damir has had his insights published in well-known outlets such as Mashable, Wired, Cointelegraph, The New Yorker, and Entrepreneur. As a digital nomad, he travels frequently between the UAE, Turkey, Russia, and the CIS. With a bachelor’s degree in physics under his belt, he believes that his education has equipped him with critical thinking skills essential for navigating the dynamic online world.
