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What is “HODL” in the Cryptocurrency World?


xtinepink

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Posted

I am very new to cryptocurrency world. There's really a word/terminology that confused me.

The word "HODL", it is very popular in some chat, token or  coin groups which says hodl.

So now I researched about it and this where it got me.

The very first time the term HODL appeared on the Bitcoin talk forum was in 2013 and came from a member named GameKyuubi under the thread “I AM HODLING”.

*check the picture below:

From the look of the post, he was drunk and wanted to convey the fact that he was holding his BTC despite the serious fall that had just happened.

Since then, this misspelled term became very popular in the Bitcoin and cryptocurrency world. Whenever a person says in a conversation that he/she is hodling or suggests to hodl, it means that they believe their coin will be profitable one day, if not today.

So basically, “HODL” was originally a typo which has now popularly earned the status of a humorous backronym:

 

“HODL” – “Hold on for dear life”

 

You can check some other crypto terminologies here like Fomo,Ath, Bear, Whale, BearWhale, BagHodler, Rekt , To the moon (I often use this one :D), Addy, Fud, Choyna. 

https://coinsutra.com/hodl-popular-cryptocurrency-terms/

Hope this one helps you.

 

 

I-AM-HODLING.png

Posted
19 minutes ago, wilberthh said:

True! I think Kargai shared this as well, and yes it's because of a typo xD 

 

I think it's not really the same since I added some of the terminologies that is being used in crypto. And it was really in me that was curious about this term and researched about it as well. The other one is this "to the moon" which I always use in some group chats. lol:D

Posted

I thought it was HOLD and people might call it in HODL in CRYPTO world, but you made my day to clear what it was called. There are some more words I seen but forgotten, cant understand when I was new. even the ANN thought something, but later came to know it was announcement.

  • 6 months later...
Posted
3 hours ago, zeriko said:

Its cool untill someone uses it IRL, then its just cringey

Oh I know what your saying. I am so used to hodl than hold that sometimes I say hodl that thing lol

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