Bitcoin Forum

What is HODL?
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”.
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.

https://i.imgur.com/amWNapD.png

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”

Kwatwani, S. (2018, February 2). What is "HODL" in the Cryptocurrency World? + Must Know Cryptocurrency Terms [Web log post].
Retrieved from https://coinsutra.com/hodl-popular-cryptocurrency-terms/

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So let's cut now the history of the term. Well I want to share to you my perspective about the HODL strategy, We were all a newbie once in everything like the cryptocurrency, trading, mining, investing, etc. Most of us chooses the path of being a trader either a full time/part time, day trading/long term holding.

Most of us experienced the markets bears and bulls and as a newbie we're seeking for a right answer and most of the answer we've got from different peoples, articles and videos online is the term "HODL" and they said that it is the best way to do whenever there's a bear market, is it the right thing to do?

At first I believe in that saying because I don't have any knowledge about cryptos but after being having an experience in this forum, trading and investing to ICO's I just realized that it's not always the best way or the best strategy in cryptocurrency industry, in my case whenever there's a bear market I am analyzing the market and there's a time that we need to cut our loses and study different cryptos in the market wherein we can take advantage and earn more rather than waiting for a long time until the market recovers.

Well, the only disadvantages I've seen so far is that if your analyzation  is wrong and you've invested to a wrong coin.

Just like what I've said not all the time HODL is the best, we should consider other strategies as well. This is all according to my own perspective and opinion, I would be glad if you will give yours  :)

Actually Before I comment on HODL or no HODL, I need to say it depends how you purchased the coin and at what price.
Suppose I purchase something at $100, it means I am confident on my research that its price is $100, if now market start trading at 90$ and my research still says it is good at $100, then I will HOLD. If I now come to some new facts that make me believe that it actual price $80. then I will sell at $90 at once.

Interesting never knew its short form of “Hold on for dear life” lol, how are you so sure about the post screenshot though? good information.

Well there's nothing wrong with hodling because we know market will recover. but yes the thought of waiting for the market to recover is nonsense when we can exchange it with a coin that has potential to increase realtime or in a shorter period. Hodling is ideal only if you are a busy person and don't have time to check the market every now and then and you choose to let your coin sit for long.

HODL doesn't originally have a meaning, as said in this post: it's was just a typo. The acronym was just made because the slang term HODL became so famous.

With that said, I still cringe whenever I read the term HODL. Not to mention hearing it on live television. Yikes.

I suppose if you're a good trader, then hodl makes less sense as you can make money if the market's down or up. That being said, it's important to know your own limitations. My trading attempts have gone rather poorly, so hodl it is.

Thank you for sharing this wonderful story. Actually I thought HODL is a mistyped word. Now I know its a crypto meme or slang word. By the way I do HODL a lot of different coins. How I wish somebody creates a coin called "HODL" lols.

If you don't know about the projects you invest in, then HODL's strategy is unwise, especially some high risk altcoin, which is likely to keep you out of everything.

Wow, Well the "Hodl" term using by many holders was originally have a History here in forum and I never knew that and this is interesting, when I was newbie in crypto I have a Question in my mind that why many crypto enthusiast always said the word Hodl I was thought that they didn't notice that wrong spelling but actually they're not wrong and that's the tradition by many holders.

It's good to see I'm not alone with this feeling, I've never heard it on television but seeing sites like etherscan adding "TOP 100 HODLers" just drags down the 'professional' feeling.
'hodl' has become a very forced saying.

Hodling is just another term for long-term investing, and with long-term investing you should be 100% sure that you are making the right choice. If you don't do extensive and intelligent research (reading a few articles and discussions doesn't count), you are not investing, you are gambling, and the odds are really bad, because most altcoins are doomed in the long run, the world doesn't need thousands of coins, most users won't use more than 1-3 coins. Also most of those projects are some sort of a scam where no promises will ever be delivered. So, for newbies the simplest and most effective thing is to hodl Bitcoin, since it's 100% not a scam and it has the smallest chance to fail because it has the best developers in the world.

It will soon become a term listed in all English dictionaries, probably together with FODL. I don't really mind if things don't look that professional when it concerns explorers since they don't represent an official entity providing a paid service. On top of that, I don't think etherscan looks all that bad, but preferences can differ of course. Nowadays everyone that managed to not move his coins for two days tends to call itself a hodler, which is probably a bit more frustrating, especially so with how the mainstream media then reports about hodlers losing confidence, while in reality it only concerns a bunch of noobs.

In my opinion, HODL are for those people who are not yet confident about their trading skills and knowledge. HODL is good if you want to be a safe investor where you can't have any regrets if ever you lose in your trade transaction, but I believe that being able to be a cryptocurrency trader can bring you more profit thats why you have to study and learn more about Cryptotrading strategies and technical analysis.

what you say about explorers - sure, it's fine, I can agree with that.
but it's more the general - Why do it in the first place? Not only etherscan, lets say media.
What is the gain to be using these "trendy" words? does it make people interested, somehow they feel they're part of some   "crypto culture" if the media says "hodl"?
do they think it'll be talked of more on the internet?

I just fail to see why, well, honestly Any serious project at all, would choose to conform to a temporary trend in their  'content'.
Of course, if it's like a clothing trend and it's a clothing company, that's different.
but any serious news channel using 'current trends' makes the value drop in my opinion.

it's like that silly restaurant  meme video where some guy is eating a burger and says "something - like a boss"
the marketing team thinks they're hip and all but it's just pathetic.

a bit of a ramble, I'm not trying to convince you to think otherwise, I just fail to understand how anyone could find anything More interesting just because they're using trendy words.

My point is that once you have invested, you must find out what the coin is before you want to HOLD  ::)

is the hodl means hold? Why the letter l is inthe last of the word? Well its fone but we knowthat this is the one of the reason why we get profit

Bitcoin or any other cryptocurrency is a payment system at its core and we should give first priority to use it as a payment system instead of looking to earn from the speculation activities. Bitcoin is valuable today just because the early adopters decided to use their Bitcoins as a payment system instead of holding their funds. As of now I am trying to spend at least 50% of my funds and hold rest of the 50% funds to balance my activities in the crypto sector.

Everyone needs to master a strategy that is best for him/her. Hodl is good and requires maximum patience to be able to profit with it, otherwise you will be forced to sell at loss at a dip market. So I prefer to trade , sell high, but low and repeat it.

HODL is indeed the best way to invest this coin, because bitcoin is not stale even if it is stored long it will not rot so I think there is no problem with the current price

bitcoin has always been the long term game

the whales will always squeeze the life out of investors in short term but things will always look up in the long term after they are done accumulating bitcoin and filling their pockets with cheap coins of the newbies.

So far, HODLing has proven to be a good investment strategy with bitcoin and most altcoins. Hopefully it will continue to do so. I'm sure it will with some, but obviously not all.

But certainly the word HODL isn't going anywhere. The word was even used on the US senate:

https://www.docryptocurrency.com/hodl-meaning-bitcoin-slang/

I wonder if GameKyuubi ever imagined that!

Yes, holding can be one of the strategy to make profit in the hard time, holding maybe is the easiest way to make profit when you don't have any knowledge about trading, but still when you hold you need to keep on checking the price, some of the coins need long term to enjoy the result, so holding is not a bad strategy

Definitely in trading we need to be much wiser and smarter because this is a very risky investment so we need to have also a present of mind and be always  active and alert on the movements in the market. Actually, hodling is one of considering better strategy of some investors specially when experiencing dump situations. But I'll really agree in your thoughts and ideas that not all the time is we need to hodl and maybe there is another and the best way to do than to waiting and still hodl. Right and better strategies are we needed so we can be much successful in the near future.

Holding is really advisable to those who don't know how to trade well in order for them to secure their money and make profit in the long run. But since a lot of newbies are thinking about easy money, they still trade even at zero knowledge. Holding with great coins will surely more profitable than trading without experience, don't take too much risk know how to hold.

Long-term investment in quality assets is still the only reliable investment strategy. HODL is useful.
The value of Bitcoin is now seriously underestimated and will surely rise in the future!

Already read that root world hodl before and the second time i have read it, i still laugh about it. But anyway, some telegr group advises us to still trade some coins even if it is really in a bear mode. Buy in lowest price but sell in lower price. For example, it is quote disappointmemt that i bought $12 for eos amd it goes down $8. So why don't we buy eos for $8 and sel it for $8.5? Small profits but still gaining.

But for that more potentially coins, i still go for HODLING than taking a risk for trading. Whales are still manipulating the market though, i must say that trading in this red matket is really dangerous and quite risky.

Hodling strategy are really considered as a better action that we can do especially when we are in a long period of downfall. This strategy are always use by a huge of successful investors because it is very worth it to do. However, different persons are usually have a different beliefs, ideas and strategies. We in ourselves must know what is the best for us so in the end of the day we are the only person that will be decide for ourself.

hodl is for those that bought cryptos they are supposed to pretend to have something valuable to others, so the word is used to make them do a certain social meme,

hodl also ends up with many being left with worthless cryptocurrencies, so called hodl till death,

Yes, bitcoin was meant to be a payment system, however, it evolved become a mode of investment for almost all of us that's why the term HODL suddenly pop out and now its part of our history. And I do agree that Holding has its advantages specially for those who doesn't want to trade. But I do believed that this method is best maximize when the price is really low maybe around 2011 and just hold and do nothing up until we made a significant run to almost $20K last year. But today, I don't think that it will give you that amount because the price keeps on fluctuating so for me holding is not the best strategy at this market situation.

Thanks for your information  on HODL i also never knew its real meaning that it meant hold on for dear life but i also know that it means you buy coins when it dips and wait for it to increase so that you can sell at a higher price and earn your profits.

the current market situation will teach everyone this strategy. regardless of their wishes)

Ha-ha, I've seen that post already, it is so hilarious. Yesterday I saw an advertisement on our local internet channel, and they were saying that one on the opportunities available at cryptocurrency is HODL, rofl  ;D ;D

Okay lol, HODL is hold on for dear life. The basic concept is to hold our money and wait for the right time to sell it. Some people do not wait at all and sell as soon as price rises or is falling. Till you are holding, you can invest in undervalued coins like EOS and PRG which are expected to rise soon after their new projects.

Same, the first time I read that word, i though it was a misspelled but when I saw mamy people was using it, it makes my mind get curious of what that does really means. And now thanks for elaborating more about that word. Well its not that far to the meaning that Im thinking before.

The history of the word HODL seems interesting. I also think that sometimes holding can make more loses than profits, for example in the recent bull run I was a holder and didn`t sell my coins and now I regret it every day, now I could buy my coins in 6x loss.

Yes I think so also, I guess they just used HODL to say also like "just wait". At first I didnt really know what the meaning of it but thanks for your info. Ypu can still reqlly earn profit without knowing that word because you know when to buy and sell your token by observing its value in the market.

Good read you got there and nice effort of digging that info way back from 2013.  :D I google it once that HODL actually mean Hold On your Dear Life as if you are literally securing your life in your crypto assets especially in time of crisis and everything has fallen to the ground and yet at the end of the day still holding up. In today's market this term actually we all need right now, keep holding until the price go back up again.

HODLing or Holding doesn' talways works. For example, at the moment I am holding dew good coins which everyone woukd agree but still I'm in loss because of Holding them. If I had not held them, I could buy them now at 3x cheaper price. Holding worked for those who held their coins from before 2017 and it rewarded them generously in 2017 but now I don't think its working anymore.

For me, HODL is not looking at the market anymore for a long time and we just make an alarm in our target price to a price check application in our smartphone.
And hoping the alarm ringing to sell our coins XD

When I first got into Crypto HODL'ing was said to be the correct theory and way of doing things but i've learnt simply hodling means you miss so much opportunity for profit by being over greedy. You could have bought BTC at $4k and hodl'ed all the way today to $6k, missing out on $16k profit.

I now have 2 methods to live by

1. Never get greedy and take a profit when you can
2. Never be afraid to cut your losses if you feel market sentiment is against you. I bought ARDR at $0.80c and sold at $0.60, given the start of the bear trend... now it's what? 18 cents?

hodl is one of the strategies undertaken by a trader, or investor, or anyone who has crypto when the market is bearish.

I think when someone wants to invest in altcoin, he will analyze the market first, so he will not choose the wrong altcoin. unless he does not understand the crypto analytics strategy.

you are right, hodl does not always have a good role, especially for some bounty hunters, hodl will kill him, when he holds for a very long time. but if he gets good altcoin, he will get the profit.

In my opinion I actually think that the hold mentality is damaging for Bitcoin and cryptocurrencies in general. For one, it promotes artificial scarcity, which leads to dump phases when people reach their stop limit, and doesn't help at all with making cryptocurrency mainstream. The hodl mentality is only for people who really don't believe in the true long term potential of cryptocurrency, and are just waiting for a suitable exit point so they can continue on with fiat currency, without ever looking back.

HODL is now an old concept. I think investors now do what they want to do. In case of a state where I have to hold on some coins, I invest in coins like TAU, ICX etc which I know shall be giving great gains in future. TAU is soon going to be listed on binance exchange and will definitely rise.

Hold the right view of you, you will be glad about that, right if you hold

 I still laugh about it. But anyway, some telegr group advises us to still trade some coins even if it is really in a bear mode.The hodl mentality is only for people who really don't believe in the true long term potential of cryptocurrency.

My perspective about HODL its a crypto meme or slang word in the beginning I though HODL is mistype but after few days and months I realized that i'm wrong. HODL-“Hold on for dear life”, its good and requires maximum patience to be able to profit with it, otherwise you will be forced to sell at loss at a dip market.

HODL is a memo that appeared due to a typo in the post on the Bitcointalk.org forum as early as the end of 2013, when the bitcoin price collapsed amid tightening regulation in China.  In the post there was talk about the advantages of long-term investment in bitcoin before intraday trading.  But then the word HODL turned into a common expression describing the owners of bitcoins who are ready to hold on to their crypto currency almost in any market conditions.  Hodgers are not going to part with their crypto currency, even when the price is falling by 25% per day or 50% - per month.  In fact, they buy dips.
 The Chodlers have built their faith in the use of bitcoin as a means of saving up to the level of religion.  Some do this for political reasons (they would prefer the world to use bitcoin as the money, rather than a dollar or another currency), others simply hope to make use of the benefits that bitcoin will bring in the future as a popular form of money.
 In short, the crocheters do not get rid of bitcoin, because they believe in it as in digital gold.  They understand the value of unregulated electronic money in the world, increasingly dependent on the Internet.  The key problem is that it is difficult to detect trailers in the transaction chain.  It is unclear whether someone is a real tractor until he has experienced one or two panic sales.  Co-founder FundStrat Tom Lee tracks the common database of bitcoin users, using a combination of the total number of bitcoins and purses and the average volume of transactions in dollars between these purses.  But again, not all users of bitcoin are long-term investors.
 Of course, there is last year's study of LendEDU, according to which the average bitcoin holders would be willing to sell it for about $ 200,000 for bitcoin.  But again, they can not be equated with trailers.  Perhaps, many of the survey participants sold their bitcoins during one of the sharp price crashes noted in the last month.  As a rule, it is the attitude to sharp price reductions that separates just long-term investors and true trailers.  Every short-term take-off of bitcoin's price draws attention to this asset, and newcomers can also turn into brokers.  Perhaps those who believe in the future potential of bitcoin should not look for data that would help predict intraday price movements of bitcoin, but heed the advice from the 2013 forum and just keep the asset in spite of everything.

HAhahahaaaa! Life is an interesting journey. A post from a from a drunk person means a whole lot now. Thanks for  enlightening us. I only knew how it meant to HODL but did not even know the full meaning.....l ;Dl

Actually i dont care about the misspelling of the word HOLD TO HODL because what’s important is the perspective of individuals who uses that

And for me i am HOLDING because i trust bitcoin and some altcoins and tokens thats sitting in my portfolio,and hated those stupid account that shouting HODL but in reality knows nothing about what he’s shouting for

Obviously, the typo makes the word have a distinct appeal. Anyone seeing or using HODL knows it's the register specific for cryptocurrency. For me, that sounds better than the "Hold" original. I guess the originator's drunkenness and frustration over GF visiting the lesbian clique that night has served as much as the 10,000 btc for pizza guy.


I don't see why that word should repulse you or anyone at that. After all, most English words didn't originate from England. Some were distortions of French and Latin derivations.

Anyway, each to their own design. I think hodling should be embarked on when necessary, and not just for the sake of keeping a crypto which may be seeing the early days of its dump.

This can be a very promising solution, but just the same this decision needs to be able to act, and this is not so easy as it seemed, you need to be able to improvise already in business.

I think it all comes down to the objective of our trading, whether we have the time to actually keep scanning the market at every interval to look out for new spheres of profit or if we want to buy and hold for a time period by which there should be some profits.

I guess this is the most interesting i have ever read on this forum. Very interesting.
Hodling to me depends sorely on the individual. One can switch between coins during bear markets to reduce loss if the individual has enough knowledge in trading. Hodling is the simple and best method for inexperience individuals.

HOLD does not make a profit in the short term, when you have not thoroughly studied the bad coin that holds it, it is a mistake. If you have the knowledge to hold a good coin in the long term then the result later. will be about you.

I think it depends on the coin or token that holds because not all the tokens need to be handled because there is also another token that whenever you touch it will not increase because dead tokens should be sure that your touch token is my possibility which will increase you to sell it in the correct month or day when the market price increases.

Since I started investing in Crypto in January, all I do is watch the charts non-stop. I don't even have a big investment by many people's standards but I treat a $20 trade like it's 20k. I have seen people say that if they had just invested in crypto and then applied the HODL practice, they'd have made more money than with all of their day trading or swing trading. Which is probably true for many people. I invest and HODL on most things but I keep a float of a few hundred bucks worth of ETH purely for playing on the exchanges and seeing if I can grab a few extra points of ETH. I probably would be better off just letting the ETH sit there but where's the fun in that? A part of the appeal of Crypto for me is how volatile the market is compared to the regular stock market.

HODLING or Holding is not always active. If I do not keep them, I can buy them cheaper 3 times. When I first went to Crypto HODL'ing was supposed to be the correct theory and how to do everything but I learned simply that hodling means you miss a lot of opportunities for profit by being greedy. Now I have methods to live. Never be afraid to cut a hole if you feel the market mentality is against you.

I adhere to this strategy. it's safe - but not profitable. I believe that trade is more promising many times, but more risky. So while I'm learning to trade - I Hold

Good to know the real meaning of HODL finally. Until this point I was just assuming it as Holding the coin. I also thought that it should be HOLD misspelled but then I also wondered how come everybody is using the misspelled word. Now I know why. I have been holding bitcoin since a long time, spending some on myself from time to time. It has been an amazing journey yet and I wish it continuous the same for long.

Exactly, am beginning to think that many are just pretenders who always dump bitcoin but come out shouting hodl. I have always wondered why many people support the HODL approach but after all these confidence, you would see many individuals who would end up dumping bitcoin and other potential coins or tokens on the various exchanges.

HODL is life now.

Years ago, owning a home was an achievable method of hodling and storing wealth. It isn't possible now with so many housing markets flooded by speculators, it's comforting to know anyone can hodl without X amount of wealth to join a club.

Housing speculation became the "norm" when offsetting inflation became common knowledge, now everyone can offset that inflation and not worry about central banks destroying their wealth with inflating the money supply.

i think holding is indeed the to best way to make good profit and the market price also increasing day by day.

All that you say is true, but in this case it is necessary to consider the context - in what kind of coin you are investing. This is very important, because the technology of the coin and the prospects of its use depends on whether it can be used in the long term (hodl) or not.

Hodl, or long-term investment, is ideal for earning with bitcoin. Also, as such a coin, you can still consider Ethereum. As for the other coins, absolutely not all of them are promising, so it is better to use a trading strategy for them.

Bitcoin price is unstable and no one knows when it will rise. If you are an investor you have some goal that you want to achieve like in profit. If the price doesnt get the profit you want then you probably need to hold it. It can also avoid you from losing money. Holding is one of best strategy we can use while bitcoin is still recovering.

HODL is the best strategy for me but I am using this strategy only for bitcoin. This is a very promising technology, it has a great future, so it makes sense to keep it for a long time, because it is in the long term it can bring good profits.

Hold simply applied to those who have decided not to sell below their cost price and preferably selling when the price have appreciated a lot but Hold dose not apply to weak hands who sell below their cost price.

Personally I don't have nerves to trade, so HODL tactic is the one that best suits me.

I think that hold is a goodstrategy for the next  years. If you managed to buy cryptocurrencies at a good price, then the strategy is good for you. I think that in the next few years we will not see a significant increase.

I think HODL is something  that us personally and which everyone should give a personal meaning to.  To me I don't really hodl unless I want  to do a long term investment  for months and forget it,  otherwise one can be forced to dump it when you see the price dumping hard.  So hodl what you feel is worth it as not all coins is worth holding.  There is always very huge profit if one holds the right and lucky coin.   

At the moment, a long-term investment is the best thing you can do with your money regarding crypto. Trading with crypto is not the best option now, as the market is very unstable and jumps can not be predicted even by experienced traders. Signals that are given in closed paid groups also do not work as they should. Long - term investment in bitcoin is the key to success.

this is very funny, TYPO can be viral and famous in the crypto world. and I see that 2013 bitcoin prices are down, so the term HODL appears when bearish.

the term HODL has the meaning to save crypto better and not sell when the market is bearish.

We all use this word, but few people have thought about what it means. Thank you, it was interesting to read. Anyway, we are all used to using this term to explain our willingness to hold a coin for a long period. And this is one of the successful strategies.

This market works well if you can buy and almost forget about it til it appears in the MSM and you see the bullrun is on, that's when you know the "normies" interest is triggered again lolol

HODL works well, but you should be very-very patient not to change your strategy when media attacks, etc. come to rip you off. And of course HOLD works only with btc and some other major coins.

HODL is good at moments like this when the market is bearish to avoid losses also hold is for who have invested for long term

Maybe Holding are good for a long term, and keep your currency safety, don't panic if always dump, lets enjoy and see but, you must take an strategic. So you never lose your currency . Hold Never die, i think.

hold is also good for those who are not good at trading, even though the market is good, but trading requires expertise so people like me prefer Hold.
Holds are also always applied to coins that have a deep decline.

Bitcoin is a long-term investment and for this I think hodl makes sense. I think that 5 years is a good time for such investments.

as you know holding sometimes is good to use, it give us the optimistic to hold our bitcoin and cryptocurrency because we optimistic with the price of bitcoin and optimistic the the price will recover soon

The hodl strategy works for long term investments like ADA and LISK but not for day trading coins like dogecoin which has poor long term goals and moves a bit each week

I think the retention of coins for several years (3-5) has a prospect, but not for a year or two)

Well as for my perspective and also based on my currently experience is that i probably take the hodl than to risk off all coins i have. Sometimes we need some second thought, and going for risk is not bad but on the other hand always think and be wise. It's very accurate when you said that we know our own limitations, well said.

Doge is a shitcoin my friend. Dont put your money in it and hope it to moon because that is the biggest retardness meme in the world. Doge was always a shitcoin and will be in future as well. Some monthly pump and dump occurs and then it dies out again to remain stagnant. You have my appraisal if you are managing to make money out of that pump and dump but its not my thing to hodl. ;D

Just 3-5? Dude you need to pull your pants up and get the rubber ready because we are ready to hodl for our entire lives and see the revolution brought by crypto to this economy. This is the time of red and thus not the time to sell but hold. Keep up that spirit and try to infuse it among fellow bitcoiners.

I agree with that, and hoping that as soon as possible we can see a desirable fluctuation of the Bitcoin price which will affect hundreds of campaigns which the distribution of the payment to the workers remain unknown and not progressive as what it was last year, I hope it will be okay soon.

Yes, if now you decide which of the cryptocurrencies is the best one for hodling, it will be Ethereum. Its price can stay very low for long, but in 1-2 years this altcoin will gain a lot.

HODL is a strategy to hold or wait for a big thing in the right time and in my opinion HODL is a good strategy to be treated business that is a bitcoin business like this

HODL is the best passive investment strategy ever, because there is no crypto currency movement as long as the price has not reached the desired level. There are no rules that require a long or short term, because the main benchmark is that prices have entered the target. That is it

What the hell are you talking about? Are you visiting the site from an translator? You really need to put in some information in your posts to construct proper sentences and not just a blabbering of shitposts.

Where is the evidence backing your claim? Agreed that Eth is a long term hold but have you considered the recent changes in POW to POS? It wont affect anything much except that the price will drop again when it becomes official the time of which I have lost track, their developers are horrible. Whether people will take that as a good or bad only time will tell but the general buzz is bad at the moment.

Bitcoin without any doubt is a good hodl.

Of course, there are a large number of strategies for earning and you can choose the one you like. But HODL still the most effective and safe. So I remain faithful to her.

Thank you i didnt know about this its intersting somthing like Google hah ,how life situations could make history ,so now i know why Hodl and not hold ,thank you man.

I think that this is the most ideal investment strategy, especially for those who know little about cryptocurrency and do not want to delve into this topic. Basic knowledge of bitcoin is enough to successfully invest in the long term.

Its strange that you talk about large number of "strategies" to earn because the only one I know is getting a job and working laboriously to get a decent earning and food on table. Hodling bitcoin is a method to make money but its more of an asset and an investment per se. You are not making money just by holding you need to sell to bank that cash. :P

Nothing is ideal. Hodl also has its cons and pros. Its also not for everyone. Specially those with weak hearts prone to heart attacks and those who dont have a basic fundamental idea of what crypto is and why its going to go up in future despite small hardships in the path to moon.

HODLER Definition updated for the market crash

H         O          D        L        E              R
Halfwit Ongoing Dumb Loser  Extremely  Retarded       :-*


 8)

Uhmm interesting, I also found that post when I was looking for information about Satoshi in the Nakamoto institute, I didn't know it was a typo, I just thought it's a meme like many things here, it's interesting how the hodling has been the best attitude that many can do, even if they are not as effective in this bear market.

sometimes conditions that force us can only survive because it is very risky if you trade in conditions like this especially if you do not understand the flow of the market. sometimes we also cannot sell our coins or exchange with other coins to trade if our coins fall too deep.

HODL folks. Prices fluctuating in both directions, up and down, and now they down, but soon they will go up. And we just have to wait few months until it happen. And then we will celebrate and will be rewarded for being brave enough to HODL.   

Depends from the coins. And buying BTC in 2015, and waiting until the 2017 rally was an excellent example, that 2 years may be enough.

I agree, it depends from the coins ... many will no longer exist in a few months / year. The selection of valid projects is essential now

I thinks it depends the market trend of cryptocurrency and how potential your coins being hodl with respect to it's project development. Hodl perspective is a strategy of being patient and waiting for possible good market correction prior making an investment. In this way might be it's a long term of making profit but at least it is a profit not a loss.

If you really want to do HODl then you should have courage to take risks. Like the current crashed of the cryptocurrency market, you should have high confidence for you to not panic and make decision wise.

You are contradicting your own belief that you put in. While people are hodling they do not get influenced by market movements at all. They are hodling means they are not looking to sell at loss but to hodl through it when the market is crashing. Of course the confidence to hodl should be there but I guess majority of the people here who want to see bitcoin as a successful mode of payment are willing to hodl.

About decision making, in holding the two decisions that are needed are when to buy and when to sell. The first one is a no-brainer because you should buy at the dip and the second one needs more planning and preparations based on the trader's personal choice.

I think the current decision is not HODL but buying, because with the current market conditions falling I think it's not a good idea for HODL. if you want to do HODL when the price of Bitcoin goes down instead of the recovery period of market prices, don't be afraid to take risks on current market conditions because confidence is needed if you have to be sure that market prices will rise.

the market timing can dramatically decrease an investor’s return if they miss these days. It is true that if you could pick the 10 worst days and be out of the market for those, that your return would be substantially better than the Index. However, it is very hard, if not impossible to pinpoint those days.

The basic attitude that must be owned by a hodler is that they must have a broad understanding of cryptocurrency and he believes in this technology in the future. Besides patience is the second factor that must be owned by a hodler, it is useless if he has extensive knowledge and trust in the growth of cryptocurrency in the future but he does not have patience, because later when price drops occur they will be nervous and make a stupid decision .

HODL being the acronym of "Hold on for dear life" refers to holding on the coin for the longest run, if you feel that the coin you invested in  might be valuable in the upcoming years you won't trade the same.
A hodler will never worry about the price rise or fall as he believes in the potential of the coin and would hold it for the longest period.

Yes, I know it. But how long do people say "holders"? Many of my friends say hold but when there is a little profit they will sell their assets. So, I think they say "hold" just to influence others, really?

I believe that OP is talking about perspective and not strategy mate ,so why need to advertise your cryptocurrencies here lol
And it made me laugh because its the shitcoins is what your pointing

Well HODL is just a term,but what we need is the capacity on how we do it ,because thres alot of people says HODL but when the value drops a little,they sell all coins right away lol

HODL is not blessing in my life and i think this is not favor with me. Otherwise why when i keep hold for long term and as a result all coin are worthless.
In your perspective HODL is big thing or you got rewarded a lot.

I've seen so many different perspectives on 'hodling'. Some say hold on like the grim death no matter what. Others say when Bitcoin makes profits, withdraw some cash and enjoy. It really just depends on the individual, doesn't it? I enjoyed the 'I am hodling' story.

If we touch on the etymology of the word itself, then I think HODL is an erroneous spelling of the word hold, which means a certain time period necessary for any action. By the way, Russians mainly use the word hold. In any case, this term has already begun to denote a certain philosophy in the cryptocurrency market, when in spite of the situation the coin holders retain their long time in the hope of greater profit in the future.

hold is one moment that sometimes makes someone impatient and panic sell. maximum patience for hold can be used as one of the best ways to keep getting profit.

I did not know about this up until now, I always hear the word HODL from my friends but none of them even knows the origin or even where it came from, and now that I have this information I will be looking out for other answers if it really is legitimate, but I am actually amazed with how HODL was introduce and it came from a drunk guy, just really hilarious and at the same time cool because it has been a trademark ever since.

you explain well about HODL,in crypto market hodl is most popular and easy investment strategy where people hold coins for long time and get profit from its in future

Thank you for sharing this, i really thought about it too many times that who said first or found that.. Because i did search HODL in google and couldn't get the right answer from there. I am using the word HODL in last 1 year and actually i love this word and it is in my life now. I am sure there are many people that who use that word in their lifes. In near future everyone could use this word also in their normal lifes too.

I would suggest you to buy some new pants then because ETFs have become the cliche gag for the crypto market. Dont decide on them to make decisions. Rather allow them to happen first because its becoming ominously expected that no ETF is getting approval till a long time. Its like what people used to think at one time that governments would accept crypto - they wont and same with ETFs. Its going to be one hell of a task to get some unregulated asset into the traditional markets.

Be optimistic but do so with logic.

I think you are absolutely right. HODL is not the best way to save your investment in 2018. The market is changing, and what used to be the best choice is no longer working now. It's quite normal. The market is evaluating. I ran into such a thing in the stock market. Each trading strategy has its own life cycle. Even the simplest strategy needs to be periodically reviewed, slightly modified, etc. A bear market in cryptocurrency will teach many traders and investors the flexibility to manage their investments. Moreover, stablecoins are appearing now and they can serve as a protective asset for many traders and investors.

You mean you can't wait to lose all your money, ... what a brilliant strategy :)

The subject is HODL, and there is only one strategy - BUY-LOW/SELL-HIGH

HODL defy's all common sense in human history.

We know the high of btc was about $21k, and we know the recent low was $400, smart 'traders' buy at $400 and sell at $21k, people who screw around and watch or HODL are losers.

There is a reason its called 'AUTISM' :)

Some say he was drunk, others just say another autist day  ( 4chan )

Trump does that COEVF stuff to, its cool to say HODL when you mean HOLD, but when he said 'hold' what he mean was you hold, while I sell.

Trading has been going on for +10k years of man-kind, and the rule has always been 'cut your losses', only a fool, moron, or village idiot holds his losses,

It goes to show that in time this generation will be market as the point where human intelligence literally dropped off the cliff.

I guess if the Goldman-Sachs crowd can train the Muppets to Hold their losses, shit anything is possible, maybe the Cucks will become Mucks and pay for their enslavement.

there is nothing wrong with the current hodl, and this situation is actually bad for traders. coins are difficult to rise high, and tend to fall deeper. in my point of view, the hodl in this situation is the best decision to wait for the price to recover.

Exactly! In a volatile world of cryptocurrency, price fluctuation comes at an uncertain time. HODL is one of the best strategies to apply, market keeps on moving ups and downs unexpectedly. So, we must learn to strategize and be up-to-date. In a situation where price is not at its best, better buy at low cost, HOLD, and wait patiently until market recovers. Don't panic, stay calm, be positive, and never stop learning and exploring new ideas.

Actually in my opinion there is nothing to worng holding planning now this time. But actually firstly you have explain what price you have to buy Bitcoin,if you can buy Bitcoin more have price then you can to do.i understand holding situation can be depends on your buy system.

Perspective about hold is very clear that as market droping down and prices if btc and altcoins are going to down in such a condition you have to invest and hold the bitcoin because as it go up than gave you a handsome profit.

My perspective towards hodling is that it can be bad for the economic growth of bitcoin. Bitcoin is meant to be used and not to be stored (personal opinion).

Tho, we cannot remove this kind of act since this is already a part of trading strategies and also it is having an impact towards the community.


At some point that guy who posted has his point since short term trading and hodling is the easiest solution but as you have said does nit guarantee them a profit

When engaging into the field of Bitcoin, we need to be prepared, have to set plans and goals. We should know how to deal its volatility, study the market, and experiment for a strategy to use. Strategies of others may or may not work for you, so it's best to find your own and stick with it. HODL is one of the best strategies applied by many as it's proven effective specially during market crash, it helps reduce risks and losses. However, it needs proper timing, so it's always best that you do research, explore, and never stop learning.

At the moment, I adhere to the same investment strategy. Long-term retention is the easiest way to make money with bitcoin. So I keep sticking with it.

As long as the price is not stable and bitcoin continues to fluctuate, I will continue to hold it. Now we can not fully use it as a currency, and therefore HODL - the best option.

Even before buying bitcoin, I studied a variety of investment strategies and realized that HODL is exactly what I need. It is quite promising and requires minimal action from me. Therefore, I prefer to earn on bitcoin in this way.

I really agree with what you say sometimes as investors we must be able to be smart in utilizing every opportunity we will get maybe holding that safe strategy

If you got btc  for free by mining, then HODL is dandy.

If you bought BTC with a credit-card or borrowed money to buy post 2017, and you didn't sell it then your a fool.

I thought this was a misplace lettering that lead to misspelling. Anyway, interesting history about the term hodling. As a person who participates in cryptocurrency related things, we should learn how to be patient and hodl. It is part of the process of earning money here in cryptocurrency. There is nothing wrong with it unless you invested on shit coins. But investing on shit coins can be avoided through thorough researching.

In my own perception, hodl has two things: advantage and disadvantage. The advantage of hodl is what you hold has the right potential of increasing its price. The disadvantage is that if the coin you hold has not increased in its future value, so my conclusion about hodl is that you are taking the risk.

Everything has an advantage and a disadvantage, we all know how to HODL, but what we do not know here is that there are numerous possible outcomes when it's time to HODL or its time to USE it, HODLing is quite a risk because  there will be times where you have to PANIC because of qhat people are saying or because the price is getting too low and you are being uncomfortable with it, and then there will be times wherein the price would continue to go up and up and then goes down quickly and after realizing that you will begin to panic sell that because you think that if you don't sell it the price would continue to go down, be decisive, HODLing has millions of possible outcomes, be wise.

hodl in my opinion when you refrain from selling your coin when the price goes down and then resells when the price soars so that you get the profit you want

sometimes HOLD is a good choice when the cryptocurrency price is dropping and back again to normal price. but it can be the worst decision when the bitcoin or cryptocurrency price is not back to normal and getting down and down.

what I know about HODL is that we can hold the time to get the right time on this bitcoin system and it would be good at this time HODL

Well the term HODL is used when trying not to sell a particular coin bought, either at a bear or bull market run. It's when one decided not to sell a particular or some amounts of coin for a particular time and hodl till some kind of improvement or for a lengthy period of time.

This is an interesting thread, once in which I can find myself as probably many other since I believe that most crypto users active on here are the ones who desperately believe that crypto will have a future because it does! So HODL is what we should all do.

And you are right. There's nothing wrong in it and it's a very good strategy if you have a lot of fiat lying around. If you had a chance to invest in something that can be worth 10 times more one day, would you? I would. You can always put little money into it and forget about it. Bitcoin will never stay at 10k USD or 5k USD. It will go to 100k or down to 100$ in the next 10 years.

That happens because the price of the assets they have is down and does not match the previous price. Because everyone certainly does not want to loss so there is nothing wrong with holding back the assets that we have.

yeah, basically the ones who do the hodl are people who expect the value of a coin they have to rise, but instead the price drops, so there is no other option but to hold it back, and the discussion here is whether it is the right choice? if in my opinion it depends on the courage of each person, because choosing to hold it or not is not an easy choice, there are always bad consequences in it.

You also must understand the difference between holders and hodlers. If the first category of people are those ones, who have the crypto, the second one is the guys who do not sell their alts and BTC for more than 1-2 years whatever happens.

Hold works if you perfectly know what you hodl and where you should sell. But on the other hand, the market is always changing, and you must take this into account. It seems, there's no win-win recipe.

Not where but when you should sell your coins. HODL usually works for a longer period of time because people must hold at least 1 years to see the maximum price of any coin. And holding always works but only for those coins which have great potential to reach the highest price or value.

Hodl is a great thing for newbies. Just choose a few best cryptos, protect them, and that's it. Then cash out if a few years or when the time comes.

HODL strategy is for only investors who have a lot of patience. It is hard to do hodl strategy because it is hard to find good cryptocurrencies that it suits to that strategy. There are many people who are losing their money because of the wrong coins that they hold.

In my opinion, the most important thing is to hold your investment in the crypto market. We all know how the crypto market works. If we do not hold the crypto market. So we will only have harm.

Always hope for every one have hold and keep their asset in wallet, just wait when bitcoin is growing up make all your altcoin asset will be higher price, today have one step for growing up of bitcoin price.

HODL for investors is the safest way to benefit them. No matter how bad the market conditions are at that time, and they will take action to sell when they get the best price.

You need to hold at least when price is down, to sell when price recovers. Huge price drop was expected from anyone with at least some trading experience and common sense.

The thing is bitcoin gained it's "bad" rates because of bunch of gurus trying to make some bucks on their lessons and ebooks and then you had a mainstream news of course. Popular example of mainstream news manipulations is when xrp was at like $3-$4 they were "teaching" people when and how to buy on tv but when it dropped then they were "teaching" how to sell lol and all that was all purposely. You could here and there about price drop incoming but no one wanted to listen, they all believed in 100x gains in a year fairy tales. So market is a little bit more free from those dumb fucks now and mostly that is a reason why we are in current situation.

It is better to hold if you are sure that you have good coins and in future it’s value will rise no matter what how bad the Market may be today . Even if market crashes you can buy more at lower price and thus you can average the price and sell on high and make still profits .

The greatest lesson I've learn in crypto is not to be greedy, in the past I've listen the word hodl because of the hype that the price will be more in future, however not all the time its applicable.  I 've set up a target price of my investment and not to expect for 10000% increment.

Yes I agree with you because if someone buy some coins from any exchange they want to have a good profit on it, right? so they need to buy in low price and sell it when they think that they can have a good profit on it by just selling their coins, so if the price cannot make a good profit for them  is better to hold their coins and wait the right time t sell it.

Hodl for people who have high patience, but many people are patient and use the best moment to get profit. Hodl for beginners, if he takes bitcoin then he will hold it for the long term and will not throw it away even if he has a chance to make a profit. But when he knows a good strategy he will use it wisely even though he has a little fear.

Thanks for this piece of information. I never know the origin of HODL though I have been using it since I came into this forum. It has come to mean what was the intention of the originator though he misspells the word HOLD. There is another eye-opener from this post which is 2013 was also a year that the crypto was sliding down meaning if after 2013 then come 2017, therefore, there will be another bull running year after 2018 for the crypto. So everyone should HODL their coins.

Damn, Some people are good at hodling and some are good at trading. I'm super unlucky at hodling though. It just... ehh :(
But the time has come, so I have to try hodling again!  >:(

Am surprised to see something new something i always come across and i think it is a mistake "HODL" only for me to find out that its a slang well in addition to the topic every good trader should know that during a bearish season the only option left is to hold except you are ready to lose something valuable or you bought  at a very low price then fine you can sell

I am assuming HODL is one of the good perspective in crypto market because it teaches some lesson on being calm and wait for the right time to come so that it will be very profitable for the people invested in crypto coins. Lot of people speak on the term "HODL" which is very effective and useful for the crypo market. I think HODL is one of the key term for investors to look into it.

An interesting abbreviation for coin holders. But the essence remains the same, this is the name of the people who hold the coins until the last, or simply wait for a better moment to sell.

HODL doesn't work every time and should not be the only strategy that an investor should look into. If you really don't have the time or have the appetite to learn about the market, then HODL can work for you. But, if you are a risk-taker and want to learn, I would suggest doing part-time trading with a partial investment. The rest you can hold and see it grow or shrink with time. Also, investing in the right coin is crucial here. If you invest in the wrong coin, HODL will never work. Click the link in my signature, I created videos of my results.

This is the best strategy I know. The most important thing is that it does not require much effort or time from you. Therefore, most ivnestors choose HODL.

Honestly HODL even hardly be called a strategy. Well, what is the strategy if you just keep the money in your wallet and have nothing to do with them? Strategy is the order of action depending on the situation. With strategic manipulation, it is necessary to perform at least some minimal actions. It's just stupid waiting for something to happen.

HODL - this is a great strategy for investing, but it can only be considered as an additional income, as it is a very long-playing investment. You will surely get your profit from bitcoin, but it will not happen soon.

It is very funny to read about how a person made a mistake in describing a topic, and this topic became the most discussed one in the entire forum histor

Hodling forever isn't good idea but cryptocurrencies can bring a lot of profits. Considering the hype i will join to next possible trend.

that's a good story. hopefully it can motivate many people to start holding. many beginner traders who always panic when the market is on them they continue to panic when they see prices going down and selling their coins despite the loss I think it is a wrong action and can make you bankrupt. I think they need to learn a lot from these successful holders not to panic in trading

I know HODL from getting to know our business can hold back and learn patiently about this HODL problem and I think this is a good way in bitcoin because it doesn't harm other parties and we think so

Long-term investment is good for those who do not want to delve into bitcoin technology and a variety of investment strategies. I, for example, adhere to this strategy and it is most convenient for me.

I don't see anything wrong with long-term investing. Moreover, I consider this strategy to be the most profitable, promising and convenient even for a novice investor. You do not need any special knowledge or skills to earn with bitcoin.

Well that's right. Holding is a best way for you not to lose the profit that you are making Bitcoin is known for extensive ups anf downs of the price and people tend to still have their profit as a whole with tthe help of holding. Holding is good but when it was used to much, I think you are making yourself starve, that is not a good thing.

Well, he made a good move lol.

Depends on the market. In this market, I'm unsure about the price. It was a lot easier to suggest HODL back in 2013.
For every Bitcoin I acquire (through the programming services I provide), I usually sell 50%, and HODL 50%

neither perspective nor meaning of HODL has changed
HODL for dear life despite the price, despite any problems
just make sure you know when to sell :) because you cannot just hodl for hold's sake
I swear many HODLers were more than happy to offload coins at 17.000$ last December
investment in bitcoins is good because of the deflationary mechanism inbuilt and that every lost coin makes other coins more valuable
so HODL and know the price you want to sell at, easy as that

Its true that HODL strategy is good for cryptocurrency. Its long term investment and need more time for growing bigger. We can not expect make quick profits in cryptocurrency because its bad for market for long term

Avoid generalizing the term hold to all crypto because that is not a good move. Some of them are good to dump at the first bullish move and moving on because they are not going to do well in future. What you think on a certain crypto has to be on your analysis. What coins to dump and which coins to hodl is a tough thing to decide on but as you again more experience you should be able to do it.

You can make quick profits but the number of times you can make that will only depend on how far the market gets manipulated in your favor and as your luck.

Hodl is a long term investment strategy that is only effective for the coins that have potential in the market. Most of the holders loses their 98% of their investment because of holding a wrong crypto.

like bitcoin these days.

Its wise to HODL only coins and token you are sure will survive for years and mean business in what they do ,with good roadmap and serious team behind the project then nothing can go wrong so do some serious research before you decide to HODL.

It is good to do hodl to the coins that are worth it. If the coin is worthless and you do hodl strategy with it,  100% sure that you will lose your money. We should only hold cryptocurrencies like bitcoin, ethereum and xrp.

This is a really good statement. Today's market opens a very good opportunity for new investors because the dip is too much but we can still see the use of that cryptocurrencies especially bitcoin. But on the other hand, hodlers lose too much money exponentially which is really a pain in the ass. So i do think it is much better to lose a smaller value and invest it in other alt coins instead of hodling it and losing a lot more money.

LoL! Drunkenness is next to brilliance. Imagine what he did for being drunk and accidentally made the word HODL on his post. I guess I should start drinking and might invent a time-machine.

Thinking that nothing can go wrong is the wrong step in investing your money. You have to take into account possible risks associated with any asset as well. Not that it matter for bitcoin though because we all know that its going to go up in future even if some idiots in this forum claim it not to because they suffer from delusions of grandeur.

But this risk assessment must be done for new ICOs that people wish to put their money in. You never know which team is going to divest their funds and run away leaving you hanging. HODL is definitely not for them.

I don't know if HODL is right or wrong, but now I have no choice, what else can I do besides HODL? When the cryptocurrency in the hands suffered a big drop, selling them is meaningless to me. All I can only continue with HODL.
This is the situation for most of us now. We cannot change the weakness of the market, but we should maintain the necessary patience.

Agreed, and further adding to it if one decides to invest in project for long term, one of the most important factor many people don't pay heed to is how well funded the project is. Sure the tech behind any project makes it a strong contender but how that platform is getting fuelled, whether it's a community project or a venture backed project, these factors matters a lot as they keep any project breathing under the worst of bear markets.

Perspective about HOLD. My point is that after you invest, you need to know what the coin is before you want to HOLD it and how the future of coins is what you want to hold  ;D ::)

This helplessness is going to make people do the wrong stuff. I know it feels bad but those who have bought at the wrong time have nothing to do but to hold and gradually grow impatient. Its important to maintain patience here because this is time when the market is testing its traders. Weak hands will be weeded out while strong hands will be winning.

You can also lock up your assets and leave them for a year or so. It will help you manage the panic with holding and also not waste your time checking the price every few days.

That is the key at the bear market.

Its true that hodl is not the best strategy since we only believe on something without any facts and the worst part of all is that the money you invest might lost. HoDL strategy is just like easy money scheme. We simply put our money and wait but the bad part is that its not like real estate that we have a tangible property but only a share of asset and it can be gone easily compared to reals estate.

The first time I've heard of HODL was way back years ago, at first I thought it was just simply an error or a correction from the OP's that have written this in their own threads, but it turns out that it was really HODL and I gagged about it because I was in the forum for almost a year and I did not have any clue about that, I only found out about this when my friend asked if I was HODLing and after that he laughed at me and explained everything, it was a long story and I'd be writing a full 40 paged book If I explained everything here in the forum.

For me holding coins is not bad to do at all
because this is the safest way when the value of coins is in the low state of amount in the market to avoid losing of it.

Hooodl can take us two paths. one to glory and stars and the other to despair and empty pockets. The main problem is whales they need profit they can do anything just for there gains. Tomorrow they may say bch is real bitcoin. If BTC continues falling in 2019 like this it will be disaster for btc and altcoin holders. Atleast now BTC Bulls/bears/exchanges should understand this and must stop manipulating .

To HODL or not to HODL is a matter of faith on the coin that you have. But such faith on the coin's future should not be a blind one. There has to be some fundamental bases upon which your decision to HODL or not is based. And then there is the fact that risk is always present. I used to hear some good advice not to be too loyal to any coin at all because they could perish anytime for myriad of reasons. This is also true. That is why HODL should not be forever. Everyone should have a point of satisfaction. Lest you might lose what you have.

Maybe your opinion is right, investment in bitcoin is different from other investment places such as investment in land or real estate, I am sure both of these investment places will provide large profits for everyone who chooses long term investment. Unlike investing in bitcoin, everyone is still confused about the future of bitcoin, especially the regulatory issues and functions that can be used by the public when accepted by various countries. The number of cryptocurrency so far is very much not only 100 coins, so there are many opportunities for each country when he wants to adopt one of the coins legalized in their country.

True, investment in bitcoin will be very different if we compared it with real estate investment. Hodl in bitcoin should have a target which we want to achieve and holding it for a very long time would not be good since the price can be fall or rise significantly in a relatively short period of time. Once we reached our targets, we should sell it to earn the profit and do another investment. Even though I do believe that bitcoin will last longer but I have no idea about its price in the future. It can soar and it can drop sharply as well.

If you made a profit, which at the time of sale was satisfactory for you, then you are quite a successful trader. On schoolchildren, only schoolchildren in their wet dreams can sell and buy at the bottom; in practice, this almost never happens. The maximum is recorded by the ladder and averages the selling price, the bounty of selling on the huyah is available only to insiders.

hodl turned out to be a hat 😀

The puzzle does not work only towards the heap of services being prepared for institutional and other things, and various fiat exchanges such as hitting them would not start to climb into it, if everything is already the end in winter, what's the point? Is the cue ball short to zero?) Or what, is there a bitman dying lol; That their pig feces is a real cue ball? Satoshi would come right now and show the pigs where to go, but he isn’t

The word HODL still sounds weird to me. I was not aware though about the origin of the word. It is nice to become aware of how this word was started here on this forum. Are there any other similar instances for other terms used in crypto community.

Hodl strategy doesn't always work with every coin. We should only hold good coins that are worth holding like BTC, ETH. Holding shitcoins that are worthless will lead us to heavy losses.

Holding the top few altcoins along with bitcoin is always the good mindset. Putting your money into every new project that jumps up is only going to be a headache and a waste of time and resources because of this current market being non-productive to any ICO. However one could try investing in other sectors which are also being bearish and stay away from crypto for a small period of time. It could be a good knowledge building exercise.

The heavy loss already occurred when they bought the shitcoin.

patience is always a virtue and yes, due to the happenings of the market right now which most of us don't actually like the flow of the prices, that's why most of us also are getting scared and it ends into selling their coins, because they're afraid they will lose more if it keeps on falling. having a thought of waiting the market to recover is not actually a nonsense it matters on you if you're thinking for long term investment actually we all know the risk but the fact that we can earn bigger profit if we still holding these coins and wait till the time when it will rise up again it can doubled our money that we invested.

Its true, different coin should be different strategy because have different fundamental. Hodling strategy only can implemented in good coin with big daily volume transaction and already have working product. Many altcoin in market are pump and dump coin and its not worth to hold for long term.

For me it is not a good move if we hold coin in the market, the reasons are first before you become a successful holder there are some projects to be released with the same purpose, second most of the alts in  the market does not have chance to prove themselves because investors does not want to invest to a coin that the ICO has done already for a long period of time.

I agree. A lot of ideas has been released  with just different names of the altcoin. Those coins are just doing the same and effective marketing is the only way to make their project survive and of course continuous progress.

I couldn't agree more, there are many coins that are just not going to make it; you can tell from the onset and so holding them is not going to end well that is why one ought to invest in the right coins especially the ones with reputable developers and proper working product.

When i first came here everytime i am reading that HOLD word specially when typed in all Caps lock i thought that there’s something meaning inside this,not until I figured out that this is only a typographical error at first before becoming a popular word.

Nothing in this world that everything i perfect so even if your holding you must have learn about the risk of losing in future

When I first saw the word "HODL" when I am just a beginner or newbie from this forum, I thought that you are all guys have wrong typo. I tried to doubt about it when I saw a lot of this word used from different cryptocurrency sites and that's when I tried to search about it. Then I finally found out that HODL is really the word itself. I can even distinguish crypto holders from social medias when they are saying they are hodlers and they hodl. The word really has a great impact to digital currency community.

That is basically the reason why people in this forum has come together and have been talking and sharing ideas. Long term is a good choice for the young investors who are strong willed and are able to hodl for the next 20-30 years at least. Be busy with your normal lives and keep stocking crypto in your pockets as life goes on. The end result will be very fruitful. :D

Effective marketing does not come into the effect of HODL. I dont think thats relevant to this discussion. Properly marketing something does increase the demand and generate the growth but thats for those who are going to exit soon and not hodlers.

Sometimes it seems to me that the whole cryptocurrency is based only on one faith of those who keep it. Inviolable storage is like a kind of rite :) After all, many understand that in such a long time (20-30 years) they will become millionaires. But still going through. Even now, in such a shitty market, there are situations when coins make their investors millionaires. Cryptocurrency potentially provides financial independence to those who believe in it.

As far as I understand that hold is staying patient, wait and don't panic with the current market situation, don't sell if you haven't gotten a profit. That is an understanding that I can give for what you express, because for me, investing requires intelligence and patience and a good understanding of what we invest, so we can avoid the risk of losing and always win even in small amounts.

People just can't wait, as cryptocurrencies were completely speculative. It takes time to grow high with regards to the circulation happening through different forms. This at times gets affected when whales manipulate with large volume of funds. By those instance the price fluctuation will be high. This will be the time where people lose the patience and sell it. This will further cause drop in value. Users who withstand longterm are the profit makers from cryptocurrency.

What do you mean by that? you are supporting it because you have witnessed other investors to get destroyed? I think that's a wrong way to introduce your support to a thing if it is harming others.

However, the origin of the word has nothing to do with its meaning. All holders of the cryptocurrency to some extent, patient and emotionally moderate folks. Holding cryptocurrency and long-term investment is really a very tedious task that requires a lot of attention.

Actually this is just about dissent. holding or trading is a good thing, both are equally profitable. only in trade will require more skills in the analysis strategy. You can't say that holding is a bad thing, because a lot of people make big profits because they have hold bitcoin from a few years ago. but there is the right thing that not all coins are good to hold..

Actually hold is something that is always done by everyone in investing, as far as I know they will still hold if possible will get a profit or at least see that price movements will experience some increase in the future. But if they see a situation that will cause losses and the opportunity to hold will be at risk, then of course they will not survive and will sell. So in principle holding is surviving and seeing the opportunity to make a profit.

There must be many who are aware of the potential of the hodl because as you say the hodl will not always get great benefits but it can apply if we are Bitcoin holders in 2014-2016 maybe we can say the hodl will get big profits and have been proven at 2017 prices with highest achievement in Bitcoin. But for new players entering Crypto in 2017, of course that can't be applied especially if we look at the bear market during 2018 and come back again if we buy coins at the end of 2018 and maybe the word Hodl can be applied again.

I agree with your opinion, not all coins are qualified for long term holding and there are only few of them that will surely you good return after holding it. Many low quality coins will become zero value in the future abd they are probably candidates for delisting from crypto exchanges. Before investing, it is proper to make a research first on a coin you are planning to buy. Hodl is good for any coin that has the potential to go up or rise up beyond what is expected.

Lol. Thanks for this story dude. HODL is already a meme for the all crypto community. And it's very good to know the history of this meme.
So from one little typo was born what is used by thousands of people around the world. I do not want to talk now about the advantages and disadvantages of the holding strategy. This is only choice of everyone in this forum. But the story is cool, thank you.

I like the earnings that bitcoin trading gives, but it's really a very risky business. I once tried to trade, but I'm not very good at it, so I adhere to the strategy of long-term investment. So much easier and more lucrative to make money with cryptocurrencies.

Holding without any good look into the market and it's possibility can end up to be a share waste of time. Holding the wrong coin is what any investor would want to avoid so before you decide to hold make sure you would have to your research

HODL is an investment strategy with the aim of looking for the greatest possible profit. Cryptocurrency trading is interesting, because there are bitcoin and altcoin where when bitcoin falls in price, other coins actually increase. Or vice versa. Therefore the crypto holder must be observant in analyzing price fluctuations in order to obtain maximum profits, both bitcoin and altcoin.

I agree, because holding the wrong coin will be a waste of time, of course we as investors or coin holders must do a riset before holding a coin, because why we also have to take into account the time and losses that we will get if it's too long

One of the mistakes of holders are they holding wrong coins. Holders should know if they holding worth it coin for them to earn profit. I lose 90% of my portfolio due to holding worthless coin and that is reason why I am know careful to the decision that I making.

besides that the Hodl is also used because it does not require special skills such as trading, does not require much time allocation,
you only have to buy at a cheap price and leave it in a few years, and you will get a maximum profit

Only have two option on your hand when you want to hold your bitcoin or altcoin lost or profit, when your asset have good planning at the future and owner want to work hard with their coin maybe will give you profitable with your holding,

Actually, there's nothing wrong with holding because we know market will recover. But yes the thought of waiting for the market to recover is nonsense when we can exchange it with a coin that has potential to increase real time or in a shorter period. Holding is ideal only if you are a busy person and don't have time to check the market every now and then and you choose to let your coin sit for long. Holders should know if they holding worth it coin for them to earn profit.

Dude, if you are holding shitcoins, you have nothing to do. There are shitcoins everywhere trying to take away your money and people who promote them as well trying to cash out and dump on you. Why would you let them do it anyway?

The term hodl came from the context of bitcoin holding during the bearish trends and its applicable in other speculative markets as well. But hodling shitcoins is definitely not what it was meant for in the first place. My advice would be to cash out those coins when they pump the next time and change your holding portfolio to bitcoin maximalism. ;D

Well not a bad idea its inspiring and motivating having such a topic am my own perception about the HODL is keep true and faithful yo what you believe and i believe that no matter how hard the prices drop it will revive

If it really does mean to see prices going back down or up then the profits will be gained but very well if you are too busy with all this then you should let and wait for the next 10 years at a new price.

I saw some twitter posts about that people sell btc at six or eight dollars per 1 btc. For me that is the strongest motivation to HODL my coins.

Hold is the only solution to avoid drastic bankruptcy.
During decline selling bitcoin is not advisable unless you know very well that it will go down to earth.
Lucky to sell bitcoin and buy again when come up to downfall trend.
But hold is the key to maintain bitcoin in the wallet as safe as it is.
I think profit and assets are the common perspectives why hold.

HODL is the way we look for success from bitcoin because this way we can profit and lose but it does not become a benchmark to be careless in looking for profits from bitcoin

HODL is our way of being simple in the world of bitcoin because we are not rich and not arrogant when I use a simple method that is HODL and this method has been embedded in my daily life

Lot of coins even went to zero at the bearish trend but still people holding those coisn with the hope of they can make lot of profits when they bump.There are some altcoins are worth to invest but we have 2000+ altcoins just to make more richer the people who were created those shitcoin not for ourselves so the people need to wakeup and start investing on the bitcoin.

if the coin reaches to zero then that is already considered dead and theres no point of keeping them . but if the coin do not have a value then we should hodl them because they might not be listed yet  . your also right , there are many alts out there but they are only built for pump and dump business without real world usage at all . we must not  support those kind of coins because they are not benificial in the long run .  we'd better go on bitcoins and other well known alts like eth , bch , xrp and so on  ...

I am just holding some of the coins with no value yet for almost a year now,and lost every hope had on those coins even they are released by the good project members so which means when the project team had enough profits they are not going to care much about the investors so the people investing on the ICOs are really just doing gambling with odds of winning very less.

I completely agree with your point of view. Indeed, for a beginner, such a strategy is a good option, but only temporarily. There are also wealthy people who simply invested in crypto currencies with a clear strategy HODL. They planned not to sell their currencies for for example 3 or 5 years.
As for all others, this strategy is not very reasonable. Why just watch if you can make money? After all, only trade will give a real chance to multiply your assets and the opportunity to earn on this (of course, provided that the trader has the necessary knowledge to trade).

Contrary to what is mostly preached in the forum, I've concluded that hodling is not actually the best except you have money you wouldn't care if it went to nothing and you're not looking forwarding to needing the money in the shortest time.

ahahahahah what a funny story
really nice though, it spreaded like oil accross cryptos communities around the globe

Nice point, instead of hodling one can go into trading and make real profit as long as the person knows how to.