Bitcoin Forum

Over the years, HODL evolved from just a meme into a mentality that many Bitcoiners live by.

Is this good? Is it bad?

I don't have the answer, let's discuss.

Origin of HODL:

https://preview.redd.it/acpu2khkpwg21.png?width=640&crop=smart&auto=webp&s=2691e456700fcf6a067cd0ab137f9cc6e9911e0a

Edit: here's the actual bitcointalk thread (https://bitcointalk.org/index.php?topic=375643.0) where the meme was born.

Here is a good thread to read The HODL strategy is not actual (https://bitcointalk.org/index.php?topic=3293688.0). That thread was opened April of 2018, I check the current google trend and it looks like this:


I guess we can see the answer on the graph.

The "HODL" itself is neither good or bad. It's just for fun.

If you refer "HODL" to a strategy, for example "Hodl to die" then many people died in the previous down trend market.

At the same people hodl and sold in the peak time also be made huge amount of profit on investing bitcoin. I am not sure about other coins but bitcoin and ethereum will not make you to face failure.
I support this meme. May we can try some funny meme to make people attracted towards it.

I hope that we will need cryptos in real life more than in previous years.
If you do not use them, and almost nobody use them, then what is the point?
I know that Bitcoin seems like a good store of value, but other cryptos needs other use cases than pure speculation.

December 18th 2013, damn those were some dark days - I remember moving between Bitcointalk and btc-e trollbox, so many people were despairing.

I enjoy HODL as a meme, but I wouldn't recommend it to anyone who has bought in near the peak of the hype.

I have met a lot of memes that relate to bitcoin, one of them is HODL, but I believe HODL is a way to stabilize bitcoin from various current economic problems.

If you HEDL your coins since the day HODL meme was posted, you would have made 25x profits just by doing nothing, I mean HODLing.

No trading, no work, no study. You just had to HODL and whatever amount you put that day (18 Dec 2013) on bitcoin, would be 25 times bigger today.

So yes, HODL works.

It is a no brainer strategy for everybody.

Not good, not bad, no major effect for me. It's a term used for within the crypto community and there are even users who don't place too much attention to the terminologies being used.

i disagree. "HODL" is still a meme, nothing more, nothing less. if it was actually affecting people's mentality more than anytime else then price would have never dropped this low!

so nothing has changed. people are still the same and making the same decisions. some are making long term investment in bitcoin because they see the potential and since they don't like speculating and don't like trading they decide to instead "HODL".
if you call that change of mentality and impact of meme then so be it.

Though the term "HODL" is usually been used for those who are patient enough inline with Bitcoin on a long term deal. HODL has negative impact on those who cannot wait patiently but has positive impact on those who stood to wait for a long term even in the bear market.

HODL itself work for me last years back  and am proud to be associated with the term any time any day.

Base from my personal experience it's very good. People blaming HODLing mentality for losing a lot and they don't think that it's very suitable from them. But I have my own experience and I'm going to lean on it, I may have lose some and win some but most of the time it has been more positive to me. I have my bad days with holding and also felt regret with it but definitely will never stop doing it. HODLING isn't also for everyone just like what we are saying about investing.

Have you seen all parts of the game of thrones? you will understand exactly where this word came from to the last sections. What is your name? HODOR what? HODOR -----> Hold The Door,  Hold Door HolDoor HoDORL HODL :D

Hold isn't Holding! lol.

I think I'm not the only one who thinks in Spartans when we talk about hold. Did someone thinks about these images too?

Hodling is a great strategy if you started years ago when the term was really popular. If you got your Bitcoins below 1000 dollars you are in a great shape and will profit from hodling anyway. Should you choose hodling or trading if you bought cheap? I would recommend hodling because you don't risk anything by doing it. You are earning money anyway from altcoins that are given to Bitcoin holders like BCH, SV, BTG and many other and you're not selling for fiat and don't have to pay taxes and worry about the price.

It was more media fun than a real stuff. I don't think that the HODL meme had any real impact on the Bitcoin, because serious people and serious money are not motivated from a single meme. I like it, but my decision are money driven.

Agree with your opinion because issues of HODL are not just meant for fun rather they are made for those who strongly believe the power of HODL even in the bear market. Hodling is more rewarding than trading....my opinion.

It became a plague but also have been helpful for some.
But let us not make it so serious. It is made just for fun.

The bad thing about it is traders also use it for their own good. How? Trolling a chatbox using HODL and some newbies will believe it as their coins becomes dust.
And vice versa for the good thing.

As for bitcoin I dont think they are pushed to hold their btc just for a mere drunkard HODL word.

Is no news to know that hodl was an initial mistake made by a veteran member who wanted to refer to hold ever since its become some sort of slant.
Either ways the message is passed hold your coin

nowadays many scammers use "hodl" in order to scam people hodl their coins after buying.

Just like what i did and that frustrates the hell out of me. My TA was failed and i was like HODLing for so many months now. Just as I thought that it was a good time to buy,  but bitcoin seems to have a huge down trend and  is having a hard time to recover.

For early adopter hodling has giving a good profit, so for me hodling is not a meme, its a long term investment strategy, but sometimes people could think hodl is just an excuse to cheer up themselves when they make the wrong move or the market is not the same with their prediction, holding is not too good for bitcoin growth but its better to hodl rather than panic sell

It can either be a good or a bad choice. It really depends on your strategy. Most people holding their assets for a certain period of years while people hold to make a profit base on their percentage. It also depends on when you hold. If you didn't sell when Bitcoin was at its peak in 2017, then it's a long lost for you. If you hold during 2010-2017, then it's a great profit.

Actually people are holding their bitcoin for the future profits.It's not time to have any fun because those who believe in Bitcoin they consider this time an opportunity to apply the right thing.The crypto market never remains the same think so invest,trade your good compare now this time.

memes are just memes. anybody who is going to be influenced with this meme, you can be sure that they are going to be influenced by at least a dozen other things. for starters they will also fall for the ICO scams and altcoin pump groups scams and lose a lot of money. there won't be any HODLing because they would be buying these shitcoins because they saw some other shinny advertisement on the internet. so you can't just talk about HODL because you saw that meme only.

"Buy and hold" is an ancient approach to investing. I guess the classic "hodl" definition would be value investing, see Warren Buffet's long ass holds on his stocks. His picks are based on understanding the fundamentals. Unfortunately he doesn't understand the fundamentals of Bitcoin, but case in point, if you understand the fundamentals and come to the conclusion that it's undervalued, hold regardless of market noise and long term you will be rich as fuck. Most people fail to do this because they fall victim of the market cycles.

Indeed, memes just a meme. Its a joke with a message. Sometimes its a strong message for bitcoin holder to patient when bear market. But the point on thats meme is every investment need time for grow and profitable and its good message for me

A mistake by a drunk user came a long way becoming a meme lol. Many people decided to "HODL" when prices were hitting 19k$ to 20k$ thinking prices will go up higher but didn't lol on the other hand prices dipped down harder so HODL wasn't a very good idea for many I guess xd

The hodling memes are supposed to be fun and to envive the mentality that no matter what can happen we are hodling on to our Bitcoin. The problem is that things are still based on the market dynamics of reality and so people became dismayed that after hodling on they realized that the value of the Bitcoin on their wallets are dwindling. And so we are at the phase of convincing ourselves that the coming bull run can be happening soon if not this year then at least next year...then the following year and so forth making things more like hoping, wishing and even praying. Anyway, things like this are the ones making Bitcoin and the community quite funny (though it can get hurts sometimes).

Hold in the current time is only for those who are patient when the market is not growing and waiting, in another aspect if you hold a crypto with no future, it will be a big defeat.

Regardless of how and when the term HODL was invented, in my opinion it's a good thing and is recommended.
HODL is not something new, it's a concept that existed in every market for decades and is also inherited by cryptocurrency market. HODL strategy is for investors who are looking to invest for longer duration of time.
Warren Buffet (greatest investor of all time) Quotes on patience (HODL)

I think holding is strategy from some bitcoiners, actually it is natural because of course people will always want a profit. Big profit especially, is aim for a lot of people like traders and investor. That is why holding still be trend for now.

thats their fault because they keep on hodling even if the price is already high  . hodl only means when the prices are in dip but when the price of the coins are pumping and reaching an ath  , then that is the time that we must forget the term hodl for a while .  


Hodling is not only for early adopters because hodl is for everyone .  you can continue to hodl even if the market is in healthy condition  .


Course it its not  . hodling is a term but some might be using this term to create a meme which isnt also bad  . infact it can attract people to learn this term even if they not interested on crypto  .

However holding is much important with the cryptocurrency, the origin of the term happened accidentally but our cryptocurrency community have given it a meaning and made it the most used term among the cryptocurrency users. Bitcoin has been undergoing several disturbances from the market scenario prevailing all around. By this time the term HODL gives a peace in mind targeting the future.

in my opinion now many young people who make memes on social media with the connection with bitcoin in my opinion it lowers the image of bitcoin so far for me it is not so important to make a bitcoin meme and published on social media

HODL has become a trend in our community and in my opinion it is a plague, if everyone follows that strategy. Yes, it might

be considered as a boon, but only if you are invested in this technology for the speculative profits. A person who are invested

in this technology to use it as a currency or to accept it as a currency, would hate it if everyone HODL'ed all their coins.  :P

Well for me its good in the sense that if we have the capacity of Hodling the coins for how long,without specific period of time,then surely it will progress as we know the value of bitcoin started from nothing to a thousand bucks

It is Bad if you are Hodling this to fed you family because the prices fluctuate in just a matter of seconds of minute

i think HODLING is the best thing to do cause bitcoin is a long-term investment. just look at the price from 2013 and 2019 right now it had increase very high. so HODLING is the best thing to do to invest your money into bitcoin.

I think it is a split whether it is good or bad. Some people ended up having a huge profit while other just started investing in cryptocurrency just after the boom of bitcoin that is why theyre not really earning a lot up to this time.

Hold is actually not bad because also people give an opinion to others to keep hold and be patient for an increase and certainly increase because people certainly want it

HODL with patience can be wise if the investor or the traders has a strategy but if there is no effective plan why to HODL Bitcoin longer I doubt it will do any good because during the past price increase when Bitcoin hit $20k many investors kept there bitcoin without selling had many losses and for sure they suffer mentally because they couldn't get the profit they could but there are some panic selling by people who bought after the price drop without HODL which is an action with no strategy so investors should HODL for proper reasons

It is good in my opinion. Who doesn't save money? Another word for  "Hold" is  "Save'.
 If a friend gives you 70,000 Bitcoins, would you spend all at once? Wouldn't you spend some and save the rest?  This is how society use money..  People save for rainy day. You cant force them to spend everything

HODL is not always an actual strategy. This can hardly even be called a strategy. Previously, it worked very well and made a profit, but now it is relevant only for a few coins.

Interesting to see, but how do you know that he was drunk?

This Hodl meme got even resulted to a multi open source wallet called "HODLER". People got hooked to it and even decided to Hodl in longer term or period of time. Hodling is still good to practice since price is still low compared to it's reached peak. Hopefully we can expect the price to recover and got even higher soon.

It's good or bad Can not take full sense but in my opinion Holding can get many profits afterwards.One thing we can notice If we buy any currency with a higher price,and We should wait for this until we get a good profit.so keep check your calculation your currency buy and how need profit.

Yes, no matter how long the time will come, the hold will give you a big reward. Maybe it is hard to do, but if you are okay to see the price is not good to sell, then you don't have to feel sad, and you will only think that this is the best time for you to buy more and more asset so when the price increase later, you can make a lot of profit. Don't listen to other people opinion because they are not always right and you will need to stay calm to see that.

you (like many others) are missing the very important first step that comes before "HODL" and that is choosing a wise investment that actually has a long term potential. bitcoin has that but unfortunately people think because bitcoin has that kind of big long term potential, so should altcoins. but the fact is majority of altcoins are an illusion that aren't even going to last in the short term let alone long term. as we have seen in the past 10 years as they come and go very often.

Bro, if you're a true hodler it's not over yet. This is only the beginning.

I'm slowly working my way towards becoming one, i personally enjoy that style of investment a lot more so i can focus on other things while the passive income comes. That is precisely what a lot of successful people like Warren Buffet recommends in fact.

Holding is extremely good for Bitcoin because at the end you end up helping sustain the technology that will shape the future.

Absolutely you are right,I don't get any fell for another person opinion.Because I'm in here the crypto market before 4-5 years completely.so I know that what time better for me and what time bad for me.in fact totally I agree now hold better for me because I don't want any lossing my money.so I know one day will back the crypto market.