Perspective about HODL.

[ArkiCrypto]

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.



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/

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 

[1714928232]

1714928232

[1714928232]

1714928232

[Crypto_Sassy]

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.

[illusioNiZt]

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.

[keycellko]

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.

[mk4]

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.

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.

[ikilledcobain]

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.

[MommyElsa]

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.

[jmvzlfyg]

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.

[cardo]

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.

[BQ]

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.

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.

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.

[hatshepsut93]

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.

[richardsNY]

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.

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.

[isidrorex]

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.

[BQ]

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.

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.

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.

[datnguyen0912]

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

[ejswift]

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.



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/

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 

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

[Dudeperfect]

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.

[tunapa]

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.

[estupido]

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

[Red-Apple]

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.