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Author Topic: (Hold vs. HODL) Are you able to take an honest look at the idea saying HODL...  (Read 123 times)
Chrysostomus (OP)
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August 01, 2024, 03:09:51 PM
 #1

(Hold vs. HODL) Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool?

Hello, welcome to an interesting (possibly important) discussion. I know from talking (offline) to real people BTC and Crypto does not have a positive, solid reputation among mainstream, everyday humans. This communities history of major thefts, scandals, and "huge hacks" has done lasting damage to your reputation.

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.
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August 01, 2024, 03:23:57 PM
 #2

There is no point in teaching anyone anything first. I will like to drag you down to history, when the word “HODL” was first used . I’m a HODLING

The guy made use of the misspelt word “HOLD” and gave it another name "Hodl" to describe what kind of bitcoin holder he is, not a day trader. This has been true since 2013, and up until date, the Bitcoin community has accepted making use of the word “HODL, HODLER, HODLING.” Instead of holding and holding, you are not forbidden from making use of the correct-spelled word, nor should you force people to stop using their preference. 

R


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August 01, 2024, 03:24:17 PM
 #3

Hodl! simply means buying and keeping your bitcoin for a very long period of time for it to appreciate in value because that is the only way in which you can make good profit from your bitcoin based on the size of your portfolio.

Instead of using the word holding, in crypto the letter l comes after alphabet d.

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Amphenomenon
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August 01, 2024, 03:28:35 PM
 #4

There is something called tradition anyone in the crypto space or at least understand terms in it, doesn't see it as one being silly (stupid) or mindless sheep. Before you can actually HODL any coin/token you must already have trust on it which is usually from doing your own research while if ironically the coin/token failed to meet up to expectations or is a scam, sorry it was your fault for investing on your money on altcoins while you could just avoid all these drama and invest in bitcon which is currently the best store of value now.

Every other things or space has their own terminologies that defers from the basic English you consider and also the term HODL  is found in the dictionary.

R


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August 01, 2024, 03:46:23 PM
 #5

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.

Every profession or sector has its slags or jargon that makes it unique. Bitcoiners also have theirs which distinguishes them from others. I don't care what people think about the terminologies I use in discussing or writing about Bitcoin. Any interested newbie should be willing to learn these terminologies instead of critiquing them. A moderately enlightened individual at least knows how to use search engines like Google to learn about these concepts.

There is no need to change these unique words since they make the Bitcoin sector unique. I am even an advocate for the introduction of more coded words to enable me to communicate with fellow Bitcoiners in a language that others can't decide easily.  I think you should join the crusade of teaching people the meaning of HODL instead of championing its change.

R


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August 01, 2024, 03:54:32 PM
 #6

(Hold vs. HODL) Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool?
Don't mind too much about the word, term, whatever in theory or in text. The matter is what you do with your money and in this particular case, with your investment in Bitcoin?

If you can hold your bitcoin, can have good strategy for your investment - from capital management for entry, plan for holding it like how long, and plan for take profit, you are all good no matter you're saying "I am holding bitcoin" or "I am HODLING bitcoin". It is not a matter of importance for your money.


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August 01, 2024, 03:54:43 PM
Merited by Hatchy (1)
 #7

Nope, the correct word is HODL.

If you want to change the word "HODL" to "Hold", make sure people give merit to your thread more than this thread I AM HODLING

After all, Bitcoin enthusiast has received a lot criticism from many people and till now it's not yet ended, just like how Warren Buffet always against Bitcoin https://markets.businessinsider.com/news/stocks/warren-buffett-charlie-munger-bitcoin-crypto-cryptocurrency-investing-berkshire-hathaway-2022-4


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August 01, 2024, 04:20:42 PM
 #8

There is something called tradition anyone in the crypto space or at least understand terms in it, doesn't see it as one being silly (stupid) or mindless sheep. Before you can actually HODL any coin/token you must already have trust on it which is usually from doing your own research while if ironically the coin/token failed to meet up to expectations or is a scam, sorry it was your fault for investing on your money on altcoins while you could just avoid all these drama and invest in bitcon which is currently the best store of value now.

Every other things or space has their own terminologies that defers from the basic English you consider and also the term HODL  is found in the dictionary.


I still have not been able to understand what the op is trying to pass along. Is he saying that those who use the word hodl are stupid? Because that makes no sense. It's literally a thing in the crypto space and it has a history that has already been proven why the word hodl was used. I really don't see the use of this thread and what it's trying to tell us. If some one is so sacred about investing in Bitcoin he shouldn't at all. Not everytime your investment would look good as expected. Avoid tokens or shit coins and hodl Bitcoins, you won't have to worry about the word hodl

Nope, the correct word is HODL.
If you want to change the word "HODL" to "Hold", make sure people give merit to your thread more than this thread I AM HODLING

Very correct. If he wants to change the word hodl back to hold then his thread must have more merits compare to the thread by @ GameKyuubi. I wonder where his idea is coming from.

R


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August 01, 2024, 04:40:59 PM
 #9

Nope, the correct word is HODL.

If you want to change the word "HODL" to "Hold", make sure people give merit to your thread more than this thread I AM HODLING
Absolutely. HODL is the word. It stands for "Hold On for Dear Life".

You gotta HODL your bitcoin like your life depends on it.

You gotta HODL your bitcoin like it is the most important thing in the world because it is.

You gotta HODL your bitcoin because the government through corporations and crypto exchanges are trying to steal it from you, because they are.

You gotta HODL your bitcoin because government backed fiat economy  has failed through numerous manipulations and so many people have lost their wealth but bitcoin backed economy cannot be manipulated as there is no central authority in control of it, therefore your bitcoins are safe.

Therefore, the word is HODL which suits it perfectly and not HOLD.

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August 01, 2024, 05:35:50 PM
 #10

(Hold vs. HODL) Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool?

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.
Does it really matter if one uses HODL or hold in his statement? Isn't it that as long as the person use the word in the right context and hearers are able to comprehend it that it has passed the required message?

Note that every sector or niche has its own jargon that doesn't always have to be what's the usual thing with the regular English. This is just like telling an electrical persons that the word Elect should be made obsolete and electrical used because "elect" is short or that a Cyber security person shouldn't make us of the word "L33t" but should rather use "elite" since that's what it normally should have been called. jargons is what makes word usage beautiful and that also shows that you're of a particular sector.

In my sentence, I do make use of both HODL and hold and it all makes the same sense though to be more specific and to show you're a core bitcoinner, using HODL will always remain preferable to using hold. This would have made more sense if your talking about people that use the word HODL to depict that you're holding on to dear Life which is different from the main meaning of holding as per holding Bitcoi, but if it's just a matter of making a comparison between using HODL or hold, whichever one you use is correct but to speak or write using the Bitcoin jargon, HODL is more preferable for me.

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August 01, 2024, 07:51:57 PM
 #11

There is no point in teaching anyone anything first. I will like to drag you down to history, when the word “HODL” was first used . I’m a HODLING

The guy made use of the misspelt word “HOLD” and gave it another name "Hodl" to describe what kind of bitcoin holder he is, not a day trader. This has been true since 2013, and up until date, the Bitcoin community has accepted making use of the word “HODL, HODLER, HODLING.” Instead of holding and holding, you are not forbidden from making use of the correct-spelled word, nor should you force people to stop using their preference. 
You’ve done absolute justice to the response and I think with this been said, op shouldn’t have to bother himself with trying to school people about the right word usage as that doesn’t actually matter and there is absolutely no consequences for using any of the words as you’re free to use any of them at anytime and say without being accountable to anyone for it.

On the other hand, the hodl has already been accepted by the crypto community and there is no need for corrections as long is there is a proper decoding if the message that was encoded.

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August 01, 2024, 08:09:11 PM
 #12

Hello, welcome to an interesting (possibly important) discussion. I know from talking (offline) to real people BTC and Crypto does not have a positive, solid reputation among mainstream, everyday humans. This communities history of major thefts, scandals, and "huge hacks" has done lasting damage to your reputation.
I have had Mail Accounts hacked before.  I have had my Google Account hacked before.  I have had my Windows XP and Windows 7 computers infected by Malware so many times.  Yet people still recommend having an Email Account, a Google Account or a Windows Operating System.

Tell me you know nothing about the Cryptocurrency status with out telling me.  Getting hacked and robbed is easy if one is stupid and does not care about their Privacy and Security enough.  Most of the hacks are Centralized Exchanges getting hacked and their Customers being the victims.  Have a Self Custody Wallet, Secure it and nobody can touch your Coins.

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.
Will you please consider joining an effort to learn why Bitcoin users are using the 'Hodl' variant of the term and not the grammatically correct one?  It is a search away, use your Search and educate yourself.  It is a pun.  Why so serious?

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August 01, 2024, 08:29:32 PM
 #13

There's an actual story behind the word hodl which many people in crypto space accepted and created a meaning from it which is hold on for dear life. The word hodl is from hold and there's a guy who posted and explain what he wants to do and he wants to hold his crypto until it is time to sell but instead of typing hold but he mistyped it and the result is hodl which is now known by many people. You should read the history of Bitcointalk so you'll know the story about it.

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August 01, 2024, 08:38:54 PM
 #14

(Hold vs. HODL) Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool?

Hello, welcome to an interesting (possibly important) discussion. I know from talking (offline) to real people BTC and Crypto does not have a positive, solid reputation among mainstream, everyday humans. This communities history of major thefts, scandals, and "huge hacks" has done lasting damage to your reputation.

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.
Well, do you know what is the "key TakeAways"? "A key takeaway is a short sentence or statement that summarizes the key points of a meeting, presentation, or document." source

Now let's talk about the "HODL" word. I think if you don't know about the Key takeaways you also don't know about the slang term or the sarcasm. Because if you know about these If you really know these things then maybe you would not open this topic as least you won't use the stupid fool words.

And what I think that when a people came to in crypto world they will definitely face this "HODL" word multiple times And it must make them think that this misspelling of "HODL" might be intentional. The same thing happened to me and I didn't think it was a mindless sheep, and/or a silly (even "stupid") fool thing.

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August 01, 2024, 09:46:01 PM
 #15

I know from talking (offline) to real people BTC and Crypto does not have a positive, solid reputation among mainstream, everyday humans. This communities history of major thefts, scandals, and "huge hacks" has done lasting damage to your reputation.
~

I gotta disagree here.  Sure, every business has some shady characters, even banks and Wall Street.  But we dont write off the whole financial industry because of a few bad apples right? That said, I know my experience is just one data point.  Most folks I chat with about Bitcoin dont really know much about it.  Were definitely in the minority having strong opinions, whether good or bad. 

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August 01, 2024, 10:02:53 PM
 #16

Using the correct words HOLD, HOLDLER, and HOLDING does it change anything? This is the crypto space and not an English class. No one is foolish enough to not know the right spelling from the start, but we choose to take it this way because it is now a term that is accepted by crypto enthusiast worldwide. If you do not like it you can choose to use the right spelling but the meaning of it remains the same. I don't see any point you are making and there is nothing to argue about here.

Right spelling or no right spelling its meaning is still the same.

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August 01, 2024, 10:53:57 PM
 #17

(Hold vs. HODL) Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool?

The world especially crypto community already knows what HODL is and does not mind people using them to advice people to hold their cryptocurrency.

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Hello, welcome to an interesting (possibly important) discussion. I know from talking (offline) to real people BTC and Crypto does not have a positive, solid reputation among mainstream, everyday humans. This communities history of major thefts, scandals, and "huge hacks" has done lasting damage to your reputation.

Are you talking about crypto communities?  Don't worry about that reputation, the fiat community has a much longer history of such things. Crypto community is way back compared to the criminalities done by the fiat communities.


Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.

If you do not like the term, you can just ignore it.  Why mind other people's things especially the community already accepted such term?  The term hodl has been accepted by the cryptocurrency community and is intended for crypto community use to emphasize patience.

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August 01, 2024, 11:11:30 PM
 #18

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.
who cares what people think who are new to crypto when they hear "HODL"? if they think it is stupid, so be it, if they are curious about it, they can simply ask or just search about it on the internet.

yeah, you clearly have no idea about the history of "HODL". A member shared the profile of the person who created the thread "I AM HODLING", I suggest you read it and learn the history behind it.

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August 01, 2024, 11:29:45 PM
 #19

It has also come to stand for “Hold On for Dear Life” among crypto investors, so this sentiment resonated with the crypto community.

Over time, HODL has become more than just a strategy. It’s a guiding philosophy for long-term crypto investors. HODLers disregard price swings and remain committed to their holdings, even during turbulent times. Memes and references to movies like 300 and Braveheart have further popularized the term.

Supporters of HODL appreciate its quirky origin and the sense of community it fosters. We see it as a badge of honor for weathering crypto storms.

Either HOLD or HODL, both approaches have their merits, and the crypto world is big enough for both mindsets!

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Today at 03:53:51 AM
 #20

Many people either enjoy it, or blindly follow others when using/screaming the misspelled word HODL! Do you seriously think this does any good when new people see it for the first time? Are you able to take an honest look at the idea saying HODL tells the world you are either a mindless sheep, and/or a silly (even "stupid") fool? Will you please consider joining an effort to help turn the tide, and teach people the real, correct, "moderately well-educated" version of the word is Hold! Thank you.

Lol, and why would we do that, either way, still the same, you buy and do not sell for a long time, and it's a very effective method, not sure if you have tried it though. But there are a lot of fun on being able to hold or buy and accumulate and see your portfolio grow.

So even if they call us mindless sheep or stupid or silly, I will just laugh it off because for sure those who are saying that didn't know the power and have the mentality to HODL so why would I be bother then? They just make things complicated for them,  Cheesy

R


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