HODL Explained

HODL is a misspelled term for the word ‘hold.’ This term stands for ‘hold on for dear life’. HODL has great significance among crypto investors. The term became a new normal in 2013 with the typo on the Bitcoin talk forum. This poster was compelling people not to sell, although they were holding. The term also implies people do not sell when there is a down point in markets.

Many crypto investors believe that people should only sell the products if there is an illusion like a crypto bubble or if they are good day traders. In every situation they should hold, this was a primary purpose of HODL.

In this article, we will learn about HODL, its features, and why crypto investors should adopt this strategy. Moreover, we will discuss the pros and cons of HODL. The article will discuss why HODLING is a great strategy for greater returns for crypto traders. The article will discuss tips for initiating a HODL strategy to help beginners in crypto trading.