The term “HODL” was born on December 18, 2013, in a post on the Bitcointalk.org forum titled “I AM HODLING”, written by a user named GameKyuubi. He mistyped “hold” as “hodl,” and the term quickly caught on as a meme and investment mantra.
HODL
What Does HODL Mean in Crypto?
HODL is a popular slang term in the cryptocurrency community that means to hold onto your crypto assets rather than selling them, especially during market volatility. It originated from a misspelled word “hold” in a 2013 Bitcoin forum post and has since evolved into a long-term investment philosophy.
In crypto, to HODL means to resist panic-selling during downturns and maintain conviction in the long-term value and potential of blockchain assets such as Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.
Why HODLing Is Important in the Crypto Industry
1. Long-Term Investment Strategy
HODLing reflects a belief in the long-term value of digital assets and is often contrasted with short-term speculative trading.
2. Reduces Emotional Trading
By holding through ups and downs, HODLers avoid making impulsive decisions based on market fear, uncertainty, and doubt (FUD).
3. Supports Network Growth
HODLers contribute to the stability and decentralization of networks by locking up supply and showing confidence in the technology.
4. Tax Efficiency
In some jurisdictions, long-term holding may offer lower capital gains taxes compared to frequent trading.
HODL has grown from a simple typo into a defining concept of the cryptocurrency movement. It symbolizes patience, belief in decentralized technology, and a commitment to long-term gains in an often unpredictable market.
