{"id":267961,"date":"2021-06-06T13:40:30","date_gmt":"2021-06-06T10:40:30","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/what-does-hodl-mean\/"},"modified":"2021-06-06T13:40:30","modified_gmt":"2021-06-06T10:40:30","slug":"what-does-hodl-mean","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/","title":{"rendered":"#What Does \u201cHODL\u201d Mean?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39e4810c23a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39e4810c23a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/#HODL_HOLD\" >HODL = HOLD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/#The_Origin_of_Hodl\" >The Origin of Hodl<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/#%E2%80%9CHodl%E2%80%9D_and_Cryptocurrencies\" >\u201cHodl\u201d and Cryptocurrencies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/#Why_Do_People_%E2%80%9CHodl%E2%80%9D\" >Why Do People \u201cHodl?\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/what-does-hodl-mean\/#Using_%E2%80%9CHODL%E2%80%9D\" >Using \u201cHODL\u201d<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>&#8220;#What Does \u201cHODL\u201d Mean?&#8221;<\/strong><\/p>\n<div>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage wp-image-732048 size-full\" src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/05\/hodl_hero_1.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"A person with a HODL compass.\" width=\"1200\" height=\"675\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-photo\/hand-holding-compass-glowing-bitcoin-symbol-1437452984\">Morrowind \/ Shutterstock<\/a><\/span><\/figcaption><\/figure>\n<p>You\u2019re scrolling through <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a>, and you encounter someone saying that they\u2019re \u201cHODLING\u201d or telling someone else to \u201cHODL.\u201d Confused? Here\u2019s what the word means in the world of cryptocurrency and finance\u2014and why it\u2019s not misspelled.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"HODL_HOLD\"><\/span>HODL = HOLD<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u201cHODL\u201d is a cryptocurrency-related slang that stands for the word \u201chold\u201d misspelled. It often refers to retaining crypto assets that you own for an extended period, even throughout a highly volatile market movement. \u201cHodl\u201d is meant to encourage people to not impulsively sell when a cryptocurrency drops dramatically or rises to become highly profitable to sell.<\/p>\n<p>\u201cHODL\u201d also acts as an acronym for \u201cHold on for dear life.\u201d You will often see the term in various cryptocurrency forums and social media circles. Some influencers even encourage their followers to \u201chodl\u201d various crypto tokens as part of their long-term strategy.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"The_Origin_of_Hodl\"><\/span>The Origin of Hodl<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The word \u201chold\u201d has been used in finance for a very long time as part of the buy-and-hold strategy. This investing method involves buying a financial asset and holding it for an indefinite period of time. This is related to the view that an investor should not be swayed by short-term market movements and look to the long-term view.<br \/>\n The term \u201cHODL\u201d originates from a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcointalk.org\/index.php?topic=375643.0\">post made in 2013<\/a> on cryptocurrency forum Bitcointalk shortly after a move by the Chinese government caused the price of Bitcoin to fall drastically within a day. An intoxicated member typed out a post entitled \u201cI AM HODLING\u201d in response, detailing his <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> lousy luck with investing and his desire to keep holding onto his assets in the future.<br \/>\nSoon after that incident, the term \u201chodling\u201d became commonplace in the cryptocurrency enthusiast community. It made its way into memes and onto social media and became a way of signaling a token owner\u2019s desire to hang onto their assets.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"%E2%80%9CHodl%E2%80%9D_and_Cryptocurrencies\"><\/span>\u201cHodl\u201d and Cryptocurrencies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The biggest reason why \u201chodl\u201d has become such a popular term is the general volatility of the prices of cryptocurrencies. Many cryptocurrency tokens, even relatively stable ones such as Bitcoin and Ethereum, frequently have very volatile market swings. The cost of these tokens can fall 100% one month and then rise 300% within the next few months.<\/p>\n<p>Cryptocurrency prices are also prone to the movements of whales (a term for people or organizations that hold a very large amount of a particular token). If even one whale decides to sell a particular token, they could tank the price entirely.<\/p>\n<p>\u201cHODL\u201d is viewed as a way to combat these swings in price. An asset-holder who follows the strategy does not sell, even as the market changes. Many people who \u201cHODL\u201d do not even pay close attention to the day-to-day market movement of cryptos, instead preferring to take a long-term view of their tokens.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Why_Do_People_%E2%80%9CHodl%E2%80%9D\"><\/span>Why Do People \u201cHodl?\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure style=\"width: 650px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-732047 size-full\" src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/05\/bitcoin_image.jpg?trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"A pile of Bitcoins\" width=\"650\" height=\"366\" data-crediturl=\"https:\/\/www.shutterstock.com\/image-photo\/cryptocurrency-bitcoin-future-coin-1902390253\" data-credittext=\"Andreanicolini \/ Shutterstock\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-photo\/cryptocurrency-bitcoin-future-coin-1902390253\">Andreanicolini \/ Shutterstock<\/a><\/span><\/figcaption><\/figure>\n<p>One of the biggest reasons why people view \u201chodl\u201d as a viable strategy is their belief in the underlying <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and the use case behind it. Bitcoin and most other cryptocurrencies are based on a technology called blockchain, which has many uses, including a way to safely and anonymously make payments over the internet. Some people believe that Bitcoin is the future of all financial transactions rather than fiat currencies like Dollars and Euros.<\/p>\n<p>For many cryptocurrency owners, \u201chodling\u201d is an intriguing prospect. The value of a single Bitcoin has gone from under a dollar when it first came out more than a decade ago to five-digit figures in recent years. Despite high market volatility, many cryptocurrency owners believe in the long-term financial prospects of Bitcoin and other tokens. At the same time, many other people believe that buying cryptocurrency is equivalent to gambling.<\/p>\n<p>Many people also believe that the values of cryptocurrencies are better when people buy and do not sell off their tokens. That is why \u201chodl\u201d is such a well-used term in the community\u2014it\u2019s often said to beginners who might have fears about holding such a volatile asset. \u201cHODL\u201d combats what crypto users call \u201cFUD,\u201d which stands for \u201cfear, uncertainty, and doubt.\u201d FUD can include anything from naysayers to governments to negative presses on the issue of cryptocurrency.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Using_%E2%80%9CHODL%E2%80%9D\"><\/span>Using \u201cHODL\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u201cHODL\u201d is generally only used to refer to cryptocurrencies and not other assets. If you want to use the term \u201chodl,\u201d reserve it for conversations about these tokens or you could be misinterpreted.<\/p>\n<p>If you run into people telling you to \u201chodl,\u201d there\u2019s a good chance that you\u2019ve encountered cryptocurrency enthusiasts. Be sure to use good judgment in making critical financial decisions, such as purchasing a cryptocurrency. Never invest more than you can afford to lose.<\/p>\n<p>If you want to learn more about cryptocurrencies, start with our guide on Bitcoin.<\/p>\n<\/div>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.howtogeek.com\/730572\/what-does-hodl-mean\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#What Does \u201cHODL\u201d Mean?&#8221; Morrowind \/ Shutterstock You\u2019re scrolling through social media, and you encounter someone saying that they\u2019re \u201cHODLING\u201d or telling someone else to \u201cHODL.\u201d Confused? Here\u2019s what the word means in the world of cryptocurrency and finance\u2014and why it\u2019s not misspelled. HODL = HOLD \u201cHODL\u201d is a cryptocurrency-related slang that stands for the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":267962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/05\/hodl_hero_1.jpg?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-267961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/267961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=267961"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/267961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/267962"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=267961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=267961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=267961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}