HODL
Hold On for Dear Life — long-term holding strategy without panic selling.
HODL is crypto slang originating from a 2013 typo of "hold" on a Bitcoin forum. The author wrote about not selling BTC despite a price drop — the post became a legendary crypto community meme.
HODL as a strategy:
•Buy and hold long-term regardless of short-term fluctuations
•Based on the belief that value will grow long-term
•Avoid market timing mistakes
•Tax implications: longer holding often means lower capital gains tax
HODL vs Trading:
•HODLing has historically been more profitable for the majority of retail investors
•Active trading requires knowledge, time, and discipline
•80-90% of active crypto traders lose long-term