Hodl: Difference between revisions
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{{for|the clarinettist|Helmut Hödl}} |
{{for|the clarinettist|Helmut Hödl}} |
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'''Hodl''' ({{IPAc-en|ˈ|h|ɒ|d|əl}} {{respell|HOD|əl}}; often written '''HODL''') is slang in the [[cryptocurrency]] community for [[Buy and hold|holding]] the cryptocurrency rather than selling it.<ref>{{Cite news|url=https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating|title=Bitcoin And Taxes: If Not HODLing, Consider Donating|last=Shin|first=Laura|work=Forbes|access-date=2017-12-22|language=en|deadurl=no|archiveurl=https://web.archive.org/web/20171222124446/https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating/|archivedate=2017-12-22|df=}}</ref> It originated in a December 2013 post on the Bitcoin Forum message board by an apparently inebriated user who posted with a typo in the subject, "I AM HODLING."<ref>{{Cite web|url=https://ftalphaville.ft.com/2017/12/22/2197074/the-hodl/|title=The HODL|last=Kaminska|first=Izabella|date=22 December 2017|website=Financial Times|language=en|archive-url=|archive-date=|dead-url=|access-date=2018-11-21}}</ref> In 2017, [[Quartz (publication)|''Quartz'']] listed it as one of the essential slang terms in Bitcoin culture, and described it as a stance, "to stay invested in bitcoin and not to capitulate in the face of plunging prices."<ref>{{Cite news|url=https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/|title=Buy and hodl, just don’t get #rekt: The slang that gets you taken seriously as a bitcoin trader|last=Wong|first=Joon Ian|work=Quartz|access-date=2017-12-22|language=en-US|deadurl=no|archiveurl=https://web.archive.org/web/20171222220057/https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/|archivedate=2017-12-22|df=}}</ref> ''[[TheStreet.com]]'' referred to it as the "favorite mantra" of Bitcoin holders.<ref>{{Cite news|url=https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html|title=As Bitcoin plunges, cryptocurrency fans chant 'HODL' for comfort|last=Akhtar|first=Tanzeel|date=2017-12-22|work=TheStreet|access-date=2017-12-22|language=en-US|deadurl=no|archiveurl=https://web.archive.org/web/20171223102117/https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html|archivedate=2017-12-23|df=}}</ref> Though originally used in relation to holding [[Bitcoin]], it is now also used to describe holding other cryptocurrencies and tokens such as [[Ethereum]]. |
'''Hodl''' ({{IPAc-en|ˈ|h|ɒ|d|əl}} {{respell|HOD|əl}}; often written '''HODL''') is slang in the [[cryptocurrency]] community for [[Buy and hold|holding]] the cryptocurrency rather than selling it.<ref>{{Cite news|url=https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating|title=Bitcoin And Taxes: If Not HODLing, Consider Donating|last=Shin|first=Laura|work=Forbes|access-date=2017-12-22|language=en|deadurl=no|archiveurl=https://web.archive.org/web/20171222124446/https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating/|archivedate=2017-12-22|df=}}</ref> It originated in a December 2013 post on the Bitcoin Forum message board by an apparently inebriated user who posted with a typo in the subject, "I AM HODLING."<ref>{{Cite web|url=https://ftalphaville.ft.com/2017/12/22/2197074/the-hodl/|title=The HODL|last=Kaminska|first=Izabella|date=22 December 2017|website=Financial Times|language=en|archive-url=|archive-date=|dead-url=|access-date=2018-11-21}}</ref> In 2017, [[Quartz (publication)|''Quartz'']] listed it as one of the essential slang terms in Bitcoin culture, and described it as a stance, "to stay invested in bitcoin and not to capitulate in the face of plunging prices."<ref>{{Cite news|url=https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/|title=Buy and hodl, just don’t get #rekt: The slang that gets you taken seriously as a bitcoin trader|last=Wong|first=Joon Ian|work=Quartz|access-date=2017-12-22|language=en-US|deadurl=no|archiveurl=https://web.archive.org/web/20171222220057/https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/|archivedate=2017-12-22|df=}}</ref> ''[[TheStreet.com]]'' referred to it as the "favorite mantra" of Bitcoin holders.<ref>{{Cite news|url=https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html|title=As Bitcoin plunges, cryptocurrency fans chant 'HODL' for comfort|last=Akhtar|first=Tanzeel|date=2017-12-22|work=TheStreet|access-date=2017-12-22|language=en-US|deadurl=no|archiveurl=https://web.archive.org/web/20171223102117/https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html|archivedate=2017-12-23|df=}}</ref> Though originally used in relation to holding [[Bitcoin]], it is now also used to describe holding other cryptocurrencies and tokens such as [[Ethereum]]. |
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Throughout the time the term HODL has become so widespread that the community has even created “[https://blog.coinstats.app/hodl/ The HODLer Manifesto]”. It is presented on GitHub and provides eight rules every true HODLer must follow; rules likes a true HODLer doesn't sell their coin and keeps them off exchanges and online wallets. |
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== See also == |
== See also == |
Revision as of 08:03, 18 June 2019
Hodl (/ˈhɒdəl/ HOD-əl; often written HODL) is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it.[1] It originated in a December 2013 post on the Bitcoin Forum message board by an apparently inebriated user who posted with a typo in the subject, "I AM HODLING."[2] In 2017, Quartz listed it as one of the essential slang terms in Bitcoin culture, and described it as a stance, "to stay invested in bitcoin and not to capitulate in the face of plunging prices."[3] TheStreet.com referred to it as the "favorite mantra" of Bitcoin holders.[4] Though originally used in relation to holding Bitcoin, it is now also used to describe holding other cryptocurrencies and tokens such as Ethereum.
Throughout the time the term HODL has become so widespread that the community has even created “The HODLer Manifesto”. It is presented on GitHub and provides eight rules every true HODLer must follow; rules likes a true HODLer doesn't sell their coin and keeps them off exchanges and online wallets.
See also
References
- ^ Shin, Laura. "Bitcoin And Taxes: If Not HODLing, Consider Donating". Forbes. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
{{cite news}}
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{{cite web}}
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(help) - ^ Wong, Joon Ian. "Buy and hodl, just don't get #rekt: The slang that gets you taken seriously as a bitcoin trader". Quartz. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
{{cite news}}
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ignored (|url-status=
suggested) (help) - ^ Akhtar, Tanzeel (2017-12-22). "As Bitcoin plunges, cryptocurrency fans chant 'HODL' for comfort". TheStreet. Archived from the original on 2017-12-23. Retrieved 2017-12-22.
{{cite news}}
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ignored (|url-status=
suggested) (help)