Hodl

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Hodl (/ˈhɒdəl/ HOD-əl; often written HODL) is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it.[1][2][3] 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."[4][5][6] 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."[7] TheStreet.com referred to it as the "favorite mantra" of Bitcoin holders.[8] Though originally used in relation to holding Bitcoin, it is now also used to describe holding other cryptocurrencies and tokens such as Ethereum.

Since entering the Bitcoin vernacular and that of other cryptocurrencies, HODL has become a backronym for "hold on for dear life".[9][10]

See also[edit]

References[edit]

  1. ^ Shin, Laura. "Bitcoin And Taxes: If Not HODLing, Consider Donating". Forbes. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
  2. ^ "The 26 Best Bitcoin Memes of 2017, from Funny to Painfully Relatable". Inverse. Archived from the original on 2017-12-23. Retrieved 2017-12-22.
  3. ^ Partington, Richard (2017-12-02). "Bitcoin: is it a bubble waiting to burst or a good investment?". The Guardian. ISSN 0261-3077. Archived from the original on 2017-12-21. Retrieved 2017-12-22.
  4. ^ Stephens, Leah Stella (2017-04-30). "What's The Backstory On The Word, HODL?". DASH For Newbies. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
  5. ^ "What Does 'Hodl' Mean? The Bitcoin Meme Causing a Storm on Reddit". Inverse. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
  6. ^ Coppola, Frances. "Bitcoin's Enormous Price Rise Exposes The Irrational Beliefs Of Investors". Forbes. Archived from the original on 2017-12-22. Retrieved 2017-12-22.
  7. ^ 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.
  8. ^ 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.
  9. ^ "7 reasons to HODL Bitcoin – Hacker Noon". Hacker Noon. 2017-12-11. Retrieved 2017-12-22.
  10. ^ "What is "HODL" in the Cryptocurrency World? + Must Know Cryptocurrency Terms". CoinSutra - Bitcoin Community. 2017-07-22. Archived from the original on 2017-12-22. Retrieved 2017-12-22.

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