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] A person who does this is known as a Hodler. 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] It is often backronymed to "hold on for dear life".[3] 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."[4] TheStreet.com referred to it as the "favorite mantra" of Bitcoin holders.[5] Bloomberg News referred to it as a "mantra" for holders during market routs.[6]

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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. ^ Kaminska, Izabella (22 December 2017). "The HODL". Financial Times. Retrieved 2018-11-21.
  3. ^ Montag, Ali (26 August 2018). "'HODL,' 'whale' and 5 other cryptocurrency slang terms explained". CNBC. Retrieved 12 November 2020.
  4. ^ 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.
  5. ^ 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.
  6. ^ Hajric, Vildana (2020-11-19). "All the Bitcoin Lingo You Need to Know as Crypto Heats Up". Bloomberg. Retrieved 2020-12-01.