Only those who’ve put a bit of money into BTC can truly understand this feeling.
For others, this painting might just look like an abstract artwork.
HODL, my friend !
The term HODL
The term HODL was unintentionally coined by a user named GameKyuubi on the BitcoinTalk forums on December 18, 2013.
In a post titled “I AM HODLING,” GameKyuubi humorously commented on his poor trading skills and declared his decision to hold onto his Bitcoins, misspelling “holding” as “hodling.”
This term quickly gained popularity and became a meme, evolving to hold various meanings within the Bitcoin community.
HODLING: A Strategy and a Guiding Philosophy**
HODLING is not just a strategy; for many, it’s a philosophy built around several core principles:
- Patience**: The ability to endure and weather the market’s ups and downs.
- Conviction**: A strong belief in the long-term value of the asset.
- Emotional Detachment**: Resisting the urge to panic-sell during market downturns.
Since its creation, the term has become a mantra within the crypto community, embodying a steadfast belief in the asset’s potential, regardless of market volatility.
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