Hodler
What is Hodler?
Hodler is an Internet joke and slang term for people who buy cryptocurrencies and keep them (do not sell them) regardless of market conditions (corresponds to the “buy and hold” financial approach). Such actions are motivated by a belief in the prospects for widespread adoption of cryptocurrencies in the global economic system, especially as a replacement for fiat money.
Understanding Hodler
This spelling originally occurred on the Bitcointalk forum in 2013 as a typo in the word holding – storing (the message was titled “I AM HODLING.”). In the context of the message, users interpreted HODL as “Hold On for Dear Life,” which normally translates as “Keep at all costs” or “Keep until the last of your strength”).
The term was coined in 2017 by the online magazine Quartz as a tactic to “remain invested in bitcoin and not capitulate in the face of price decreases,” while TheStreet.com (eng.)rus. termed it the “favorite slogan” of bitcoin holders. This method is covered in the article “To HODL Or Not To HODL?” Expert Opinion on Crypto Investment Value Averaging.
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In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
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Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
More articlesDamir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
