HODL is a popular term in the cryptocurrency world, referring to the strategy of holding digital assets long-term regardless of short-term price fluctuations. It originated from a misspelled version of the word “hold” in a BitcoinTalk forum post from 2013. Since then, it has become a symbol of an investment approach where traders ignore market volatility and do not sell their cryptocurrencies, believing in their future value appreciation.
The HODL strategy is commonly applied to Bitcoin and other major cryptocurrencies, especially by those who view them as digital gold or a hedge against inflation. HODL has also evolved into a philosophy within the crypto community, promoting patience and discouraging panic selling during market downturns. Some investors extend this concept to “diamond hands,” meaning they continue holding their assets even in extreme market conditions.