Post
Topic
Board Beginners & Help
Re: What do you mean by HODL?
by
ishirut009
on 23/04/2018, 03:39:54 UTC
Can anyone clarify what this term means? I was wondering if it should really be spelt as "HOLD" or the meaning of "HODL" is really crypto-related. I already tried searching threads that explain this but was unsuccessful. I was very curious since I began reading discussions in bitcointalk and I usually see this term but I just understand it to mean 'hold' which means don't sell yet your coins. Please correct my misunderstanding if any. Thanks for your time.

It is an internet slang for crypto that means "Hold on dear life" . It means holding the coin for the long term. But the big loophole for that is you can't hold a coin forever. In investing on this kind of market, The profit is made by selling. So if you wont sell you wont make any profits at all. You need to do due diligence in able to know what your target is when you are going to sell.