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 defined as a slang term or meme in the internet that is used in the Bitcoin community when referring to holding the cryptocurrency rather than selling it. Most of the people choose holding crypto currencies rather than selling it that's why the HDOL was coined. You are holding you coin for a long period of time for a purpose.