Hold on for dear life time is a popular strategy among bitcoin investors particularly those who are committed to holding onto there bitcoin for the long term.
Because bitcoin holders,believe that,bitcoin value will significantly increase over time,driving by factors such as,store of value and limited supply.
HODL for dear life is not a strategy but a saying by some Media mainstream who potray Bitcoin in a negative way just like JJG have righly Said. The word HODL was discovered by a user named GameKyuubi in his thread
I AM HODLING he used the word Hodl instead of hold and it was used allover the internet with different meanings but that was not the intended meaning.
As long as a lot of people are still having doubts then my faith is strong, cause I know very soon the digital world will overshadow the whole world.
The digital world was not made or discoverd to overshadowed the whole world or the physical world. But It was created to work side by side or hand in hand to make the world a better place not a competitive place.