Post
Topic
Board Bitcoin Discussion
Re: Who exactly is a “HODLER” ?
by
tread93
on 08/03/2025, 02:36:54 UTC
Who exactly should be referred to as a HODLER?

As we already know, hodlers are people who hodl bitcoin for long periods of time; they are determined not to sell for the long term irrespective of the price change.

Now here comes my question: If those who buy and hodl their coins on a noncustodial wallet where they have full control over the coin are referred to as hodlers, are those who also hodl under a custodial service where they don’t have full control of the coins also regarded as hodlers?

If you leave your coins on a custodial exchange, the exchange is the one holding your coins and not you. What's available in your balance is what they can manually input. Since you don't have full control of the coin, you shouldn't be considered a hodler.

Not your keys, not your coins (and not being a HODLer)
Your keys, your coins (and you are HODLer)

(Read as if I was some englishman narratiung a documentary) HODLERS are very complex & subtle creatures. They prefer to have "one bird in hand, rather than two in the bush" They are survivors and will do anything to keep the crypto that they have aquired. Even if it means battling off the friends, family, and wife to the death all the way to valhalla! HODLERs are extremely focused and convinced that Bitcoin will surpass even new ATHs for years and years and years to come.