Post
Topic
Board Bitcoin Discussion
Re: Who exactly is a “HODLER” ?
by
Proty
on 08/03/2025, 15:58:23 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)
Wow! It is really a kind of amazing because from I gather from your explanation bitcoin holders should go with non custodial wallet while traders that are not holding bitcoin should go with custodial wallet.However I believe is not really the wallet were using in storing our bitcoin that really makes us a holder because even traders can make use of  noncustodial wallet in that vain can we say they are holders since they have control of theirs bitcoin.
 Holder are those investors who has been holding bitcoin for 10yrs or more without optioning for sale regardless of the nature of wallet they are using weather it custodial or non custodial.