Post
Topic
Board Bitcoin Discussion
Re: Who exactly is a “HODLER” ?
by
EarnOnVictor
on 12/03/2025, 11:44:49 UTC

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.
Your concept is wrong, HODLing and Custody are two different contexts. Your inclination is toward the Safety but not the Purpose.

HODLing is keeping your coin for as long as possible, this doesn't talk about Where and How you keep it, and it is the plan, mind and spirit of keeping it that defines it as HODLing.

If you say those who keep it in the custodial arrangement are no HODLers, what about those who kept it in self-custody but lost their access keys? It's still lapses in safety, but that's not what HODLing stands for, it's the plan. The custodial wallet may not be the smartest way of keeping your coin but some people still do it and have not moved the coin in years, what about that? Are they not investing in the long-term (HODLing)?