Post
Topic
Board Bitcoin Discussion
Re: Who exactly is a “HODLER” ?
by
bettercrypto
on 12/03/2025, 14:46:24 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)

It depends on the level of trust you have in an exchange whether Cex or Dex, what you say is true, but even if you yourself are using both platform exchanges mentioned.
As long as you know what you are doing.

And besides that, you also accept anything that happens that is not good for the fund you put into an exchange.
That's why our risk taker as an investor and holder of bitcoin
or other crypto assets comes into play.