Post
Topic
Board Bitcoin Discussion
Re: Who exactly is a “HODLER” ?
by
Sticky Bomb
on 17/05/2025, 16:14:29 UTC
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.
I think anybody who is not selling their BTC whether it is in an exchange or a wallet is actually holding, but the thing is that any coins in an exchange is not being held correctly and is only valid as long as the exchange is  in full operation and the investor is in good standing with the exchange, so the investor in question does not have total control.

While in the event of using a decentralized wallet, the investor has full control over their coins and only has to be accountable of his seed phrases and private keys to be able to access his funds.