The cryptocurrency space has always translated hodl to imply or mean: Hold On for Dear Life. This stresses on the importance of the practice for Bitcoin hodlers by making it synonymous to life and how it’s treated. Obviously you do your best to hold on to living as much as you can even though it’s not entirely dependent on your efforts, that’s the same way you are expected to hodl on to Bitcoin as it in a way safeguards your future in the cryptocurrency industry. It certainly isn’t forever but, the longer the better and there wouldn’t be much need for regrets.
Yes HODL meaning stick with Bitcoin investment for long haul. This idea means holding Bitcoin is not just buying digital coin but way to protect your money for future in changing world of crypto.
It is plan that needs patience and strong belief. It suggests that longer you hold your Bitcoin better your chances are and you will have fewer regrets later. Even though no investment lasts forever HODL encourages you to ignore sudden ups and downs and focus on how Bitcoin will likely grow over many years.