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English
Etymology
Originally a mistyping of hold, appearing in a forum post on December 18, 2013.[1] The backronym "Hold On for Dear Life" is sometimes used.[2]
Pronunciation
Verb
hodl (third-person singular simple present hodls, present participle hodling, simple past and past participle hodled)
- (neologism) To hoard a kind of cryptocurrency, especially bitcoin.
2016 July 22, Venzen Khaosan, “Bitcoin Price Decline 100% Confirmed”, in Cryptocoins News:Bitcoin price continues decline. If you're hodling, bite your government passbook.
2017 April 22, “Bitcoin Is Not Immune to All Fiat Problems”, in The Merkle:I believe that the individuals who have the fortitude and insight to be hodling onto their coins deserve to be rewarded for their risk. It is also my hope that I am hodling more coins if/when the price skyrockets.
2017 November 10, Leigh Cuen, “Cyber Monday Guide: How To Buy Christmas Presents With Bitcoin”, in International Business Times:Cryptocurrency veterans love to “hodl,” aka store their virtual loot as a long-term investment. But digital currency wasn't only made for hodling.
2017 November 26, Lynn Sebastian Purcell, “Why Futures Spell The End Of Bitcoin Mania”, in Toronto Star:Buy and hold strategies for Bitcoin ("hodling" as it called) is likely to have far lower returns, even if the future is positive, and traders will lose the volatility that has made Bitcoin trading so profitable.
2021 April 25, Erin Griffith, “We’re All Crypto People Now”, in The New York Times, →ISSN:But even those with the stomach for hodling must avoid an even bigger issue — hacking.
Derived terms
See also
References
- ^ Don, Y F (2018 February 5) “Hodl”, in Know Your Meme, Literally Media, retrieved 2021-11-02, Origin: “On December 18th, 2013, Bitcoin Talk Forums user GameKyuubi submitted a post titled "I AM HODLING," arguing in favor of holding his bitcoins during a crash. In response to the post, many users mocked the misspelling of the world "hold" in the post title.”
- ^ “HODL: The Cryptocurrency Strategy of "Hold on for Dear Life" Explained”, in Investopedia, 2023 September 7 (last accessed)
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