🔗 HODL

🔗 Internet culture 🔗 Linguistics 🔗 Numismatics 🔗 Cryptocurrency

Hodl ( HOD-əl; often written HODL) is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it. A person who does this is known as a Hodler. It originated in a December 2013 post on the Bitcoin Forum message board by an apparently inebriated user who posted with a typo in the subject, "I AM HODLING." It is often backronymed to "hold on for dear life". In 2017, Quartz listed it as one of the essential slang terms in Bitcoin culture, and described it as a stance, "to stay invested in bitcoin and not to capitulate in the face of plunging prices." TheStreet.com referred to it as the "favorite mantra" of Bitcoin holders. Bloomberg News referred to it as a "mantra" for holders during market routs.