What is HODLING?
HODL is a cryptocurrency slang term that stands for "hold on for dear life." It refers to the strategy of buying and holding a cryptocurrency for a long period of time, regardless of short-term price fluctuations. HODLers believe in the long-term potential of the cryptocurrency and are willing to ride out any volatility in the market.
The term originated from a typo in a 2013 Bitcoin forum post, where a user accidentally typed "hodling" instead of "holding." The misspelling quickly caught on and became a popular term in the cryptocurrency community.
HODLing is often associated with Bitcoin, but it can be applied to any cryptocurrency. It's a popular strategy among long-term investors who are looking to profit from the potential appreciation of the cryptocurrency over time.