In the crypto world, you will most probably hear of this term “HODL”. In this article, we will explain what HODL is and HODL meaning.
HODL is a term commonly used by cryptocurrency investors that refuse to sell their cryptocurrency regardless of the price increasing or decreasing. It is more frequently used during a bear market when people refuse to sell their coins despite the price drop. HODL stands for “Hold On for Dear Life”, which refers to not selling, even during strong market volatility and poor market performance.
HODL was initially a spelling mistake by a user on a thread. He originally intended to write “hold”, but since then, the term has gone viral and used widely in the crypto world.
In conclusion, HODL meaning stands for the holding on to assets despite the market change.
