What does hodl mean bitcoin
HODL refers to a long-term strategy for investing in cryptocurrencies. An investor purchase and hold the cryptocurrency for an extended period ignoring complex price fluctuations in the cryptocurrency market and focusing on long-term price appreciation. Its propagation is linked to a famous typo that emerged in a post on a bitcoin forum called bitcointalk. HODL has been a famous slang word among investors in the blockchain community since You are free to use this image on your website, templates etc, Please provide us with an attribution link How to Provide Attribution? However, they may buy more if the price drops.
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Content:
- FUD [2021]
- 10 cryptocurrency terms people use every day
- What does HODL mean? And 5 top Bitcoin slang terms explained
- What Does HODL Mean In Crypto? – The History of Hodlers
- Investing in cryptocurrency? Here are some crypto slang you need to know
- What Does HODL Mean? A Complete Dictionary to Cryptocurrency Lingo
- HODL your horses, cryptos face possible hurdles ahead, experts say
FUD [2021]
The jargon that was used for inside jokes in early trading chat rooms on Discord and on Reddit threads is now important terms in the crypto frenzy. Novice investors or even veterans might find it difficult to understand the meaning of these slangs, so we decided to compile a list of popular slangs used in the cryptocurrency world to help those who may be unaware.
The jargon slipped into the crypto investors vocabulary, after a user at a Bitcoin talk forum in , made a typo in the word hold, writing the word HODL in panic. Read more Crypto Everything you need to know before investing in cryptocurrency. Interestingly, the word was most used after the cryptocurrency market plunged by 37 percent on 19 May. This is a trick to spread negativity about a crypto coin and its future, in order to spread doubt, fear, and uncertainty in the minds of crypto investors, which could cause a certain coin, or the entire cryptocurrency space to drop in price.
Crypto whales are entities who hold a large number of coins of a particular cryptocurrency. A whale may also be defined as a person that has enough coins or tokens to cause a significant impact on the market prices, either by buying or selling large amounts.
Any movement by whales will potentially gain attention, and manipulate the price of the crypto market. They facilitate hype based for the majority on false statements, which creates demand within the market, and shoot the price up, this is called pumping. After the initial investments have been pumped, these investors sell all of their holdings, making massive profits, but dropping the price of the coin drastically.
Satoshis refers to the smallest fraction of a Bitcoin that can be sent, which is 0. Shilling means promoting any crypto coin through implicit advertising. Usually a shill someone who performs shilling , draws attention towards the coin, as a result of which its demand increases and the value is spiked.
Be it a decrease in price, or simply a gut feeling, they will not hesitate to sell and get out. They are easily shaken by market volatility. Someone who desires to absorb every bit of information about cryptocurrency. Disclaimer: Cryptocurrency is an unregulated space and digital currencies are not backed by any sovereign authority. Investing in cryptocurrency comes with market risks. This article does not claim to provide any kind of financial advice for trading or buying cryptocurrency.
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Written by Mehab Qureshi Pune November 20, am. The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
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10 cryptocurrency terms people use every day
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What does HODL mean? And 5 top Bitcoin slang terms explained
Two common theories have come up to try and explain what the term HODL mean in cryptocurrency. The first theory states that the word is merely a misspelling of the term HOLD, which describes buying and storing your cryptocurrencies until the price is higher than the initial price. But the origin of HODL is quite dramatic. GameKyuubi was ranting about how he was a bad trader and why he was holding instead of selling like everyone else was. If you try to sell when the market is up and buy when it is down, it will end badly for you, or so did at least GameKyuubi reason. GameKyuubi realized that he did not have the necessary skills to day trade and therefore needed another strategy. Within an hour of posting, the word HODL went viral and soon made its way into memes and other lighthearted posts about cryptocurrencies. As a result, HODL is now an official trading term that many cryptocurrency investors use. HODLing refers to the action of holding investments despite falls in price. It can also be used to refer to investors who have a strong conviction regarding a specific currency and intend to hold their investment for a long period of time.
What Does HODL Mean In Crypto? – The History of Hodlers
Here's what the word means in the cryptocurrency and financial world, and why it's not misspelled. Often this involves holding onto the crypto assets you own for an extended period of time, even throughout a very volatile market move. You will often see the term in various cryptocurrency forums and social media circles. This investment method consists of buying a financial asset and holding it for an indefinite period.
Investing in cryptocurrency? Here are some crypto slang you need to know
The cryptocurrency was invented in by an unknown person or group of people using the name Satoshi Nakamoto. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity and thus carbon footprint used by mining, price volatility , and thefts from exchanges. Some investors and economists have characterized it as a speculative bubble at various times.
What Does HODL Mean? A Complete Dictionary to Cryptocurrency Lingo
Cryptocurrencies are growing bigger and bigger by the day, and it is more popular than ever before to trade in these virtual currencies. The most well-known cryptocurrency out there is Bitcoin. Bitcoin was the trigger that started the cryptocurrency trend, and it is common to associate crypto with Bitcoin. The increase in interest also results in new creative strategies such as, for example, hodling. The value of Bitcoin is continually changing, but the increase in value since its inception is quite staggering. Following this, the value of Bitcoin has continued to hover around levels previously inconceivable. We have seen several ups and downs for Bitcoin throughout the years, and they can be very drastic. This poses a significant problem for investors since it means that the risk is higher.
HODL your horses, cryptos face possible hurdles ahead, experts say
But, of course, you had no idea what they meant. Well, in this article, we will discuss precisely what HODL in cryptos means. Essentially, HODL in cryptos means to hold on and not sell your cryptos.
If you spend time talking to cryptocurrency enthusiasts, you may have been told to HODL your bitcoin. Although just a spelling error at the time, HODL has become an ideology for many crypto investors. Investors who took this advice in bought Bitcoin in the 3-digit range and have HODLed their bitcoin ever since. If Bitcoin does become a mainstream commodity like precious metals, then each bitcoin will trade for 6 figures. Because 21 million bitcoin will ever circulate, the price will continue to rise as long as more people and institutions recognize Bitcoin as a store of value. If Bitcoin becomes a mainstream reserve asset, HODLing your cryptocurrency could give you massive returns.
Unlike most etymology, we can trace this directly to the source. Generally, the term is only really used in the crypto world, where prices are super flaky and can drastically change at any point. The ethos and mantra, however, could be applied to any digital currency or even traditional stocks and shares. Good question. From there, at least every other comment was: HODL!
From FUD to Whale, understanding Bitcoin slang can give any investor community clout during the next Bitcoin bull run. HODL is one of the most frequently used slang terms in the Bitcoin community. Seven years ago today, at am UTC, an enthusiastic Bitcointalk forum user by the name of GameKyuubi posted a semi-intelligible tirade after a few drinks, he admits about an unfortunate Bitcoin trading decision he made during a volatile price rally in December
Test, senks to the writer
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