Not exact matches
Over the weekend I penned an article implying that the last 10 years of investing prowess learned under central banking largesse, has all been flipped on its head, resembling going from ease of buying - the - f» n - dips (BTFD) to now resemble the
crypto - space and their mantra known as hold - on - for - dear - life (
HODL).
We worry about exchange rates, whether to sell off or
hodl, and the ongoing up - and - down of
crypto prices.
When you see
crypto people tell each other to
hodl or make
hodl jokes, they're referencing this apocryphal posting to the Bitcoin Forum way back in December 2013:
You can see the term
hodl in
crypto discussions everywhere.
While past performance is of course no guarantee of future results, we've analyzed the last 16 months of action in digital tokens to shed light on what to expect if — as
crypto diehards say — you decide to
HODL (hold) despite the FUD (fear, uncertainty and doubt).
We believe there should be a way for
crypto holders to
HODL coins while still leveraging their
crypto assets and helping other
crypto holders.
hodl was an accidental typo for hold in a bitcoin forum about holding onto one's
crypto assets long term, in an effort to support the project's long term vision vs making a quick buck day trading coins in a speculator fashion.
We believe there should be a way for
crypto holders to
HODL coins while still leveraging their
crypto assets and helping other
crypto holders.
Note, if you are a
HODL» r you don't have to claim anything until you sell or send your
crypto.
Hodl Hodl is another peer - to - peer
crypto exchange that allows users to trade directly with each other, without holding user funds.
If you simply wish to buy and invest long - term, or as the
crypto - community likes to say
HODL (hold on for dear life), then purchasing on exchanges and simply leaving them on sites like Coinbase is fine.
One of the prevailing «memes» in the
crypto - community today is «
hodl,» a deliberate misspelling of the word «hold,» which reflects what most cryptocurrency investors are doing with it nowadays.
Those who
hodl'd obviously knew not to be worried, be scared, or feel the need to sell when the price shifted downward by a significant amount, because those who are not new to the
crypto - community know Bitcoin's price moves like the best roller coaster at your favorite theme park.
As anyone who's been ripped off by a bitcoin scam artist can tell you, how you buy, sell,
hodl or otherwise transact in
crypto is a matter of who to trust with your private key.
We worry about exchange rates, whether to sell off or
hodl, and the ongoing up - and - down of
crypto prices.
When an investor / user is not sure about how they are going to be taxed when they sell their
crypto, or about the mere legitimacy of their use of
crypto, they will most likely steer clear of it altogether or just
hodl until further notice.
HODL is the golden principle of
crypto investing, which we preach and likewise practice in our Bitcoin price predictions.
There's also graffiti on the wall that says «
Hodl 4 Life,» which has become a motto for veteran bitcoin investors that urges
crypto holders to remain strong and hold onto their coins no matter how low price falls.
After reading through the list below, you will at least know what to do when someone tells you to buy a certain
crypto and
HODL!
The best tip for
crypto traders and investors for 2018 is
HODL.
I would also remind you that if you are planning to Buy
crypto and
HODL them for long - term, then do not to make the mistake of storing them on the exchange.
CanYa, the
crypto powered peer - to - peer app for outsourcing local goods and services, has recently announced an update to their popular
HODL Club.
Just as they say in the
crypto world —
HODL!
Over the course of this coming weekend most experts are predicting a few more dips in value, so it may be time to brace yourself against the onslaught and «
HODL» (
crypto - nerd speak for «hold») out for another surge.
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