Sentences with phrase «term hodl»

Many reading will likely already be familiar with the term HODL.

Although storing bitcoin in Software Wallets like Desktop Bitcoin Wallets or Mobile Bitcoin Wallets can be a solution to above problem, still it is not suggested for those who wish for Long - Term HODL!!!

You can see the term hodl in crypto discussions everywhere.

Not exact matches

Once you buy bitcoin using any of the methods above, you can choose to spend it or hodl it for long - term investment.

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.

I think its a great opportunity to start building a position for a longer term hold, or hodl.

Most veteran bitcoin users «hodl» their digital wealth, aka store it as a long - term investment.

HODL - HODL is a slang trading term that means holding on to a cryptocurrency for the long term rather than selling it for a profit when it hits a certain valuation.

One interesting fact is that HODL is not an acronym but rather a term based on a misspelling of the word «hold» due to an infamous typo by a bitcoin trader in the earlier days of the cryptocurrency.

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.

HODL is a key term on the growing list of cryptocurrency related slang.

Cryptocurrency veterans love to «hodl,» aka store their virtual loot as a long - term investment.

Many users «hodl,» or store their cryptocurrency as a long - term investment they don't plan to touch for many years.

A charge levied against the accounts of investors who don't use their digital currency for transactions, but just leave it sitting as a long - term investment (HODL).

After shooting up almost 4000 % in June of 2017, cryptocurrencies were being mentioned in Vice articles, everybody was trying to figure out how to set up a Coinbase account, and the term «hodl» had an increased search percentage of about 50 %.

People generally used a term — «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.

However, for long - term «HODL» it's recommended to use a Hardware wallet or a paper wallet.

(«Hodl» is a slang term used in the Bitcoin community meaning «hold on to» the cryptocurrency and not sell.)

HODL (Hold On for Dear Life): HODLing or holding on for dear life viz. holding your Bitcoin for the long term, is the opposite of actively trading Bitcoin or holding Bitcoin for short periods of time.