Hodl

Short description: Slang for holding cryptocurrency

Hodl (/ˈhɒdəl/ HOD-əl; often written HODL) is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it.^[1] A person who does this is known as a Hodler (baghodler, ex-hodler, landhodler). It originated in a December 2013 post on the Bitcoin Forum message board by an apparently inebriated user who posted with a typo in the subject, "I AM HODLING."^[2] In 2017, Quartz listed it as one of the essential slang terms in Bitcoin culture, and described it as a stance, "to stay invested in bitcoin and not to capitulate in the face of plunging prices."^[3] TheStreet.com referred to it as the "favorite mantra" of Bitcoin holders.^[4] Though originally used in relation to holding Bitcoin, it is now also used to describe holding other cryptocurrencies and tokens such as Ethereum.

References

↑ Shin, Laura. "Bitcoin And Taxes: If Not HODLing, Consider Donating" (in en). Forbes. Archived from the original on 2017-12-22. https://web.archive.org/web/20171222124446/https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating/.
↑ Kaminska, Izabella (22 December 2017). "The HODL" (in en). https://ftalphaville.ft.com/2017/12/22/2197074/the-hodl/.
↑ Wong, Joon Ian. "Buy and hodl, just don’t get #rekt: The slang that gets you taken seriously as a bitcoin trader" (in en-US). Quartz. Archived from the original on 2017-12-22. https://web.archive.org/web/20171222220057/https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/.
↑ Akhtar, Tanzeel (2017-12-22). "As Bitcoin plunges, cryptocurrency fans chant 'HODL' for comfort" (in en-US). TheStreet. Archived from the original on 2017-12-23. https://web.archive.org/web/20171223102117/https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html.

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[1] Shin, Laura. "Bitcoin And Taxes: If Not HODLing, Consider Donating" (in en). Forbes. Archived from the original on 2017-12-22. https://web.archive.org/web/20171222124446/https://www.forbes.com/sites/laurashin/2017/12/19/bitcoin-and-taxes-if-not-hodling-consider-donating/.

[2] Kaminska, Izabella (22 December 2017). "The HODL" (in en). https://ftalphaville.ft.com/2017/12/22/2197074/the-hodl/.

[3] Wong, Joon Ian. "Buy and hodl, just don’t get #rekt: The slang that gets you taken seriously as a bitcoin trader" (in en-US). Quartz. Archived from the original on 2017-12-22. https://web.archive.org/web/20171222220057/https://qz.com/878728/buy-and-hodl-just-dont-get-rekt-the-slang-that-gets-you-taken-seriously-as-a-bitcoin-trader/.

[4] Akhtar, Tanzeel (2017-12-22). "As Bitcoin plunges, cryptocurrency fans chant 'HODL' for comfort" (in en-US). TheStreet. Archived from the original on 2017-12-23. https://web.archive.org/web/20171223102117/https://www.thestreet.com/story/14429339/1/bitcoin-fans-chant-hodl-as-price-plunges.html.

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Hodl

Topic: Social

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References