Hold On for Dear Life?
The term "HODL" in cryptocurrency originates from a typo on a Bitcoin forum post. In 2013, a user, "GameKyuubi", mistakenly typed "HODL" instead of "hold" in a post expressing frustration at the price volatility of Bitcoin and their decision to continue holding their investment despite the market swings. The typo became a meme and has since evolved into a popular term in the crypto community, representing a long-term investment strategy of buying and holding assets instead of selling, even during market downturns."Â