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Hodl

Hodl

Part of a series on Cryptocurrency. [View Related Entries]

Updated Feb 05, 2018 at 03:23PM EST by Don.

Added Dec 22, 2017 at 01:43PM EST by Don.

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About

Hodl is an intentional misspelling of the word "hold," which is used among cryptocurrency enthusiasts when encouraging traders to resist the urge to sell one's holdings in response to market fluctuations. Following the term's surge in popularity online, the backronym "hold on for dear life" was subsequently attributed to the term.

Origin

On December 18th, 2013, Bitcoin Talk Forums[1] user GameKyuubi submitted a post titled "I AM HODLING," arguing in favor of holding his bitcoins during a crash. In response to the post, many users mocked the misspelling of the world "hold" in the post title.


Author Topic: I AM HODLING (Read 780317 times) GameKyuubi Sr. Member I AM HODLING December 18, 2013, 10:03:03 AM I type d that tyitle twice because I knew it was wrong the first time. Still wrong w/e. GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY A------ when the SMART traders who KNOW WHAT THE F--- THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME Those taunt threads saying "OHH YOU SHOULD HAVE SOLD YEAH NO S--- NO S--- I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero- sum game such as this, traders can only take your money if you sell Activity: 240 DTCXDASH so i've had some whiskey actually on the bottle it's spelled whisky w/e sue me (but only if it's payable in BTC) BTC: 15SLrNo6PKVfsH5JLtatJcVksQxCk1LXyq full stack Node

Spread

On July 20th, 2014, Redditor rafaelnorman submitted a post titled "what's HODL?" to /r/Bitcoin,[5] to which user bitskeptic cited the Bitcoin Talk Forums thread as the origin of the term.

On December 19th, 2015, Urban Dictionary[2] user netspider submitted an entry for "hodl," defining it as a prompt for "bitcoin users to avoid the temptation of selling off their coins once price starts rising."

On April 10th, YouTuber Bitcoin With Attitude uploaded a parody Bitcoin-themed rap video titled "BWA – HODL" (shown below).



On April 30th, 2017, an article explaining the origin of the term was submitted to the blogging site Medium.[3] On November 30th, the tech news site Inverse[4] published an article titled ''What Does 'Hodl' Mean? The Bitcoin Meme Causing a Storm on Reddit.''

Various Examples


JUST HODL IT. BTC ITRUST HOD MUST memegenerator.net HODL! SPOILER emecrunch.com
KEEP CALM AND HODL ON LLAM HODLING!! memegeneratornnet HODL

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External References

[1] Bitcoin Talk Forums – I AM HODLING

[2] Urban Dictionary – HODL

[3] Medium – What’s The Backstory On The Word HODL?

[4] Inverse – What does Hodl mean?

[5] Reddit – Whats HODL

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