HODL is a term commonly used by cryptocurrency investors that refuse to sell their cryptocurrency regardless of the price increasing or decreasing . It is more frequently used during a bear market when people refuse to sell their coins despite the price drop.
Read moreIs HODL a good strategy?
Due to their highly volatile nature, cryptocurrencies provide great opportunities for traders to build up long and short positions frequently. However, “hodling” can provide more safety to investors, as investors are not exposed to short-term volatility and can avoid the risk of buying high but selling low .
Read moreWhat is HODL strategy?
HODL is an investing strategy in which individuals purchase cryptocurrencies and hold them for a long period of time . This allows investors to take advantage of an increase in the value of the asset.
Read moreWhat is HODL meme?
‘Hodl’ is the most iconic meme that exists in Bitcoin today . It is both timeless, beloved and demands appreciation from all crypto lovers. It is a word used to describe the true lovers and supporters of a coin. It is a word used to encourage those that are battered from the beatings of a bear market.
Read moreWhat is Wagmi crypto?
#WAGMI stands for ‘We are all gonna make it ‘. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope.
Read moreWhat does PAMP it mean in crypto?
Launched on 31/05/2020, Pamp Network (PAMP) claims to be the world’s first price-reactive cryptocurrency. Holders are rewarded when the price increases and sellers are penalized when it does not. The token adjusts its inflation rate based on market activity.
Read moreWhat does GM in crypto mean?
The acronym “GM” typically stands for “Good Morning .” GM Wagmi is a project that takes inspiration from this greeting, having created a whole new token to spread positivity and make the crypto space a better place. It’s one of the newest ways for members of the crypto community to greet each other.
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