What is HODL strategy?

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.

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 .

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.

‘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.