Hodl meaning in crypto

hodl meaning in crypto

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But there are countless people examples of successful gains as a validation of a strategy it when it was high meanign bailing out after a.

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Is it legal to buy cryptocurrency in usa Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Your capital is at risk. Typically used by Bitcoin maximalists, a HODLing strategy is similar to the conventional buy-and-hold investing strategy. The first step for a beginner in the blockchain ecosystem is to find out where all the important conversations happen, including social media platforms and chat forums. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy.
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Super bowl bans crypto ads Bankrate logo The Bankrate promise. GameKyuubi wrote his post on the 18th, attempting to communicate that he was changing tact to his Bitcoin investment. Some influencers even encourage their followers to "hodl" various crypto tokens as part of their long-term strategy. An investor will acquire an asset to keep it over the long term. They simply HODL. Market conditions might also dictate when to sell. This compensation may impact how and where listings appear.
Hodl meaning in crypto If these goals are achieved, the coin holder can sell at any price in the market; otherwise, they continue to HODL. HODL is a term derived from a misspelling of "hold," in the context of buying and holding Bitcoin and other cryptocurrencies. Explore Investing. But these phrases have extended beyond crypto to other assets, such as stocks. In a zero-sum game such as this, traders can only take your money if you sell. Investing What is Bitcoin?

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The act of holding bitcoin, Ethereum, Dogecoin or other cryptocurrencies and refusing to sell. A rallying call in the crypto community to encourage people to. HODL is an acronym for "Hold On for Dear Life". It is used in the crypto ecosystem to refer to a strategy of holding onto bitcoin holdings. HODL stands for "hold on for dear life", the trendy term among cryptocurrency investors. Many would say it looks like nothing but a funny.
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  • hodl meaning in crypto
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