What does hodler mean in the context of cryptocurrency?

3 answers

• Dec 18, 2021 · 3 years ago
  A 'hodler' in the context of cryptocurrency refers to someone who holds onto their digital assets, typically Bitcoin, for a long period of time instead of selling them. The term originated from a misspelling of the word 'holder' in a Bitcoin forum post in 2013, where the user expressed their intention to hold onto their Bitcoin despite market fluctuations. Since then, 'hodler' has become a popular term in the cryptocurrency community to describe long-term investors.
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• Dec 18, 2021 · 3 years ago
  Hodler, in the context of cryptocurrency, is a term used to describe individuals who have a strong belief in the long-term potential of a particular digital asset, such as Bitcoin. It signifies their commitment to holding onto their investment regardless of short-term price fluctuations. The term 'hodler' has gained popularity due to its misspelling origin, which has become a humorous and endearing way for cryptocurrency enthusiasts to refer to themselves as steadfast holders of their digital assets.
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• Dec 18, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, a hodler is someone who believes in the long-term value of a digital asset and chooses to hold onto it rather than engaging in frequent trading. The term 'hodler' originated from a typo in a Bitcoin forum post, and it has since become widely adopted in the cryptocurrency community. Hodlers are often seen as investors who have a strong conviction in the future of cryptocurrencies and are willing to weather market volatility for potential long-term gains.
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