@Jane
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Why HODL not HOLD?
**December 21, 2020** **Have you ever thought why is it called HODL not HOLD?** That was the first question I asked myself when I first heard about HODL. Did they misspelled it? For sure you guys thought the same too. So let me share to you why it's called HODL. In fact, it's having its anniversary this month.
The term HODL originated in December 2013 Bitcoin Forum post by a user named GameKyuubi. The entry was entitled **"I AM HODLING"** and followed by the first sentence ***“I type d that tyitle twice because I knew it was wrong the first time"***. It was obvious that the user was drunk at that time of posting as it was loaded with typos and in all caps phrases. In that post, he ranted regarding his poor trading skills. The price of Bitcoin was also plummeting at that moment, and because of his frustration he made that post and planned to just hold his Bitcoin. His post also stated, ***“You only sell in a bear market if you are a good day trader or an illusioned noob,” and “In a zero-sum game such as this, traders can only take your money if you sell.”*** The post rapidly circulated among the crypto community and the mispelled "**HODL**" turned into internet slang to imply when a crypto user prefer to hold Bitcoin instead of trading it. The term was later considered as traders' strategy given the volatility of the crypto market. "**HODL" refers to a buy-and-hold situation where hodlers hold their crypto and stop from trading when the crypto price value plunges. The hodlers are safe from trading inclinations - whether buying at a high price or selling at a low price.** And this term "HODL" often backronymed to "**Hold On Dear Life**". It also becomes the "**favorite mantra"** for crypto holders during market routes. Source: https://www.coindesk.com/the-history-of-hodl-bitcoins-best-worst-trader?amp=1 **So guys, what do you plan to do to your crypto now that almost all coins are going down?** 🤣🤣 **To HODL or not to HODL?** I wanna know your answers below. 😊 Seriously, I was so busy the whole day and feel sad at the same time seeing my favorite crypto going down, AGAIN. Many were hoping it to reach $400, but, you know what happen. 🤣🤣 Hayst. And the @TheRandomRewarder ? Hopeless... 'Itutulog ko nalang to. Lol' `Lead image from privacypros.io`
39 comments
It was just a spelling mistake that cached well and become a catchphrase
True.. This guy is famour now for being the creator of HODL. Lol.. I saw one of the his video, it seems like he always drink 🤣🤣
At a smaller scale, now everyone calls Rusty the random reward bot 😎
Lol.. Yeah i heard some calling him rusty
Hey there, is Zilliqa good to hodl? I have it in my spot account. Just asking for your insights since I read some of your article about ZIL.
I think they doubled in value over the last 15 days. The project has future and yes...it's good to HODL. I staked them on Atomic Wallet to multiply them and also get gZil, governance token. How many you have?
Yeah, they are doing great recently. I only have a little 😆 I see that it's pumping. Thanks for your confirmation..
Did you buy it or got it for free?
I bought it hahaha twt lang free 😆
Mganda b bumili nyan?
na sell ko na rin eh hahaha pero maganda ata hold yan dyor ka na lang. Si PV endorser nyan haha
Nkakastress nga crypto ngayon ay
kaya nga pahinga muna ako sa trade haha next year na lang ulit
Ako dn.. Ubos lahat profit ko sa trading. Sa trading dn nalugi 🤣🤣
hahahaha ganon daw talaga part of learning curve ang ma lose 🤣
Thanks for this piece. I never imagined there was a story behind the word.
Haha. Now you know
A very interesting story, I didn’t know that a spelling mistake in an alcoholic state, led to this.
I already read this last day on facebook page😆 sana kapag nagkamali ako ng spelling sumikat din lol just kidding😆 the bot is also hopeless it's not visiting me after the contest😆
It visited this articl lol..but.my previous one dont have 😢
I also have 2 articles that the bot didn't visited😆 The bot is picky:(
Haha i feel you. 🤣 I also thought it was mispelled. Now i know the story behind. As for BCH.. Well it's like a spinning wheel.😅
I think there is something wrong with the system.. Wrong upvote 🤣🤣
Maybe the bot was drunk as well. 😁
Hahaha! I am Hodling too. After buying at a high price (like what I always do when I get FOMOd), I am left with no choice. Gusto ko pa naman magtrade kasi parang alam ko na strategy, kaso traydor ang market. So hodl nalang din. 😂😭
Wag ka magtraden kpg volatile ang market. Nalugi ako $17 the other day sa future. Kya stop muna ako..spot lng muna
Ate Jane ask ko lang, nakapagbuy ako nung isang araw bago mag uptrend si bch nakabuy ako sa 314 tapos kada tumataas sya ng $1+ sinaswap ko kagad yung profit tapos ngayon nasa 355 yata pero yung capital ko bumagsak pa din eh mas mataas pa yung 314 sa 355. Hehehehe gets nyo po ba ibigkongsabihin?😆
Hindi na talaga. Hahaha! -$200 na PNL ko. Nakakaiyak pero itatawa nalang. 😂 HODL is the key. Hahaha
Ano nga meaning ng PNL? Diba pa achieve ka na sana sa goal mo? -$20 na lang dapat yun dba tas biglang eto na naman. 😅
Profit and Losses po. Hahaha! Bale -$200 ako sa Binance, tapos -$137 naman ako sa Btc.com. Hahahaha! Pinapaasa at pinagtritripan ako ng market. 😂🤦♀️
Oucchhh.. Mapapaiyak ka talaga niyan.. Yan yung tipong wala kang bf pero heartbroken ka pa rin.. 😅😅 Pero wait na lang natin ang mga susunod na kabanata ni BCH.
Yes, i thought at first that it was a typo.. Then i realized people are using the term instead of the correct spelling.. I didn't use the term at first coz i don't know what that means until I read an article that explains it very well.. From then on, confident na ako sa term na HODL.. And yes, kapit pa rin! Laban lang kahit sobrang baba ng kinabagsakan. 🤣🤣🤣 - $13.. Btw, balak ko iswap yung slp ko sa btc ngayon kasi nasa 307 na.. Pero saka na siguro pag bumaba pa.. Kahit 299 man lang. 😅😅
D natn alam kung bababa pa yan.. Pilit n lumalaban si bch 🤣
It was just spelling mistakes driving by too much emotions because of failure trades 😆 and became a catastrophe in crypto space then, they give meaning which is “hold on for dear life”.
Gansa rn ng backronym na hold on for dear life . pwd maapply sa real life 🤣
Lol. The funniest part is, ever since I've been into crypto I've not even for once think about finding out the reason why it's called hodl instead of hold. Nice one dear
Now you know 🤣🤣
To hodl cuz that's the only thing i can get right rn 😂😂😂 so that's where the term came from lol. Wjo knew drunk slang could become that big
True.. And this man become famous lol