Hodlers

What Does Mean by Hodlers?

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"Hodlers" are cryptocurrency investors who adopt a long-term holding strategy, often regardless of market volatility or short-term price movements. The term originated from a misspelled post on a Bitcoin forum in 2013, where an investor declared they would "hodl" instead of sell during a market downturn. Since then, it has become a popular mantra for those who believe in the long-term potential of cryptocurrencies.

What it Means in the Crypto Context

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In the cryptocurrency ecosystem, hodlers are often viewed as the backbone of the market. Their commitment to holding assets for extended periods can help stabilize prices during downturns, as they are less likely to contribute to panic selling. Hodlers typically focus on the fundamental value of a cryptocurrency rather than short-term price fluctuations, aligning with a belief in the future growth of blockchain technology and its applications.

How to Use the Term

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You might say, "Hodlers are not swayed by market dips; they believe in the long-term vision of their investments," or "Many new investors are encouraged to adopt a hodler mentality to weather the volatility of the crypto market." Using "hodlers" in conversation can emphasize the importance of patience and conviction in cryptocurrency investing.

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