19 November, 2020

HODL

Who said HODL for the first time?


December 18, 2013

This is how Hodl started, in a Bitcointalk forum post, by user GameKyuubi, he said why he was still "hodling" (unsold) in his post, "I AM HODLING", he already knew there was a misspelling, but decided that hodling was the best definition.

Since then, HODL has been used countless times to comment that in a price drop, don't sell, hold Hodl, or that the least risky way to own Bitcoin is with Hodl.

After that typo in the Bitcointalk forum post in 2013, the word became a cultural pillar. More than a simple misspelling, HODL represents the conviction that the value of Bitcoin will increase over time, regardless of daily volatility. Therefore, when facing a price drop ("dip"), the only valid strategy is not to sell and to hold the position.