HODL (Hold On for Dear Life)
Long-term hold strategy, no selling.
HODL: typo of 'HOLD' from 2013 BitcoinTalk post. Strategy: buy and hold through full cycle (4 years), ignore corrections. Beats 80% of trading over 4+ years. Requires steel nerves to survive -80% bears.
In plain words
Strategy: buy and hold through the whole cycle, regardless of corrections. The name comes from a 2013 forum 'HOLD' typo. Statistically beats most trading attempts long-term, but requires surviving an -80% bear without exiting.
Example
Investor A bought 1 BTC at $1k (2013), HODL to 2024 = $70k (70x). Investor B traded, avg +5%/year = 2x in 11 years. HODL beats active trading long-term.
Also known as: HODL, hodl, holding