Hodl: In the Bitcoin community it is Meme No. 1. The mantra is stoic expression for the deep conviction about Bitcoin’s assertiveness. Because being Hodler is an obligation; selling the crypto positions is out of the question. The only thing allowed is to buy back. At least this is how it is written in the famous Hodler Manifesto. The term once Senior Member on bitcointalk.org “GameKyuubi” has coined the term, which, after “some whisky”, was apparently no longer able to hit the “hold” right into the keys. In the semi-coherent post, he writes trading off that the market is not timable anyway. The rest is history.
It’s high time to dedicate an article to Bitcoin formula Meme No. 1.
“Shit, Bitcoin formula crasht!” For Hodler, falling prices mean one thing in particular: shopping time! Instead of falling into panic, the Hodler von Welt is happy about the discounts on Bitcoin. Because Hodlers are not here for the quick profits, they hodl because they know: winter follows spring.
HOLD on bitcoin warriors!!
Watch this video on YouTube.
“You should sell real slow.”
Hodlers don’t sell. Never, never ever. They wait stoically for the time when they can do their daily shopping with Bitcoin.
In short: Bitcoin trader think long term
They don’t trade, Bitcoin trader hold. Hodling makes life easy, because even experienced Bitcoin trader often overestimate market timing. Anyone who dares in these dark times is welcome to take a look at our price index.
“Maybe Bitcoin Cash is the real Bitcoin after all.”
Hodlers are loyal to their currency. FOMO buying from rising stars in the crypto cosmos is taboo. Only purchases of the favourite currency are allowed. Hodling is a way of life, not an investment strategy. Once decided, Hodler no longer deviates from “her” coin. Exorbitant price gains of Rising Stars are demonstratively ignored, because the mean Hodler is confident: In the long run “my” coin wins.