Hodl
Definition, Meaning & Examples
Pronunciation /hɒdl̩/ · Part of speech verb
Quick meaning: Hodl is a verb meaning (neologism) To hoard a kind of cryptocurrency, especially bitcoin.
Meaning
(neologism) To hoard a kind of cryptocurrency, especially bitcoin.
Example Sentences
Bitcoin price continues decline. If you're hodling, bite your government passbook.
But even those with the stomach for hodling must avoid an even bigger issue — hacking.
Cryptocurrency veterans love to “hodl,” aka store their virtual loot as a long-term investment. But digital currency wasn't only made for hodling.
Buy and hold strategies for Bitcoin ("hodling" as it called) is likely to have far lower returns, even if the future is positive, and traders will lose the volatility that has made Bitcoin trading so profitable.
Word Forms
- hodls
- hodling
- hodled
Related Words
Related dictionary entries include uphoard, hollup, holup, hild, hold'st, dishoard.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.