homecryptocurrency termsDIAMOND HANDS

Trading in Crypto

TikTok is rammed with get-rich-quick schemes based on the cryptocurrency market. However, despite all the innovation and potential for long-term growth with cryptocurrency, the market remains highly volatile. Yes, this offers the potential for high returns quickly, but it also means lightning-fast losses are also a possibility. If you're planning to trade, get familiar with the cryptocurrency terms, do your own research, and know the risks. Here is the term you're looking for:

DIAMOND HANDS means "someone who holds stocks adamantly."

More Detail...

Within the world of trading on the stock market and in cryptocurrency, DIAMOND HANDS is used to refer to investors who hold their position and refuse to sell. DIAMOND HANDS investors are in it for the long haul and are not panicked by drops in their asset value or tempted to make quick gains when prices rise. The origin of DIAMOND HANDS is unclear. It is thought to be either:
  • Because DIAMOND HANDS are as tough as diamonds and will not be damaged by price fluctuations.
  • Because DIAMOND HANDS investors hold until the stock becomes valuable, like a diamond.
  • A reference to the saying "don't try to catch a falling knife," which has long been used in stock market circles to advise against buying shares whose value is falling. (The implication being that someone with DIAMOND HANDS does not have to worry about being cut by the knife, because they are resilient enough to sustain the potential losses.)
The term DIAMOND HANDS is in common use on the subreddit (WallStreetBets WSB). It is typically accompanied by the emojis emojis depicting diamond hands

DIAMOND HANDS contrasts with PAPER HANDS (an investor who sells as soon as the stock price starts to fall).


When I write DIAMOND HANDS, I mean this:

meaning of DIAMOND HANDS

An investor with DIAMOND HANDS holds their stock or cryptocurrency, despite market fluctuations.

Summary of Key Points

"Someone who holds stocks adamantly" is, by far, the most common meaning for DIAMOND HANDS when it is used in a text. (Bear in mind that it could have another meaning if used in a different context.)
Definition:someone who holds stocks adamantly
Guessability:guessability level 4

4: Difficult to guess

Typical Users:typical user

Adults and Teenagers

Examples of DIAMOND HANDS in Sentences

Here are examples of DIAMOND HANDS in conversations:
  • Toni: What are you going to do with your shares? They are dropping like crazy!
  • Jo: I'm going to hold. These DIAMOND HANDS are in it for the long haul.
  • Ali: BITCOIN has doubled in value since yesterday. We should sell now.
  • Sam: You've gotta have DIAMOND HANDS on the way up as well as on the way down. Hold onto them. They will be worth even more in the future.

An Academic Look at DIAMOND HANDS

DIAMOND HANDS is a compound noun. i.e., a noun made from at least two words. Compound nouns can take three forms:
  • With spaces (e.g., diamond hands).
  • Without spaces (e.g., seafood).
  • With hyphens (e.g., dry-cleaning).
For more details see:

Example of DIAMOND HANDS Used in a Text

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