HODL

What Does HODL Mean in a Text?

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:

HODL means "Hold On For Dear Life (Cryptocurrency Term)".

More Observations...

The abbreviation HODL is used with the meaning "Hold On For Dear Life" as a recommendation to an investor in cryptocurrency to maintain their investment, even if the value is dropping dramatically. HODL is also used by investors as a statement of intent. Investors who HODL, do so in the hope or belief that the market will improve and they will make much bigger profits on their holdings in the future.

Image for HODL

When I write HODL, I mean this:

HODL: Whatever you do, don't let go!

Summary of Key Points

"Hold On For Dear Life (Cryptocurrency Term)" is, by far, the most common meaning for HODL when it is used in a text. (Bear in mind that it could have another meaning if used in a different context.)

HODL
Definition:	Hold On For Dear Life (Cryptocurrency Term)
Type:	Abbreviation
Guessability:	3: Guessable
Typical Users:	Adults

Examples of HODL in Sentences

Here are examples of HODL in conversations:

Charlie: Damn! The value of Bitcoin has dropped another 10%!
Jordan: HODL! It will recover.

Charlie: Bitcoin has dropped again. All the smart money is getting out. You should sell.
Jordan: No way! It will bounce back. I'm gonna HODL!

An Academic Look at HODL

As it is pronounced using its individual letters (i.e., "Aitch Oh Dee Ell"), HODL is classified as an initialism abbreviation. Initialisms are different to acronyms, which are spoken like words.