What Is HODL In Crypto Verse?

 HODL is one of the terminologies in the crypto-verse. But don’t you think it is a misspelled version of a word that means hold. But the word now has become a very popular slang in the crypto-verse. The definition of HODL means a strategy of purchasing and keeping the BTC or any other digital currencies. 





Origin Of The Term


HODL first originated eight years ago on the Bitcointalk forum via a post by a person named GameKyubbi in a drunken state saying I AM HODLing. He expressed his being a bad trader and made repeated mistakes. In 2013, the Bitcoin price increased from January to December from $15 to $1.1K. It was a big year for Bitcoin as a cryptocurrency. 


Some Of The Top Cryptocurrencies To HODL


There are some cryptocurrencies you can refer to HODL including:


  • Lumen: Lumen also represented as XLM is a cryptocurrency of Stellar blockchain system for payment. 


  • EOS: It is also another cryptocurrency that EOS belonging to EOS.IO blockchain acquainted with smart contract features.


  • Litecoin: Also represented as LTC is also listed in the category of those digital currencies that can be referred to for HODLing. It was founded by the ex-employee of Google, named Charlie Lee.


  • Ethereum: Considered as the second most cryptocurrency after Bitcoin is also a deserving name to HODL. 

Comments

Post a Comment

Popular posts from this blog

Get All The Steps To Mine Ripple Coins Only On Cryptoknowmics

Image
  Ripple has been in the crypto market for years and many people have invested in it. For short-term and long-term trading, this cryptocurrency is a great choice. Also, a thing that makes Ripple a unique one is that it introduces a decentralized system for cross-border transactions. The ability was not introduced with Bitcoin, Ethereum, Litecoin, and any other popular crypto. Ripple cannot be mined by individuals because Ripple Labs handle all the mining processes. However, those who are looking for the answer on how to mine ripple coins can come and find out it on Cryptoknowmics. Ripple cannot be mined directly and there exist other ways to deal with it.  Cryptoknowmics tells you exactly how to do that with your smartphone, laptop, or mining rig. Cryptoknowmics is the only platform that comes up with the most updated information on the world of blockchains and cryptocurrencies. No platform is better than this one as it has reputable experience and loads of achievements in th...
Read more

Some Of The Best Crypto Wallets & Exchanges

Image
  Besides knowing about digital currencies, you must also be concerned about their safety from being hacked. And your solution lies in a cryptocurrency wallet and exchange . They come as the best solutions in storing your crypto assets safely. It is just like you keep your money in physical wallets or piggy banks.  These digital wallets enable users to send cryptocurrencies to whomever they want to. Or can even get or do trading with them. Digital wallets come in different varieties.  Where some are supportive of solo cryptocurrency, others supportive in holding multiple crypto coins including BTC, ETH, BCH, LTC, and many more.   All these digital mechanisms ensure the user has ownership of his/her crypto assets. Only they are supposed to access the funds by adhering to security provisions and robust passwords.  They can even visualize their crypto wallets by their usual computing devices or even by mobile handsets.  Ideal Use For Businesses Crypto wal...
Read more

Which Is The Top Stable Cryptocurrency In Crypto Verse

Image
  If being asked to name the one that became the trendsetter of new financial technology called cryptocurrency around the world, then the answer would possibly come as Bitcoin. This digital cryptocurrency operates upon the digital ledger system blockchain.  Basic Idea Of Cryptocurrency Bitcoin can be called the underlying factor behind the rising wave of cryptocurrency in the new economic era. For those who still do not have much idea about it, they must know the meaning of crypto first.  The word ‘crypto’ indicates a special complex technique called cryptography that leads to generating of digital currencies and their processes plus the transactions through the structures that are decentralized in nature.  Altcoins After Bitcoin became the global famed crypto coin, the wave of new digital money did not end there. It continued with more array of alternate cryptocurrencies that came after it.  These coins were given a special name which is altcoins. The meaning i...
Read more