Long Term Holding, often referred to as HODLing, is an investment strategy centered on buying and holding assets for an extended period, regardless of short-term price fluctuations. Investors using this approach believe that the value of their investments will increase significantly over time.This strategy contrasts with trading, which involves frequently buying and selling assets to profit from short-term market movements. Long term holders usually focus on the underlying fundamentals of the asset, such as its technology, community, and overall adoption potential.By holding onto assets through market volatility, investors aim to benefit from longer-term trends rather than getting swayed by daily price changes. This method is often seen as a disciplined way to invest, as it minimizes emotional decision-making and reduces transaction costs.Long term holding can lead to substantial gains if the asset appreciates over time, but it also requires patience and a strong belief in the asset’s future potential. Overall, it is about looking beyond the present market conditions and having confidence in long-term growth.
Ripple, Absa Partner to Launch Digital Asset Custody in South Africa
Ripple has entered a strategic partnership with Absa Bank to provide digital asset custody services to customers in South Africa,