Hodler refers to someone who buys and holds onto their cryptocurrency investments rather than selling them. The term originated from a misspelled forum post in 2013, where a user posted “I am hodling” instead of “I am holding.” Since then, it has become a popular catchphrase in the community.Hodlers believe in the long-term potential of their investments and often disregard short-term price fluctuations. This approach is based on the idea that, over time, the value of cryptocurrencies will increase significantly. Hodlers often emphasize the importance of patience and commitment, contrasting with traders who frequently buy and sell based on market trends.The strategy can be seen during market volatility, where those who hold onto their assets may avoid panic selling. While this method can lead to substantial gains if the market performs well, it also comes with risks, especially if the value declines. Ultimately, being a hodler involves a specific mindset focused on long-term growth rather than quick profits.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious