Hodlers
Part of speech: noun
Definitions
- People who keep hold of cryptocurrency for a long time rather than selling it during market swings
- Investors who refuse to sell their digital coins over long periods, even when prices fall sharply
- Those who stubbornly retain cryptocurrency investments long term instead of trading them away
Etymology: "Hodlers" is the plural of "hodler," a noun for a cryptocurrency investor who holds on to coins for the long term rather than selling during price swings. The noun is built from "hodl" plus the suffix "-er," which marks a person who does something. The base "hodl" is itself a deliberate misspelling of "hold," the verb meaning to keep something in your possession. The story of the base word is the interesting part. "Hodl" first appeared in print in a 2013 forum post on the Bitcoin Talk site, where a user typed "I AM HODLING" in a message about not selling during a sharp price drop. The typo was likely accidental, but the community embraced it as a rallying cry, and it spread through crypto circles as a shorthand for holding firm against volatility. From there the verb turned into a noun, and "hodler" became the name for anyone who adopts that patient, never-sell approach.
Synonyms: holders