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HODL

Beginner

HODL is a popular term in the crypto world that means holding onto assets for the long term. It originated from a misspelt forum post but has evolved into a strategy among investors who believe in the future of cryptocurrency. Rather than selling during market dips, HODLers keep their cryptocurrencies and ride out the volatility, aiming for higher, long-term gains. It reflects patience and conviction, often used during uncertain times in the market. While not suitable for everyone, HODLing is viewed as a way to avoid emotional trading decisions and stay committed to the technology’s potential.

Related Words

Hash Function

Advanced

A hash function converts any input into a fixed-length string of characters, creating a unique digital fingerprint. It plays a vital role in securing data, linking blocks, and enabling digital signatures in decentralised systems.

Hot Wallet

Intermediate

A hot wallet is connected to the internet, making it ideal for daily transactions. While convenient, it's more susceptible to hacks than cold wallets. Examples include mobile and web-based wallets.

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