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How HODLing Became A Popular Wrong-Spelt Term In The Crypto World

 


There might be mixed views among the people regarding the legal usage of cryptocurrencies. Still, it has managed to be in existence amid all odds including bans and regulations in countries like China, Columbia, Vietnam, Russia, Ecuador, and Bolivia. But there are countries where dealing in digital currencies is not taken as a crime. 


These are Australia, Canada, the United States, El Salvador, and European Union. India can also be listed as a pro-crypto nation. But here also it faced the ban in 2018 by the Reserve Bank of India. But in 2020, the Supreme Court of India uplifted the ban and brought big cheers to crypto lovers. 


When we come to explore the crypto world, we come across several terminologies. One such is HODL. This term seems to be weird in terms of its wrong spelling, still, it is a popular terminology in the crypto sphere. It is interesting to know how this term became important in the crypto world. 


It all began when a drunken trader named GameKyuubi made a post on the Bitcoin forum indicating his poor trading skills.


What Does the Term ‘HODL’ Mean Actually?


If you want to know what HODL is in crypto, then it means holding a cryptocurrency rather than selling it. In short, it is a miss-spelled word of correct word Hold.


Cryptoknowmics

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