HODL becomes a rallying cry in the midst of cryptocurrency crash
Cryptocurrencies are crashing. People are panicking.
The crypto faithful, however, abide by one word: HODL.
HODL, an intentional typo of "hold," has become the rallying cry for cryptocurrency traders in the face of this recent Bitcoin crash, which has extended to other popular coins like Ethereum and Litecoin.
It's an instruction for traders to, um, "hold" their Bitcoin instead of selling it.
There's a certain emotion to it, pointing to the steadfast belief of some that blockchain-based currencies will change the world — and generate a lot of value for people holding crypto along the way. "HODL" is being tossed around by the crpto crowd the way U.S. soccer fans chant "I believe that we will win." Read more...
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HODL becomes a rallying cry in the midst of cryptocurrency crash
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Thursday, January 18, 2018
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