A fork of Rural Dictionary
Holding bitcoin/altcoins for long term profits instead of day trading and taking quick smaller profits.
Originally used as 'HODLING' in a drunk forum post on bitcointalk.org by a user.
"I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.
so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)"
- user on bitcointalk.org
Dude, why did I sell and not HODL my BTC at 8K USD?
- Trader when BTC is at 15K USD
Taking an "L" on cryptocurrency.
Person A: "I invested in bitconnect..!"
Person B: hodl this L.
A counter-response to the "hodl" meme of Bitcoin-mania fame, which calls on crypto-currency owners to hold fast until their digital booty reaches the moon, "hodl your godl" suggests that what should be "hodled", rather, is gold (and other precious metals, like silver) to hedge against the inevitable inflation ahead. This one's for you, Pete! Hodl your godl!
A: Did you catch the market today? Gold dropped 2% and is bouncing around $1880/ounce while Bitcoin at last surpassed the $18k mark and appears to be on its way back up to its historic highs.
B: Yeah, I saw that. But that's all just "for now." If you're smart, you'll sell your Bitcoin and hodl your godl!
"Hodl your godl!" is a counter-response to the call by proponents of digital currencies to "hodl" -- a typo of "hold" that has reached viral meme status worldwide -- onto Bitcoin and other crypto-currencies. Mirroring the "h-o-l-d" to "h-o-d-l" pattern of the original fat-fingering, "g-o-d-l" likewise follows the same rearranging of the letters of the word "gold". "Hodl your godl!" is therefore a call to hold onto gold with the expectation that gold (and other precious metals such as silver) will hedge against the inevitable inflation ahead.
This one's for you, Pete! "Hodl your godl!"
A: Hey, did you check the market today? Gold is down 2% bouncing around $1880 an ounce, and Bitcoin is nearing historic highs again! It just hit $17,600!"
B: Yeah, I saw. But that's all just for now. If you're smart, you'll hodl your godl!