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Hold On for Dear Life (HODL) is a crypto investment strategy that teaches you not to panic when prices drop and to remain calm because HODL is long-term, so you don't need to worry about short-term market fluctuations.
Is There a Philosophy Behind HODLing?
HODLing isn't just an investment strategy for generating capital gains; it also shapes the investor's mindset, with the philosophy rooted in the belief that certain cryptocurrencies (especially blue-chip cryptocurrencies) will skyrocket in the long term, especially as crypto users grow, large institutions adopt crypto, and even countries use it as reserve funds. So, what do you think are the benefits of HODLing in crypto investing?
Is There a Philosophy Behind HODLing?
HODLing isn't just an investment strategy for generating capital gains; it also shapes the investor's mindset, with the philosophy rooted in the belief that certain cryptocurrencies (especially blue-chip cryptocurrencies) will skyrocket in the long term, especially as crypto users grow, large institutions adopt crypto, and even countries use it as reserve funds. So, what do you think are the benefits of HODLing in crypto investing?