How the HODL investment strategy and buy-and-hold investment strategy unite Baby Boomers and crypto bros
If you bought $1000 worth of bitcoin in early 2014, it would be valued at more than $200,000 today. That’s assuming that you (a) held on to it and (b) consequently stomached some eye-watering price reversions along the way.
As it turns out, a typo would become shorthand for this sort of suck-it-and-see investing experience: a post in an online crypto forum in 2013 titled “I AM HODLING” would accidentally birth the “hold on for dear life” – or HODL – moniker.
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