Am I a 'HODL' Trader?!

Modified on Tue, 07 May 2024 at 04:09 PM

HODL stands for "Hold on for dear life" and is a term that refers to an investment or a trader who buys digital assets and holds them for a long period, such as years, as they believe that such assets will grow in the future and will give them bigger profits. Thus, this type of investment is suitable for investors who do not have much time to observe the market and are willing to take risks from price volatility.

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