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.

Follow Us


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article