[Ads-l] hodling and hodl (crypto jargon)

[Barretts Mail]

https://www.reddit.com/r/Bitcoin/comments/6u2cyb/i_always_thought_hodl_stood_for_hold_on_for_dear/

A conversation on the origins, including a comment on why it's important as jargon 

Sent from my iPhone

> On Aug 5, 2017, at 20:03, Barretts Mail <mail.barretts at gmail.com> wrote:
> 
> I just noticed why the The New York Times was also mentioned in the tweet; an article in the paper appears to use a folk etymology.
> 
> https://www.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html
> Grandpa Had a Pension. This Generation Has Cryptocurrency.
> by Teddy Wayne
> 3 Aug 2017
> 
> For this reason, none of the investors I spoke with engage in short-term trading but instead choose, in the online parlance of cryptocurrency enthusiasts, to “hodl” (“hold on for dear life,” rather than sell off for temporary gains).
> 
> Benjamin Barrett
> Formerly of Seattle, WA
> 
>> On 5 Aug 2017, at 20:00, Barretts Mail <mail.barretts at gmail.com> wrote:
>> 
>> According to Dan McArdle (@robustus on Twitter), the term “hodl” was coined by GameKyuubi when drunk
>> 
>> https://bitcointalk.org/index.php?topic=375643.0
>> 
>> I AM HODLING
>> December 18, 2013, 10:03:03 AM
>> I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e. 
>> 
>> Benjamin Barrett
>> Formerly of Seattle, WA
>> 
>>> On 30 Jun 2017, at 20:23, Barretts Mail <mail.barretts at gmail.com> wrote:
>>> 
>>> Urban Dictionary has a November 2013 entry for “hodling” (http://www.urbandictionary.com/define.php?term=Hodling)”:
>>> 
>>> —
>>> The act of holding a store of value like stocks or virtual currency, most often bitcoin.
>>> —
>>> 
>>> 
>>> Squeeze @crytoSqueeze has just made a post (https://twitter.com/cryptoSqueeze/status/880985636173357056) with a meta-comment on this. The time stamp is: 8:05 PM - 30 Jun 2017:
>>> 
>>> —
>>> Dear @PeterLBrandt, I agree and we call it HODLING.
>>> —
>>> 
>>> This is in response to a tweet by Peter Brandt @PeterLBrandt: 
>>> 
>>> —
>>> Over the years my most profitable trades have been produced by HOLDING, not by active trading.
>>> —
>>> 
>>> The verb is “to hodl”.
>>> 
>>> LightningCoin @Lightning_Coin tweeted (https://twitter.com/Lightning_Coin/status/880649388976164864):
>>> 
>>> —
>>> I'm a noob, want to learn and really wonder why HODL if you can make extra +XX% on bounces. Still, I HODLed 100% of "old money".
>>> — 
>>> 
>>> Benjamin Barrett
>>> Formerly of Seattle, WA
>> 
> 

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