HODL Meaning: A 2013 Typo and a 146-Fold Bitcoin Gain Since

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.HODL means holding cryptocurrencies for the long term, even when the price collapses. Where the term from the Bitcoin forum comes from, what holding has delivered since 2013 and why it matters for tax in Germany.HODL means holding on, even when it storms.Add as a preferred source on GoogleFollow on Google NewsHODL means buying cryptocurrencies and holding them for a long time, even when the price falls sharply. The term comes from a typo in a Bitcoin forum in December 2013 and was only later reinterpreted as the acronym “Hold On for Dear Life”. When people say HODL, they mean an investment strategy: betting on a long time horizon and sitting out short-term price swings. For investors in Germany, holding has a second, very practical core. Under current law, anyone who holds coins as private assets for more than a year can sell them tax-free. That makes HODL more than a meme of the crypto community. The term lies behind many decisions to buy on a crypto exchange or through a savin...