What does "HODL" mean? Hold On For Dear Life: ABCs of Crypto

*You often hear the term "HODL" in crypto communities, but what does it really mean?* In this quick 30-second video from the ABCs of Crypto series, we explain HODL: Hold On for Dear Life. It’s a strategy where investors keep their crypto assets despite market volatility, believing in long-term growth. Learn why HODLing has become a popular mindset for managing crypto investments and how it can help you stay focused during price swings. HODL was later retrofitted to be an acronym (backronym) for “Hold On for Dear Life” and refers to not selling, even during strong market volatility and poor market performance. #ABCsOfCrypto #HODL #CryptoBasics #hodlcoin #hold #binance #cryptoeducation *📚 Resources:* ➡ What is "HODL"? https://www.binance.com/en/academy/glossary/hodl *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.din.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial