The 3 Main Lessons That HODLING Bitcoin Teaches You

Being a real Bitcoin HODLER will definitely change your life.

Illustration by In Bitcoin We Trust

The Bitcoin world is divided into two main categories: HODLERS and others! HODLERS are very special individuals who fundamentally believe in Bitcoin as a technology that can revolutionize the current dominant financial system and who will therefore accumulate Bitcoins by keeping them regardless of its price in the market. The term HODLER comes from HODL, a slang term that has become a hit on the Internet.

It all started on December 18, 2013 on the Bitcoin forum when a user, registered under the pseudonym GameKyuubi, posted a message that has been part of the legend since:

First appearance of the term HOLDING

When reading this user’s message, we guess that he must have been in an unnatural state and that he therefore made an error in the title of his message by inverting two letters within the word “HOLDING” and finally writing: “I AM HODLING”.

This post quickly had a viral effect and now people who believe in Bitcoin in the long term are called HODLERS quite naturally. Being part of the HODLERS is something very special in a market as volatile as Bitcoin. It goes without saying that this can put some people’s nerves to the test in prolonged bearish market conditions such as those experienced throughout 2018.

Nevertheless, the HODLERS hold their ground no matter what happens on the market and finally, they grow out of it thanks to 3 main lessons learned from keeping their Bitcoins at all costs.