HODL

Crypto slang for holding onto a position through extreme volatility rather than selling. The term originated from a misspelled "HOLD" in a 2013 Bitcoin forum post during a market crash and quickly became a rallying cry in the cryptocurrency community. It has since been backronymed to "Hold On for Dear Life." HODL culture reflects a long-term conviction strategy, though critics point out that stubbornly holding through a bear market can lead to devastating losses.