For those that are still not conversant with the word 'HODL', it simply means to hold onto your coins. Which means no selling, that way you do not lose anything if the price goes up.
HISTORY AND ORIGIN OF THE WORD
The word was first gotten from GameKyuubi, a bitcoin enthusiast who was supposedly drunk at the time.
GameKyuubi from Bitcointalk.org
I AM HODLING
December 18, 2013, 10:03:03 AM
I typed that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY. It’s because I’m a bad trader and I KNOW I’M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT’S GOING DOWN I’M GONNA SELL he he he and then they’re like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY’RE DOING buy back in but you know what? I’m not part of that group. When the traders buy back in I’m already part of the market capital so GUESS WHO YOU’RE CHEATING day traders NOT ME~! Those taunt threads saying “OHH YOU SHOULD HAVE SOLD” YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.
so i’ve had some whiskey
actually on the bottle it’s spelled whisky
w/e
sue me
(but only if it’s payable in BTC)
-bitcointalk.org
Even if the market is very bad at the moment, it is a time to have some faith in the crypto you invested and hope for the best. I know people who bought BTC when it was $1500 as well as sbd when it was worth $1,it has experienced some all time highs and some lows. Its just matter of being smart, i have been on steemit for just over a month now and it has opened my eyes and knowledge in the world of crypto. @exyle is my favorite cryptonews caster, his contents are usually top notch and i just try to get as much knowledge as possible because knowledge they say is power.
Below are the current prices of some crypto
