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/Sounds like the letters "H" + "O" + "D" + "L" (spelled out)/

Meaning

Sounds like the English letters "H-O-D-L." Crypto strategy of holding onto a coin through all volatility, trusting its long-term value. Born from a typo of "hold" that became a rallying cry.

Examples

I only HODL, no matter what happens.

It dropped 40 percent but he's still holding.

Regional synonyms

In Spain, a country bumpkin or someone with rough, uncultured manners who seems completely out of their depth in urban life. Similar to "paleto" but slightly more dismissive and pointed. The word's origin is mathematical (cateto means leg of a right triangle) but its everyday use has nothing to do with geometry.