19 high of almost 67000 bitcoin fell 9000. Hedge funds using high leverage and derivates have attempted to use the volatility to profit from downward price movements.
Hodl is a meme created in reference to holding as opposed to selling during periods of volatility.
Bitcoin meme hodl. There are those who believe its an acronym for hold on for dear life and then there are those who got into crypto before 2017. Now its become a meme of sorts so that when the prices are highly volatile bitcoin buyers say hodl saddington describes himself as a long term hodler 2. Hodl is a slang in the crypto space that refers to the act of buying and holding bitcoin.
Adausd cardano shiba inu bitcoin dogecoin ethereum and cardano emerge most watched cryptos of 2021 the dog based meme coin shiba inu shib has been very popular for the greater part of this. The massive address holds just above 38 billion in overall crypto assets including nearly 50000 eth worth 192 billion 387 million ftx tokens ftt worth 147 billion and 105 million of stablecoin tether usdt worth 105 million according to eth search engine etherscan. Within an hour hodl had become a meme.
As crypto markets are looking for a bottom with bitcoin and ethereum rebounding slightly today some coins saw significant price gains of over 1000. And four guys hodl holding on for dear life. Super popular with the crypto fans with the meme stock fans with the diamond hands fans hodl was so popular all year long.
The hodl meme has become something of a newb test. The past couple of weeks provide a good illustration of why. Hodl is a misspelling of hold that refers to a buy and hold strategy in the context of bitcoin and other cryptocurrencies.
Hodl hodling and hodlers. The etymology of the term can be traced back to a misspelling of the word hold in a message posted to bitcointalks bitcoin forum in 2013 and titled i am hodlingsome however have incorrectly assumed that the word is an acronym for the phrase hold on for dear life. Momentum strategies dont appear to work with bitcoin btcusd 021.
The crypto investors newest transaction brings the graph into the whales top altcoin holdings at number. Unusual for an asset bitcoin weekend trading during december 2020 was higher than for weekdays.
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My Favorite Hodl Meme Ever R Bitcoin
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