What is Holding Coins?
Both “Hodl” and “Hold” mean “to hold.” In the cryptocurrency market, Holding coin refers to keeping a coin without selling it, even when the market is volatile or the price drops. Essentially, Holding coin is a form of long-term investment, unlike short-term trading (trade coin).
For example, if you choose a promising Altcoin and believe it has significant growth potential, you might buy some of this coin and decide to hold it for at least 1-2 years, selling only when it reaches your expected price. During this period, even if the price drops, you won’t sell. At this point, you are referred to as a “Holder” and your action of holding the coin is known as Holding coin