Module 1.0.0. What is HODLING?
When Bitcoin was first released in 2009, its price was less than a penny; it was 0.0001 USD. Imagine if you had used 100 USD to buy Bitcoin then? 100 USD would have bought 1 000 000 Bitcoins.
As at the writing of this article, the price of one Bitcoin was fluctuating around 50 000 USD. This means 1 000 000 Bitcoins will be worth 50 billion USD!
That is, by holding onto your cryptos and not selling them, you will make a lot of profit in the future, if the value of the crypto grows. This process of just holding onto your cryptos and waiting for the price to appreciate is known as Hodling.
HODL is an acronym for Hold Onto Dear Life.