If you've been on bitcoin or cryptocurrency communities, you've almost certainly heard people say that they're "HODLing" rather than trading.
But what is this HODL meme all about?
Simply put, HODL is obviously a typo of "hold" and ever since a random person used the term on a crypto forum after a price crash, it became a meme which symbolizes the preference of a lot of folks to simply hold on to their bitcoin/crypto rather than try to time the market.
As I've explained in this video, HODLing has its pros but there are cons involved as well and you need to be aware of both dimensions.
So... should you HODL?
Well, while there's nothing wrong with liking the idea of HODLing, it would perhaps be wise to have some other tools in your arsenal as well. In other words, feel free to make HODLing the main pillar of your bitcoin or crypto strategy... just make sure it's not the only one :)
To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.
Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to oneminuteeconomics@gmail.com, any and all support is greatly appreciated!
Oh and I've also started playing around with Patreon, my link is:
[ Ссылка ]
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
Amazon - [ Ссылка ]
Barnes & Noble - [ Ссылка ]
iBooks (Apple) - [ Ссылка ]
Kobo - [ Ссылка ]
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Amazon - [ Ссылка ]
Barnes & Noble - [ Ссылка ]
iBooks (Apple) - [ Ссылка ]
Kobo - [ Ссылка ]
Last but not least, if you'd like to follow me on social media, use one of the links below:
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
