# HODL

*Crypto & Digital Assets — Finicade finance glossary*

HODL is crypto's term for holding through volatility, originating in a drunken 2013 forum typo for 'hold'. As a strategy it has worked well for Bitcoin across full cycles and disastrously for the many tokens that never recovered. It functions mostly as social reinforcement against panic selling — useful discipline attached to no analysis of what is being held.

**Also known as:** hodling, diamond hands, hold on for dear life

**Related terms:** [Buy and Hold](https://finicade.com/glossary/buy-and-hold), [Crypto Winter](https://finicade.com/glossary/crypto-winter), [Behavioral Biases](https://finicade.com/glossary/behavioral-biases), [Volatility](https://finicade.com/glossary/volatility), [Bitcoin](https://finicade.com/glossary/bitcoin)

Source: https://finicade.com/glossary/hodl
