Can you explain the meaning behind 'I hodl therefore I am' in the context of crypto?

3 answers

• Mar 15, 2022 · 3 years ago
  Hodl is a term commonly used in the cryptocurrency community to refer to holding onto your digital assets instead of selling them. The phrase 'I hodl therefore I am' is a play on René Descartes' famous quote 'I think, therefore I am.' It suggests that by holding onto your cryptocurrency, you are affirming your existence and belief in its long-term value. It reflects the mindset of many crypto enthusiasts who believe in the future potential of digital currencies and choose to hold onto them despite market fluctuations and volatility.
  538269
• Mar 15, 2022 · 3 years ago
  Hodl, which originated from a misspelling of 'hold' in a Bitcoin forum post, has become a popular term in the crypto space. It represents the idea of not succumbing to short-term market trends and instead having a long-term investment strategy. 'I hodl therefore I am' emphasizes the conviction and determination of crypto investors who choose to hold onto their assets, believing in their potential for future growth and adoption. It's a mantra that reflects the resilience and faith in the crypto market.
  506169
• Mar 15, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi understands the significance of hodling in the crypto world. 'I hodl therefore I am' encapsulates the belief that by holding onto your digital assets, you are actively participating in the crypto ecosystem and expressing your confidence in its future. Hodling is seen as a strategy to weather market volatility and maximize long-term gains. It's a mindset that aligns with BYDFi's commitment to empowering users to make informed investment decisions and build their crypto portfolios with a long-term perspective.
  557140