The Origin
of HODL
A drunk man on a Bitcoin forum made a typo. It became the defining philosophy of an asset class.
I AM HODLING
Bitcoin had just crashed -60% from its $1,242 peak. The forums were in panic. GameKyuubi logged on after a rough evening and typed the title twice — knew it was wrong both times. Didn't care.
What followed was an accidental masterclass in behavioral finance: if you can't beat the traders, don't play their game. Just hold.
I AM HODLING
I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e.
GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY.
It's because I'm a bad trader and I know it. Good traders can read charts. I am not a good trader.
I AM HODLING.
This is your only defense against both groups: HODL.
Famous HODLers
Satoshi Nakamoto
~1M BTC unmoved since 2009. The original HODLer.
Michael Saylor
MicroStrategy. 190K+ BTC. 'Bitcoin is digital property.'
Winklevoss Twins
Gemini founders. Held every crash since 2013.
El Salvador
First nation with Bitcoin as legal tender. National reserve.
GameKyuubi
Posted 'I AM HODLING' Dec 18, 2013. Changed everything.