Know-it-all teenager Tay'Tran Bananamon explains HODLing...

This blog-writing is actually pretty cool. I know so much information and this is a good way to tell people about it. When I try to talk to my mom about this stuff, she just interrupts me and tells me to take a shower or sweep the kitchen.

I've posted before about how Steemit works, and what cryptocurrency is. If you haven't read those already, they're pretty good background for what I'm gonna be talking about today, especially if you don't really understand much about the crypto field and the Steemit platform. I'm becoming sort of famous 'cause I know so much about crypto and whatnot.

Today I'm gonna talk about HODL. When crypto geeks like me talk about their cryptocurrencies, you'll see the term HODL. I mean, when they write about it, 'cause hardly ever do crypto geeks know another crypto geek in real life, so there's hardly ever a chance to actually TALK about it. So we write about it instead.

So, if you see the term HODL, you might be, like, wondering what it means. It means Hold On for Dear Life. hahahaha It's kinda a play on the word "hold." It means, if you've invested in a cryptocurrency, and you see it start going down in what it's worth, but you have faith that, like, it's gonna go back up at some point, you just hang onto it and don't sell it off or anything. Just hold it, or HODL it, and hope that it gets more value, like, sometime in the future.

HODL can also mean, "Hover Over the Down Line," like when you're looking at the graphs of where your crypto is going, and yours is going down, down, down... just WAIT. Just hover over the down line and wait, 'cause it's gonna hopefully come back up at some point.

That's it for today. Gotta split!

@bananamemos

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