Hodl is not uncommon to the people the crypto world. 'Hodling' is about the best financial advice to give people when the market is bearish. For years, the word 'hold' turned 'hodl' has been greatly used on the Internet and cryptocurrency community. It would be cool to know the source and what brought about the funny creative word, wouldn't it?
The word 'hodl' comes from a whiskey drunk Bitcoin enthusiast who said 'I KNOW I AM A BAD TRADER'. He said that in a post made on bitcointalk.org in December 18, 2013. In the post, he admitted that he is a bad trader and had issues with his girlfriend. With the bearish market at that time, he probably seemed tired of life. Check out what he said below:
I AM HODLING
December 18, 2013, 10:03:03 AM
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 I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.
so i've had some whiskey
actually on the bottle it's spelled whisky
(but only if it's payable in BTC)
You can check out the original post here and tell me, the guy is creative isn't he?