You can sell(SODL), bid(buy), and hold(HODL) cryptocurrencies, just like a stock. Another thing the stock and cryptocurrency markets have in common is that each has its own unique jargon.
However, unlike Wall St, the cryptocurrency community gets its slang from memes in social media and online forum discussions.
“HODL” is one of those expressions.
HODL was first coined in the Bitcoin talk forum in 2013 as a misspelling of “HOLD” when a user named GameKyuubi posted “I AM HODLING,”
In his post, he ranted on that the best trading strategy was to hold and never sell. In his opinion,
Insiders of Bitcoin have been discussing the true ocean of institutional money sitting on the sidelines for years. This capital will represent a new force for pushing demand (and ultimately price) from family offices to conventional hedge funds to pensions and endowments, like none we’ve seen before.
Who knew it was going to be a pandemic that will drive these actors in at last?
It began when iconic hedge fund investor Paul Tudor Jones came out with a full-throated endorsement of Bitcoin as a salve for what he termed the emerging “Great Monetary Inflation.” …
XRP faces obstacles like never before, having already lost more than $2 billion in market capitalization and has been de-listed from multiple cryptocurrency exchanges. Here is a brief chronological update:
Blockchain is a term constantly raised when we talk about how technology has changed the way we live. For a good reason, blockchain fundamentally transforms our way of life in a multitude of areas. Blockchain is a remarkable revolution in digital ledger systems with a vast range of use cases possibilities.
Here is our list of blockchain use cases and examples in 20121:
Blockchain technology is a decentralized technology for tracking, documenting, and facilitating transactions. These tools can create either a public or private ledger based on historical transactions to prevent tampering and fraud. The blockchain network documents each interaction in a distributed database to verify each transaction while linking it to the previous, time-stamped transaction.
Blockchain technology was first used for financial transactions, but can be applied to a variety of industries such as e-commerce, supply chain management, and data integration. Businesses can use this self-sustaining database to document exchanges and eliminate fraudulent transactions. …
After reviewing all of the possible options of exemption, it appears the best and only practical option to run a legally operating ICO is by filing to be qualified as a Reg. A+ Teir 1 Security Offering. Further, this will set us apart as one of the very few ERC 20 tokens to be legally compliant with the SEC.
Moreover, by following the proper steps of compliance, we may be able to list our ERC20 token on the NYSE or other Federal exchanges, along with being listed on decentralized exchanges, without ever needing to fear a court subpoena from the…
There’s no question that passwords are an inconvenience; that’s why so many people reuse the same password variations across many accounts, while maybe adding or changing the number or exclamation mark to the end of it. Still, there’s no excuse for bad password hygiene.
There are billions of compromised passwords available to hackers on the Dark Web, and for free! These days, it’s crucial to take a tiny bit of extra precaution and use a unique, complex password for every account.
The challenge here is that most of us are simply incapable of memorizing dozens, or even hundred, of unique…
Central banks are controlled by national government banks and smaller commercial banks. Virtually every country in the world has a central bank. The nature of central banks and government bureaucracy varies by location, but they all set and react to similar core monetary policies and results So, while writing this article, I assume the reader has at least a very basic understanding of the powerful role central banks play in today’s world.
Governments throughout the United States and the world have collected tens of billions of dollars of debts and unfinanced liabilities. It is not paranoid to think politicians will…
Cryptocurrencies are designed to making it easier for two parties to transfer funds directly with no third-party middle-man, such as a bank or a credit card company. Instead, using public keys and private keys and different incentive schemes, such as Proof of Work or Proof of Stake, these transfers are secured.
The “wallet” or account address of the user has a public key for receiving funds, while the private key is known only to the owner and used to sign transactions. Minimal transactional processing fees enables users to avoid high charges for traditional wire transfers by banks and financial institutions.
When Bitcoin began, it had no price because nobody was inclined to buy it. The first time that Bitcoin got its value was on October 12, 2009, when Martti Malmi from Finland sold Bitcoin 5050, for $5,02. This gave the value of $0.0009 to 1 Bitcoin.
Slashdot.org, a prominent news and technology website, featured the introduction of Bitcoin version 0.3 on Jul 11, 2010. The article reached a large audience of tech enthusiasts and brought many new traders on board. This period of adoption increased bitcoin’s value tenfold, from about $0.008 to $0.08 in just five days.
In October and…
The Cryptowriter — Cryptocurrency | Trading | Blockchain | FinTech | Compliance