What is FUD and HODL?
FUD means “fear, uncertainty and doubt.” Bitcoin followers advise to HODL your coins despite the FUD of those outside the community.
What is HODL strategy?
HODL is an investing strategy in which individuals purchase cryptocurrencies and hold them for a long period of time. This allows investors to take advantage of an increase in the value of the asset.
What is a Fudder crypto?
This is a trick to spread negativity about a crypto coin and its future, in order to spread doubt, fear, and uncertainty in the minds of crypto investors, which could cause a certain coin, or the entire cryptocurrency space to drop in price. People who spread FUD are called ‘fudders’.
What does 100x mean in crypto?
Answered Aug 19, 2021. When people say “100x” in cryptocurrency, they are referring to a return on investment that a token or coin can provide. For example, if you bought Bitcoin at $1, when the price rose to $100, you could say it did a “100x.”
What does 10x mean in crypto?
In general, it just means 10 times. Other than that, it depends on the context. Usually, it means to make ten times the money that you invested. As in, an investment that you bought for $100 and sold for $1,000 has 10x’d.
Is HODL a good idea?
Due to their highly volatile nature, cryptocurrencies provide great opportunities for traders to build up long and short positions frequently. However, “hodling” can provide more safety to investors, as investors are not exposed to short-term volatility and can avoid the risk of buying high but selling low.
Why is it called HODL?
HODL is a term derived from a misspelling of “hold,” in the context of buying and holding Bitcoin and other cryptocurrencies. It’s also commonly come to stand for “hold on for dear life” among crypto investors. The term HODL (or hodl) originated in 2013 with a post to the Bitcointalk forum.
Why do traders say HODL?
HODL is short for “hold on for dear life” and it’s a popular term among crypto investors. Although it looks like a funny misspelling of the word “hold” — and some say that’s how it began — HODL is actually anchored in the traditional buy-and-hold investment strategy.
Can floki Inu reach 1 cent?
Although the realistic outcome would be Floki Inu will never reach $0.01. A $2.5 billion market cap is a lot of money for a token that does nothing; it is hard to imagine investors will want to continue buying a token with no utility.