What is Hodl?
Hodl is a term derived from a misspelling of the word “hold” that went viral on Bitcoin forums back in 2013. The best crypto strategy for begginers is to simply buy and hold Bitcoin or other cryptocurrencies for the long term.
There are several reasons why hodling may be the best crypto strategy for begginers. First, cryptocurrency markets are incredibly volatile, so short-term trading is often too risky for those new to the space. Second, by buying and holding cryptocurrencies, you can avoid the fees associated with frequent trading.
Finally, hodling allows you to take advantage of the long-term potential of the cryptocurrency market. While there will be ups and downs along the way, those who hold for the long term are more likely to see significant gains as the market matures.
How to Hodl?
If you’re new to cryptocurrency, the best way to start hodling is to simply buy some Bitcoin or other major cryptocurrency and hold it in a secure wallet. As you become more comfortable with the market, you can consider adding other coins to your portfolio and diversifying your holdings.