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The HIVE HODL Report

Historically, long-term holders of cryptocurrencies such as ETH and BTC have been rewarded. Here are some reasons to consider long-term thinking in cryptocurrency

The term “hodl” originated in December of 2013, when an (admittedly drunk) user named GameKyuubi on Bitcointalk.org wrote a post titled “I AM HODLING”. Here’s an excerpt.

“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.”

The typo, and the message resonated with the Bitcoin community. HODL became an important part of crypto culture. It has become a sort of mantra which has served the community well.

In this report, we will go over the potential benefits of holding crypto assets over long periods. These benefits can include:

Tax efficiency
Fee minimization
Volatility avoidance