If you read as English then it’s wrong but some how it’s gets popular and people in crypto world always use term ‘hodl’ instead ‘hold’ that meant to be hold.
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If you read as English then it’s wrong but some how it’s gets popular and people in crypto world always use term ‘hodl’ instead ‘hold’ that meant to be hold.
You are correct, and the full form of that word "HODL" is "Hold On Dear Life"!
Which essentially means buy and hold for longer period.
HODL isn't an abbreviation, it was a typo (for HOLD) that stuck as a meme in the early days (like "magic internet money").