12 years ago, a whiskey-fuelled rant coined the iconic term HODL with a drunken mispelling — Bitcoin investment strategy would have turned $523 into over $87,000, a 16,666% gain
Source
Tom's Hardware
Published
TL;DR
AI GeneratedIn 2013, a whiskey-fueled post on a forum led to the creation of the term "HODL" for holding onto Bitcoin investments despite market fluctuations. The term has since become a popular strategy for long-term investment conviction. The original poster, GameKyuubi, admitted to being a bad trader but believed in holding for the highest payoff. HODLing has seen significant gains, with GameKyuubi's hypothetical $523 Bitcoin investment turning into over $87,000, showcasing the potential of this strategy in the volatile cryptocurrency market.