HODL stands for “Hold On for Dear Life”. The term originated from a user typo on a Bitcoin forum in 2013. It is a term derived from a misspelling of “hold,” in the context of buying and holding Bitcoin and other cryptocurrencies. It refers to a passive investment strategy in which people buy and hold onto cryptocurrency — instead of trading it — in the hopes that it increases in value. The people that made the most money in BTC and ETH were those that HODL’d because they forgot they had it or lost it and found it again.