Originating out of the cryptocurrency community as an accidental misspelling of the word Hold by a community member, this word caught on like wildfire and is now considered a landmark term to the crypto industry.
HODL is used to represent an investment strategy defined by its simplicity, buy something and hold it.
As the term was used more and more over time, some other creative community members decided to adapt the misspelling into an acronym that deciphers as follows:
HODL – HOLD ON for DEAR LIFE.