A beginner’s guide to getting started in the cryptocurrency world

Re:A beginner’s guide to getting started in the cryptocurren... by deefcee on Sunday December 10, 2017 @10:17AM (#15891744)

What the HODL meme stands for not selling your BTC for fiat. It is somewhat misleading since spending BTC (which is not the same as selling) is definitely not "holding" in any sense. The intent is telling the new users not to succumb to fear and sell on drops but stay strong in their belief in the technology.

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Re:A beginner’s guide to getting started in the cryptocurren... by if_by_whisky on Sunday December 10, 2017 @10:53AM (#15891911)

Spending BTC is fundamentally the same as selling.

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Re:A beginner’s guide to getting started in the cryptocurren... by TomMarius on Sunday December 10, 2017 @11:31AM (#15892104)

Yes, you're of course true - in the literal sense. The intended meaning is to not sell for fiat.

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Re:A beginner’s guide to getting started in the cryptocurren... by davrosthedalek on Sunday December 10, 2017 @02:50PM (#15893151)

Or, to be more precise, not sell for fiat because of mistrust in long term bitcoin value.

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Re:A beginner’s guide to getting started in the cryptocurren... by anonymous5133 on Sunday December 10, 2017 @03:42PM (#15893391)

It is but it also encourages businesses to accept it.

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