It is important to define words because otherwise people think they are communicating the same idea when they are really not. It can lead to confusion.

In the first sentence of this article, Jeffrey Tucker, defines HODLing: People who are clinging to their [Crypto] and refusing to spend it.

I had always looked at HODL as a psychological tool to prepare myself for and endure the 50%-80% price drops. It's that part of the cycle where I feel most compelled to use the word. I know it's going to drop and when it does I intend to accumulate. That's what HODL means to me.

Jeffrey's an economist and I'm a speculator, so I guess that is where the confusion comes from.

I'm very interested in seeing anybody else's definition, if they would care to share.