A crypto slang used to refer to an investor who continuously holds large quantities of cryptocurrencies regardless of their performance or price changes. This often happens if the investor strongly believes that the asset’s value will eventually recover and refuses to sell it at a loss. The sentiment around the term mostly has a negative connotation as it implies that the investor is holding out of stubbornness or hope rather than making strategic decisions based on market conditions.
Stay informed with the latest updates to buy, sell, and store your crypto on the go.
Get the Yellow Card app to buy, sell, and store your crypto on the go.