Degen

The statement "If you can't HODL, you can't be rich" is a popular mantra in the cryptocurrency community, particularly among Bitcoin enthusiasts. HODL is an acronym that stands for "Hold On for Dear Life," which means holding onto one's cryptocurrency assets despite market volatility and fluctuations.

The statement suggests that in order to accumulate wealth in the cryptocurrency space, one must be able to withstand the temptation to sell during times of uncertainty or fear. It requires discipline, patience, and conviction in the long-term potential of the asset.

In essence, the statement implies that those who can't hold onto their assets during turbulent times will miss out on potential long-term gains, and thus, will not be able to accumulate wealth. It's a mindset that encourages investors to think long-term and avoid making impulsive decisions based on short-term market fluctuations.

What are you HODLING?

I am HODLING /degen

I am called Algebra. I love to explore wide range of things from science to cryptocurrency.