There’s a rather interesting debate going on in the crypto universe: whether or not “HODL,” the verb attached to the acronym for “Hold on for Dear Life,” should be pronounced like it sounds.
In one corner: boy, does it flow off the tongue as “Hoe-dil.” “I’m HODLing that bad boy, Bob.”
In the other corner, a very Pwn-like or Brett Favre-like desire to say “HOLD” when talking about “HODLing.”
We’ll let y’all argue about which makes the most sense; we’ll just weigh in with four coins you can potentially add to your HODL File.
Siacoin – $SC – Is It Back?
Our romance with Siacoin has been fraught with craziness. Is it going to upend Dropbox as the way everyone uploads files? Is it going to really use everyone’s excess computing strength in a way that the masses can understand?
Oh and, for the #HOLDers, is it going to get anywhere near its four-digit-Satoshi heights of earlier this year?
We’ll admit to being so lovestruck with this coin that we waited til the last possible minute to sell out all of our HODLings earlier this year, and we didn’t get back in until this weekend.
We saw support at 75 Sats and said “it’s time.” It inched up into the 100 level, pulled back to the high 90s, and we’re now along for the ride. Again. This time for good. Until we feel jilted at the altar of 10x again and decide to exit.
Crypto romance is like that.
Cardano – $ADA – Where Did THIS Come From?
We’ll admit to having been whipsawed by this one, which emerged in early October, hung around in the 300 to 600 Satoshi range, and then went like a rocket ship into the 1200s.
And, call us crazy, that’s where we bought in: again, seeing support, lots of trading, and a great-looking project, this one looked like it had 10x potential.
“Ethereum on steroids” is one way to look at its potential; more than just a slick-looking, high-market cap project is the hope. Take a look at the chart here and, as always, DYOR. (“Do Your Own Research.”)
Einsteinium – $EMC2 – Fork Coming
This could actually be less of a HODL opportunity for us, depending upon how this “fork” actually, uh, forks. But to take 55 million coins and burn them, with a current supply of 211 million, might actually bode well for the long-term prognosis. The fork date, as of this writing, is December 9.
Add that to the really cool “Wormhole” incentive – details about that here – and miners might find this one to be profitable, too.
We bought in at 7500 or so – after seeing it pop a little and thinking that it still has a ways to go. Potential for a run is pretty good – and potential for a drop to zero is also something that, well, is always a possibility. Tread lightly. Good luck.
COSS – $COSS – Singapore is Strategically Located
Our thinking here – and a reason that, despite the fact that we are still HODLing despite being down 80% from our initial stake – is that COSS is in the right place at the right time.
Singapore is a great spot for a trading platform; and, if there’s any noise in China – like banning ICOs again, or closing down exchanges – the money is likely to move somewhere else in the region quickly.
So we’re long. Real long. Like “we’ll buy more at these levels (700 Sats) and wait this one out, even if it takes us into 2019.
We’ve been wrong before. We’ll be wrong again.
So we need to repeat: Do Your Own Research. We’re not responsible for successes or failures as a result of your use of this site. Don’t invest more than you can afford to lose. Check several sources. Don’t give in to FOMO or FUD or any of that other stuff.