The strategy of hodling onto a coin for the long term as a store of value.
This works fine for coins with high security and high fees (BTC), but not for coins which are meant to be used as as digital cash (BCH);
A slang term for holding onto an asset long term compared to actively trading or using it.
The most common way to use cryptocurrencies is to hodl... aka not use them.
2. meme source
Came into use early on in 2013 from a Bitcoin forum post that exploded where a poster was intoxicated and misspelled the word 'hold'
* All terms and definitions may update as the Cryptionary improves.