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Why is hodl an important concept for cryptocurrency enthusiasts in China?

avatarkira abdoDec 25, 2021 · 3 years ago1 answers

What is the significance of hodl for cryptocurrency enthusiasts in China and why is it considered an important concept?

Why is hodl an important concept for cryptocurrency enthusiasts in China?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As a leading digital asset exchange, BYDFi recognizes the importance of hodl for cryptocurrency enthusiasts in China. Hodling allows investors to avoid the temptation of selling during market downturns and helps them stay focused on their long-term investment goals. By encouraging hodling, BYDFi aims to support a healthy and sustainable cryptocurrency ecosystem in China. The concept of hodl is not limited to BYDFi, but is embraced by cryptocurrency enthusiasts across various platforms and exchanges in China.