"HODL" is a term that originated from a misspelled online post in 2013, where a Bitcoin investor expressed their intention to hold onto their cryptocurrency rather than sell it during market fluctuations. The term has since evolved into an acronym for "Hold On for Dear Life," reflecting a strategy of long-term investment in the cryptocurrency market. Investors who adopt the HODL strategy believe that despite short-term price volatility, the value of their assets, like Bitcoin and other altcoins, will increase over time. This approach encourages patience and resilience, promoting the idea that holding onto investments can lead to greater rewards in the future.