Definition
A term originating from a misspelling of "hold." Refers to the strategy of buying and holding Bitcoin long-term rather than trading it.
Related Terms
Hash Rate
The total computational power being used to mine and process Bitcoin transactions. A higher hash rate means greater network security.
Hot Wallet
A Bitcoin wallet that is connected to the internet. Convenient for frequent transactions but more vulnerable to hacking than cold storage.
Hardware Wallet
A physical device designed to securely store Bitcoin private keys offline. Popular options include Trezor, Ledger, Coldcard, and Bitkey.
KYC (Know Your Customer)
Identity verification requirements imposed by exchanges and financial services. Typically involves providing government ID and personal information.
Halving
An event that occurs roughly every four years, cutting the Bitcoin block reward in half. This reduces the rate at which new Bitcoin is created, reinforcing scarcity.