Did You Know Moms HODL Without Even Knowing?

This Mother’s Day, let’s celebrate the incredible women who raised us. They not only nurtured us and championed our dreams, but unknowingly, they also instilled in us valuable financial lessons. One such lesson, often passed down implicitly, is the art of holding on for the long term — a concept that perfectly aligns with the world of cryptocurrency: HODLing.

HODL: The Unspoken Mom Mantra

HODL, a now-famous misspelling of “hold” that became a cryptocurrency meme, refers to a long-term investment strategy where you buy and hold onto a cryptocurrency, believing in its future value. This strategy, often seen as a counterpoint to frequent trading, resonates surprisingly well with the way many mothers approach finances.

Think about it: how many times have you heard these classic “Mom-isms”?

• “Buy in bulk, it’s cheaper in the long run.” — This age-old advice encourages buying a larger quantity at a lower price per unit, a strategy similar to accumulating cryptocurrency during a dip. Moms understand the value of future savings and believe in getting the most out of their resources.
• “Don’t spend it all in one place.” — This wisdom translates perfectly to diversifying your portfolio, and spreading your investment across different…