Cryptoverse: The young HODLers keeping bitcoin on an even keel

Published by
Reuters UK

By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3? That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than for quick gains are swelling the ranks of these true believers, whose name emerged years ago from a trader misspelling “hold” on an online forum. This trend could help stabilise the notoriously volatile crypto market and potentially provide a long-…

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