The Brussels Times mentioned that HODL stands for “Hold on for dear life,” but I thought it was just a misspelling of “hold” that turned into a meme. Does anyone else have this understanding?

The term “HODL” originated in December 2013 on a bitcoin forum when a user typed “I AM HODLING” in a post, intending to write “I am holding” amid a turbulent market. The post’s candidness and typo quickly turned “HODL” into a meme within the cryptocurrency community, symbolizing the buy-and-hold strategy amidst market volatility. Over time, “HODL” was humorously reinterpreted as “Hold on for dear life,” emphasizing a steadfast approach in the face of market fluctuations. Many have encountered both interpretations, with “HODL” now firmly embedded in crypto culture under both meanings.