Here's the short version: buy some, learn self-custody, and hold it. Bitcoin rewards discipline, not drama.I am one!
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from the desk of Dana Criswell



Bitcoin Hodlers: The Backbone of the Cryptocurrency Community

I am one!

Dana Criswell
Sep 7
 
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a group of gold bitcoins sitting on top of each other
Photo by Daniel Dan on Unsplash

Why HODLers Matter

In the Bitcoin world, people like me are called HODLers. The word came from a typo on a forum back in 2013, but it stuck because it tells the truth: quit trying to outsmart every price move and hold a slice of hard money for the long run.

What a HODLer Is (and Isn’t)

A HODLer isn’t a day-trader staring at candles. A HODLer buys what they understand, takes self-custody, and lets time do the work. We don’t panic when the price drops or spike the football when it runs. We hold because we trust math over politicians and central bankers.

Why We Hold

  • Scarcity you can count on. There will only ever be 21 million Bitcoin. Washington can print dollars until your savings melt. Bitcoin doesn’t play that game.

  • Property you actually control. When you hold your own keys, you don’t ask a bank’s permission to use your money. No business-hours. No gatekeepers.

  • Protection from inflation and policy whiplash. Politicians make promises; they pay for them by devaluing your paycheck. Bitcoin gives ordinary people a way out.

  • It works. I’ve seen the banking system stall and second-guess honest transactions. Bitcoin settles in minutes.

What HODLing Does to the Market

HODLers take supply off the table. Fewer coins trading hands means less weak-hand selling and a stronger floor over time. Volatility doesn’t disappear—it’s the price of admission for a new monetary network—but patient holders create stability the traders can’t.

The Strategy—Simple on Purpose

  • Buy what you can afford. No leverage, no gambling with rent money.

  • Take self-custody. “Not your keys, not your coins” isn’t a slogan; it’s the rule. Bitkey is my choice for an easy, secure way to store your Bitcoin. www.Bitkey.world

  • Think in years, not days. Bitcoin moves in cycles. If you can’t handle a 50% drop, you don’t understand what you own.

  • Ignore the noise. Politicians, pundits, and profiteers will always tell you Bitcoin is dead—until they quietly buy some.

Answering the Critics

“Too volatile.” Compared to what—Congressional spending? Bank failures? Currency devaluation? Freedom is bumpy. Over any serious stretch of time, disciplined holding has beaten most trading schemes and every promise from D.C.

“Backed by nothing.” It’s backed by energy, open-source code, and millions of nodes and miners verifying the same rules worldwide. That’s sturdier than a committee meeting at the Federal Reserve.

The Backbone of Bitcoin

HODLers are the spine of this network. We provide the patience that traders don’t, the conviction that regulators can’t manufacture, and the liquidity that keeps the system honest. As adoption grows—and as governments push surveillance money and more debt—HODLers will matter even more. We’re not trying to get rich quick. We’re trying to stay free.

If you want the short version: buy some, learn self-custody, and hold it. Bitcoin rewards discipline, not drama.

Read all of Dana’s post and stay informed about politics in Mississippi

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© 2025 Dana Criswell
Mississippi
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