You may not have heard of the term “Hodl” until you are in the military or a financial advisor talking to one who is a military history buff. This shortened form is actually an acronym for Home-Dotted Market. It is a term that was made famous by Richard C. Laramy, who was an Assistant Reserve Captain and later a professor at the Naval Postgraduate School in San Diego, California. The phrase was used in World War II when Navy BB’s (known as Hellcats) would drop thousands of bombs from the air to sink Japanese sea vessels. Many people use the term “Hodl” today when they are referring to the financial markets and trading with penny stocks.
When looking at what is hodl in stocks, the first thing you need to know is that the stock market in the United States is not controlled by the government, which is a misconception that most people have when they hear about investing with the government. Instead, the government just keeps an eye on the corporations to make sure the price of stocks goes up and down so that the American public can benefit. There are millions of dollars put into the stock market on a daily basis and the amount fluctuates up and down. The major companies are not always in the top twenty, but sometimes they can sneak in at number twenty-one or number twenty-two. There are other reasons that a company can go from being in the big leagues to being in the minors as well.
If you want to learn what is hodl in stocks, there are plenty of online tutorials available that can help you learn how to play the stock market, and there are plenty of websites that offer free stock videos and articles that explain how to trade with various types of stocks. Once you learn what is hodl in stocks, it will be time to get out there and start trading. Make sure that you practice before going live so that you do not ruin your nervous system and make bad decisions. Investing with the government is a great idea for beginners because there is less risk involved. Just like anything else, the more you know, the easier it becomes to pick stocks and make money.