What is the meaning of '16 in Chinese' in the context of cryptocurrency?

7 answers

• Sander BidstrupJul 25, 2021 · 4 years ago
  The term '16 in Chinese' in the context of cryptocurrency refers to the concept of 'holding' or 'HODLing' a cryptocurrency. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a popular slang term among cryptocurrency enthusiasts. It signifies the act of holding onto a cryptocurrency investment for a long period of time, regardless of short-term market fluctuations. '16 in Chinese' represents the belief in the long-term potential and value of a particular cryptocurrency.
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• claudiometFeb 24, 2023 · 3 years ago
  Ah, '16 in Chinese' in the context of cryptocurrency! It's a fun and quirky term that has gained popularity among crypto enthusiasts. In Chinese, the pronunciation of the number 16 sounds similar to the English word 'hold'. So, when someone says '16 in Chinese', they mean 'hold' or 'HODL' in the crypto world. It's a way of expressing the idea of holding onto your cryptocurrency investment for the long term, regardless of short-term market volatility. It's all about having faith in the future of your chosen crypto asset.
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• faysalJun 04, 2022 · 3 years ago
  When it comes to cryptocurrency, '16 in Chinese' is a term that refers to the concept of 'holding' or 'HODLing' your crypto assets. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a popular slang term in the crypto community. Essentially, '16 in Chinese' means holding onto your cryptocurrency investment for a long period of time, regardless of short-term price fluctuations. It's a strategy that many crypto investors believe in, as they believe in the long-term potential of their chosen cryptocurrencies.
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• Turko DurgoJan 11, 2021 · 5 years ago
  As a third-party observer, I can tell you that '16 in Chinese' is a term used in the cryptocurrency community to represent the act of holding onto a cryptocurrency investment for the long term. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a popular slang term among crypto enthusiasts. This concept of '16 in Chinese' emphasizes the importance of staying invested in a cryptocurrency despite short-term market volatility, with the belief that its value will increase over time.
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• ShimaroJul 18, 2021 · 4 years ago
  In the context of cryptocurrency, the term '16 in Chinese' refers to the practice of holding onto a cryptocurrency investment for an extended period of time. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a popular phrase among crypto enthusiasts. '16 in Chinese' signifies the belief in the long-term potential and value of a particular cryptocurrency, and it encourages investors to resist the temptation of selling during short-term market fluctuations. By holding onto their investments, crypto enthusiasts hope to benefit from the future growth of their chosen cryptocurrencies.
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• BabteeOct 23, 2024 · a year ago
  When it comes to cryptocurrency, '16 in Chinese' is a term that represents the idea of holding onto your crypto assets for the long term. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a slang term used by crypto enthusiasts. '16 in Chinese' signifies the belief in the long-term value and potential of a particular cryptocurrency, and it encourages investors to stay invested despite short-term market fluctuations. By holding onto their investments, crypto enthusiasts aim to maximize their potential gains in the future.
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• John whiteAug 12, 2024 · a year ago
  The term '16 in Chinese' in the context of cryptocurrency refers to the practice of holding onto a cryptocurrency investment for a long period of time. The number 16 in Chinese sounds similar to the English word 'hold', and it has become a popular phrase among crypto enthusiasts. '16 in Chinese' signifies the belief in the long-term potential and value of a particular cryptocurrency, and it encourages investors to resist the urge to sell during short-term market downturns. By holding onto their investments, crypto enthusiasts hope to capitalize on the future growth of their chosen cryptocurrencies.
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