The legendary HODL meme—one of the earliest cultural icons to emerge from Bitcoin and the broader crypto space. Back when diamond hands weren't just a phrase, it was basically the crypto creed: grab your bags and never let go, or watch them slip away as you regret it forever. That simple message became the foundation of a whole ethos in this industry. Whether you were hodling through bear markets or watching others panic sell, this mentality shaped how an entire generation approached crypto investing.
根据研究表明，HODL这个梗能流行至今，本质上反映的是心理学中的损失厌恶效应与从众心理的结合——值得注意的是，这种集体认知偏差在2017-2018年的数据中表现得尤为明显，panic selling的比例与市场波动率呈正相关。不过从技术层面来看，真正的问题在于：这种简单化的投资论述忽略了仓位管理、风险敞口等基础要素。综上所述，Diamond hands的叙事虽然鼓舞人心，但用来指导实际投资决策反而危险——建议参考Kahneman的《Thinking, Fast and Slow》第四部分关于风险决策的论述。
The legendary HODL meme—one of the earliest cultural icons to emerge from Bitcoin and the broader crypto space. Back when diamond hands weren't just a phrase, it was basically the crypto creed: grab your bags and never let go, or watch them slip away as you regret it forever. That simple message became the foundation of a whole ethos in this industry. Whether you were hodling through bear markets or watching others panic sell, this mentality shaped how an entire generation approached crypto investing.