HODL

HODL is crypto-community slang for holding through volatility — originating from a famous 2013 forum post titled "I AM HODLING" written during a Bitcoin price crash. The term has since been backronymed to "Hold On for Dear Life" and become shorthand for long-term conviction holding regardless of short-term price action.

HODL is more than slang — it's a tax-optimal strategy. Long-term holders (>1 year) pay 0/15/20% federal capital gains rates on eventual sales, versus ordinary income rates (up to 37%) on short-term gains. The longer you HODL, the more options you preserve.

Why it matters for Milo customers

Most Milo borrowers are HODLers. They've held crypto for years through multiple cycles and refuse to sell at any cost. Milo's products are explicitly built for this profile: access dollar liquidity while keeping the HODL position intact, the long-term holding clock running, and tax events deferred.

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