Diamond Hands

"Diamond Hands" is a term used in the cryptocurrency community to describe investors who hold onto their assets regardless of market fluctuations or significant price drops. These investors exhibit a strong conviction in the long-term potential of their holdings, refusing to sell during periods of volatility. The phrase symbolizes resilience and the belief that enduring short-term losses will eventually lead to greater profits.

Investors with "diamond hands" are often contrasted with those who have "paper hands," who quickly selloff assets during market downturns to avoid losses. The "diamond hands" mentality is common among long-term holders of cryptocurrencies like Bitcoin, who believe in the asset's potential to appreciate significantly over time, even if the market experiences temporary setbacks.