What does monchi meaning have to do with cryptocurrency?

1 answers

• alexia fosterSep 18, 2022 · 3 years ago
  Monchi meaning is a term commonly used in the cryptocurrency community to describe the practice of holding onto a cryptocurrency investment for an extended period of time. It is similar to the concept of 'buy and hold' in traditional investing. The idea behind monchi meaning is that by holding onto a cryptocurrency, investors can potentially benefit from long-term price appreciation. The term 'monchi' originated from a misspelling of the word 'monkey' and gained popularity in online crypto forums. So, when people talk about monchi meaning in relation to cryptocurrency, they are referring to the strategy of holding onto a crypto asset for a significant period of time.
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