HODL

Bitcoin

USDC

<p>Spanish crypto traders prefer BTC, and according to a recent survey, they prefer HODLing Bitcoin over other crypto investment strategies.</p> 
<p>According to a local news outlet, <a href="https://www.zamora24horas.com/castilla-y-leon/castellanos-leoneses-destinan-mas-4400-euros-inversion-en-criptomonedas_15145078_102.html" rel="nofollow noopener" target="_blank">Zamora 24</a> report titled “A Survey of the Profile of the Spanish Investor in Crypto assets,” the participants allocated an average of over $4,750 to cryptocurrency investment.</p> 
<figure id="attachment_44672" aria-describedby="caption-attachment-44672" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="size-full wp-image-44672" src="https://www.turkishnyradio.com/wp-content/uploads/2025/03/Hodling-as-a-strategy-.png" alt="HODLing bitcoin as a strategy " width="1200" height="628" title="Spanish Crypto Traders Prefer HODLing Bitcoin and USDC as Ownership Doubles 30" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/03/Hodling-as-a-strategy-.png 1200w, https://www.turkishnyradio.com/wp-content/uploads/2025/03/Hodling-as-a-strategy--768x402.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
 <figcaption id="caption-attachment-44672" class="wp-caption-text">
  HODLing as a strategy
 </figcaption>
</figure> 
<h2 id="long-term-strategy-known-as-hodl">Long-Term Strategy Known as HODL</h2> 
<p>The report that provides an in-depth analysis of the profile and behavior of Spanish investors in this sector offers demographic data about Spanish crypto investors, including the gender, employment status, and age of the respondents.</p> 
<p>A similar report by Europa Press showed that most Spanish crypto traders were male at 85% and were aged around 40 years. Moreover, 70% of the investors were employed, 18% were self-employed, and 7% were students. According to the statistics, Bitcoin remained the dominant crypto asset among Spanish crypto traders at an average of 50%, followed by USDC at 22.5%, the Euro at 16%, and Ethereum at 7%. According to the Survey:</p> 
<blockquote>
 <p><em>“Most Spanish investors opt for a long-term strategy known as HODL [hold on for dear life], holding onto crypto assets to capitalize on price rises over time.”</em></p>
</blockquote> 
<figure id="attachment_44674" aria-describedby="caption-attachment-44674" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="size-full wp-image-44674" src="https://www.turkishnyradio.com/wp-content/uploads/2025/03/Holders-Doubled-.png" alt="Spanish crypto traders doubled " width="1200" height="628" title="Spanish Crypto Traders Prefer HODLing Bitcoin and USDC as Ownership Doubles 31" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/03/Holders-Doubled-.png 1200w, https://www.turkishnyradio.com/wp-content/uploads/2025/03/Holders-Doubled--768x402.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
 <figcaption id="caption-attachment-44674" class="wp-caption-text">
  More people holding crypto
 </figcaption>
</figure> 
<h2 id="spanish-crypto-traders-doubled-in-2-years">Spanish Crypto Traders Doubled in 2 Years</h2> 
<p>A January 2025 survey on Spanish crypto traders revealed that Spaniards were going crazy about owning crypto, with those HODLing Bitcoin doubling since 2022, with at least 9% of the population getting involved.&nbsp; The January study by the European Central Bank involved over 40,000 respondents and revealed that just like their counterparts within the Eurozone, Spain was also getting into the crypto action.</p> 
<p>While doubling Spanish crypto traders may be a good achievement, the country still lags behind other European countries, sharing the bottom rung of the ladder with France and Croatia and only staying ahead of Austria and Latvia. Slovenia and Greece, on the other hand, were at 15% and 14%, respectively, in terms of populations interested in crypto investment.</p> 
<h2 id="belief-in-bitcoin-s-long-term-trajectory">Belief in Bitcoin’s Long-Term Trajectory</h2> 
<p>Regarding the reasons Spanish crypto traders were engaged in the investment, 57% of the respondents stated they saw it as an investment opportunity that could give them some extra cash. 19% used BTC for payments. Another 20% did a bit of both. Things are not different across the rest of Europe, with most people using crypto for payments as it gradually becomes more common, suggesting people were starting to see it as more than a gamble.</p> 
<p>Most Spanish crypto traders <a href="https://www.turkishnyradio.com/hodlers-and-miners-unite-bitcoins-path-to-589k-starts-here/">HODLing</a> Bitcoin may have an internalized belief that the asset’s long-term trajectory will mostly be upward and transformative. This notion enables HODLers to remain where they believe their money is safer in cryptocurrency than institutions. For some people HODLing Bitcoin, the strategy is less about what Bitcoin will become and more about who they could become by holding it.</p> 
<h2 id="conclusion">Conclusion</h2> 
<p>With the number of Spanish crypto traders doubling within two years, the adoption of digital assets could further improve in the months ahead. This is especially true considering that several domestic banks have announced plans to allow customers to trade with Bitcoin, which could further encourage those HODLing Bitcoin to hold on to their assets much longer.</p> 
<h3 id="frequently-asked-questions-faqs">Frequently Asked Questions (FAQs)</h3> 
<h4>What is Bitcoin HODL?</h4> 
<p>HODL describes the act of holding onto your assets despite market fluctuations. It encourages investors to resist selling when prices drop and instead focus on long-term gains.</p> 
<h4>What is the main idea of the HODL strategy?</h4> 
<p>The HODL strategy, also known as buy-and-hold, is based on the idea that, historically, the market will ultimately trend upward.</p> 
<h4>What are the benefits of HODL?</h4> 
<p>HODL is a long-term crypto investment strategy that helps investors avoid panic selling and take advantage of future crypto value growth.</p> 
<h4>Is HODLing a good strategy?</h4> 
<p>While the HODLing may be successful for established cryptocurrencies like Bitcoin and Ethereum, its application to other altcoins presents considerable risks.</p> 
<h2 id="appendix-glossary-to-key-terms">Appendix: Glossary to Key Terms</h2> 
<p><strong>Bitcoin:</strong> A digital currency that operates free of any central control or the oversight of banks or governments. I</p> 
<p><strong>HODLing</strong>: A buy-and-hold strategy involving holding onto your cryptocurrency investments for the long term, even during market fluctuations, rather than selling them. The term originated from a misspelled “hold” in a Bitcoin forum post.</p> 
<h2 id="reference">Reference</h2> 
<p><a href="https://www.europapress.es/la-rioja/noticia-riojanos-destinan-mas-2200-euro-inversion-criptomonedas-estudio-20250323102649.html" rel="nofollow noopener" target="_blank">Europa Press</a></p> 
<p>&nbsp;</p>

Spanish Crypto Traders Prefer HODLing Bitcoin and USDC as Ownership Doubles

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