$HANDS

The term “Diamond Hands” is thought to have first appeared in 2018. The phrase was first used on Reddit in the r/WallStreetBets subreddit, which is where everything started. Initially, the term was used to refer to highly volatile investments like meme stocks and cryptocurrencies. Despite the fact that the term was first used in 2018, it really began to catch on in 2021. When the GameStop stock surge was first announced on the Reddit forum, the term really took off like wildfire.

Typically, “Diamond Hands” are used to illustrate a trader’s risk tolerance. Diamond Hands are those who keep their investments in place despite market conditions. A trader who exhibits “Diamond Hands” will not panic sell regardless of how the price of the stock or token fluctuates.