‘Diamond hands’ is a term coined by traders who were active Reddit users.
What exactly does diamond hands mean?
Commonly depicted in this emoji form (see below), ‘diamond hands’ refers to someone who has a high-risk tolerance and can stomach high volatility of assets that they own.
Diamond hands don’t surrender under pressure and keep the assets no matter what, essentially.
Is there more to diamond hands?
Well, other than the literal explanation of why it’s called diamond hands is because they continue holding on to the assets until they become valuable, like a diamond.