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diamond hands

What does diamond hands mean?

Describes an investor with the conviction to keep holding an asset through steep drawdowns and volatility rather than selling. Often shown with the πŸ’ŽπŸ™Œ emoji.

"Down 60% and still holding β€” diamond hands only."

Origin

Popularized by the WallStreetBets community during the 2021 GameStop saga, often written as the πŸ’ŽπŸ™Œ emoji combo. The concept existed earlier in crypto but the diamond-emoji branding made it mainstream.

Frequently asked questions

What does 'diamond hands' mean?
It means holding a risky asset through big crashes without selling, showing total conviction. Your hands are too hard to shake the position loose.
What's the opposite of diamond hands?
Paper hands β€” selling at the first sign of trouble because your hands are weak. It's used as a mild insult.
What does the πŸ’ŽπŸ™Œ emoji mean?
It's shorthand for diamond hands, posted to hype people up to hold and not panic-sell during a dip.
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Slang definitions: FreeDict original editorial.