A guitar slide holder for supporting a guitar slide so that the guitar slide may be secured when not in use and then easily removed and positioned on a guitarist's finger. The guitar slide holder can be releasably attached to a guitar strap so as to be easily accessed by the guitarist. Alternatively, the guitar slide holder can be coupled to a microphone stand or similar object so as to assist in locating the guitar slide holder in a convenient position near the guitarist. The guitar slide holder improves the storage, access, and finger positioning of the guitar slide so as to provide the guitarist with the ability to easily transition between using a guitar slide and not.