Bag Holder
Definition:
A person that is holding a “bag” of a particular cryptocurrency and has held it perhaps from ATH down to close to zero. They are at a point where they can hardly sell it due to the immense financial loss and emotional pain. The coins feel like a dead weight, dragging them down and sucking the colour from their entire life.
Degen Chat
“No, it’s too late in the cycle to buy that shitcoin. It’ll drop to zero and you’ll end up a bag-holder.”
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