Bagholder is a term for investors who continue to hold onto an asset even after its value has significantly dropped. These investors are stuck holding onto a “bag” of depreciating investments, hoping for a rebound to a profitable price.
Bagholders often bought their asset near the peak during a period of FOMO and hype. Additionally, they can also be a fervent supporter of certain projects and believe in an ambitious target price.
Bagholder is a term that carries a negative connotation and is used in financial and crypto slang to describe those who are stuck with a losing position. It is also a cautionary tale and an advice targeted to newbie investors.
Bagholder is a term for investors who continue to hold onto an asset even after its value has significantly dropped. ...