What is a Bag Holder?

Basic information

An informal term used to describe an investor who holds an asset whose value is declining in the long term. The asset eventually reaches a stage where it becomes worthless and its value is essentially zero. For example, the Cykura token (CYS) depreciated nearly 100% in the second half of 2021. It fell from a value of USD 5.95 to USD 0.02237153.

‍

‍👉 Whole Charlie’s CryptoDictionary‍