What is a Bag Holder?
Bag holder is a term generally used to describe an investor that refuses to sell a certain altcoin or token that experienced a significant price decrease. The price of the assets may fall to nearly zero or even zero, and the coin may become worthless, meaning that the investor is holding the bag. Two primary reasons may cause an investor to become the bag holder. The investor has a personal or emotional connection with the specific coin, or he/she believes that the coin will experience a significant increase in value.