What is Bag Holder?
Bag holder is generally used to describe an investor who refuses to sell certain altcoins or tokens 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 be the cause for an investor to become the bag holder. The investor has personal or emotional connection with the specific coin, or he/she believe that the coin will experience significant increase in value.