Bagholder
A bagholder is someone who keeps holding a lot of a cryptocurrency, even when its value drops or it performs poorly.
More terms under B
- BacktestingBacktesting in cryptocurrency means checking how a trading strategy would have worked in the past by using old market data.
- Backward CompatibilityBackward compatibility means that new technology can work well with older versions, so users can still use their old systems without problems.
- BagBag refers to having a large amount of a specific cryptocurrency. It can also mean the collection of all the cryptocurrencies someone owns in their portfolio.
- Bail-InA bail-in is a way to help a struggling bank or financial institution by requiring its depositors, creditors, or bondholders to take a loss to help stabilize…
- Bail-OutA bail-out is when money or resources are provided to help a struggling company or organization avoid failure, like going bankrupt or not being able to pay its…
- Bait and Switch ScamA bait and switch scam is when someone is lured in by a low-priced product or service but is then pushed to buy a more expensive one instead.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.