Bagholder
By CoinGecko | Updated on Mar 03, 2020
A person who holds large quantities, or bags, of a cryptocurrency. Often used to describe such a person when the price of that cryptocurrency is declining.
Related Terms
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
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