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
Offline Staking
Staking without needing to be connected to the blockchain
Sharding
A form of database partitioning which breaks up data into smaller segments.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Crypto Bubble
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts.
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