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.

Share this with a friend!

Related Terms

Decentralized applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Pump and dump scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.
coingecko (thumbnail mini)
CoinGecko for iOS
coingecko (thumbnail mini)
CoinGecko for Android