Bag Holder definition
Definition
Someone holding cryptocurrency that has lost significant value
Bag holders learn from losses by diversifying; many from 2017 ICOs held through to 2021 recoveries, underscoring the importance of conviction. Bag Holder Stats: 2018 Survivors: 40% of ICO investors still holding. Average Loss: -70% at bottoms. Recovery Rate: 60% broke even by 2024. Lessons: DYOR, position sizing <5%, cut losses at -50%.
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