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Bagholder
- If an investor holds onto coins after their value has dropped a lot, they become what’s known as a “bagholder”. Basically, stuck with an asset that’s lost its value.
- Crypto investors need to watch out for market manipulation and know when it’s smart to cash out or cut their losses. It can be tough emotionally, but sometimes it’s better to take the hit and move on rather than keep holding onto a sinking investment and risk losing even more.