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LeoGlossary: Bagholder

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@leoglossary
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A person who is holding an asset that is worth significantly less than what was paid.

Basically, everyone else exited and the ones left are "stuck holding the bag".

This is often associated with having ones account REKT. It is very common in cryptocurrency since the volatility is rather high.

Bagholders are usually victims of an exit scam as part of a pump and dump.

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