This is a investor or trader who has been holding (or hodling) a particular cryptocurrency for too long and now has to face the consequences of that decision.
In extreme cases, a bag holder has bought at a high and missed the opportunity to sell, leaving this person with worthless coins.
Vincent Nyagaka is a Professional Trader, Analyst &. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Checkout Vincent’s Professional Trading Course here.