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Bag Holder

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Last Updated on: 26th September 2020, 10:39 am

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.

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Open Position

An active trade that has yet to be closed.

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