What Does BAGHOLDER Mean in a Text?
Trading in Crypto
TikTok is rammed with get-rich-quick schemes based on the cryptocurrency market. However, despite all the innovation and potential for long-term growth with cryptocurrency, the market remains highly volatile. Yes, this offers the potential for high returns quickly, but it also means lightning-fast losses are also a possibility. If you're planning to trade, get familiar with the cryptocurrency terms, do your own research, and know the risks. Here is the term you're looking for:BAGHOLDER means "someone whose position has severely dropped in value."
More Observations...
In financial slang, a bagholder is a shareholder left holding shares of worthless stocks. Typically, this person loses most or all or their money. The term was created by combining "shareholder" with the expression "left holding the bag." This expression has two potential origins.- "Left holding the bag" is thought to have originated in eighteenth century Britain. A person left holding the bag is left with the stolen goods. Once caught by the police, the "bag holder" takes the blame while the rest of the criminals escape.
- Another theory is that the term comes from people in soup lines during the Great Depression. The people who held potato bags filled with their only possessions were referred to as "bag holders."
Image for BAGHOLDER
When I write BAGHOLDER, I mean this:
[A BAGHOLDER loses most or all or their money.]
Summary of Key Points
We have summarized the key points in the table below:BAGHOLDER | |
---|---|
Definition: | someone whose position has severely dropped in value |
Type: | Word |
Guessability: | 4: Difficult to guess |
Typical Users: | Adults |
Examples of BAGHOLDER in Sentences
Here are examples of BAGHOLDER in conversations:- John: Why did you sell the stock?
- Fred: Because I didn't want to be the BAGHOLDER. The stock is vastly declining.
An Academic Look at BAGHOLDER
As it is formed by merging two words into one, BAGHOLDER is classified as a portmanteau word. It is formed by amalgamating the terms share holder and left holding the bag.Example of BAGHOLDER Used in a Text
BAGHOLDER
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Glossary of Cryptocurrency Terms
Currency Symbols
dd (due diligence)
diamond hands (someone who holds stocks or shares adamantly)
gay bear (someone who expects a stock to decline, a stock shorter)
gme (game stop stock)
paper hands (someone who sells stocks or shares too early)
retards (share traders)
stonks (stocks)
tendies (gains or profits in stocks or shares)
wsb (Wall Street Bets Reddit)
Using the currency symbols
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