what are bags? what do you guys mean by that term when you use

>>2506639
holy shit
no-one fucking tell him

LURK MOAR

I think it's the name of the Digibyte wallet isn't it?

It's when you have a coin (or stock) that you're stuck holding because the price is under what it was bought it for and the person doesn't sell, for whatever reason.

>>2506645
fuck you

>>2506639
bags are your various coin investments

if you buy and a coin dips without a high likelihood of surpassing your initial investment soon, youre bag holder.

get it? because youd store real coins in bags too.

now lurk moar

>>2506683
>>2506671
thanks a lot guys (:

Bags are when someone is holding a crypto beyond a clear point they should have sold.

Here's an example:
Ricardo bought DGB at 2200 satoshi, he thought he was going to drive lambos because everyone on /biz/ told him he would. The price of DGB has been steadily declining. Ricardo had a perfect opportunity to take a small profit, because the price did go above 2200 satoshi after his purchase. Ricardo got greedy and decided to "hodl" even after the massive and unreasonable rise in price that preceded his purchase. Ricardo is now a bag holder. He is holding bags. Don't be Ricardo. Don't buy ATHs.

Ricardo now has to wait for DGB to go 2200+ satoshi in order to break even on his initial investment.
Ricardo will likely never learn his lesson and "hodl" his DGB again, remaining a bag holder.

How do I avoid holding bags? Don't buy shills.

>>2506645
i kek'd

File: bitcoin-money-bags1.jpg (58KB, 391x307px) Image search: [Google]

58KB, 391x307px

>>2506639

bags are actual bags that we use to store our coins in. As you can see in the image, this is a bag designed for the storage of bitcoins.