noun | bagz
The hefty load of shitcoins you're left holding when you've FOMOed into a pump-and-dump. Bags are the participation trophies of the crypto world - sure, you didn't win, but at least you've got something to show for all those sleepless nights spent staring at CoinMarketCap.
Example
"My bags are so heavy, I've got a permanent crook in my neck from looking down at my phone every 5 seconds to check prices."
"I'm not bagholding, I'm just 'long-term investing' in 'fundamentally sound projects'. That's my story, and I'm sticking to it!"