Bagholder

A bagholder refers to an investor who continues to hold onto a cryptocurrency or other asset that has significantly decreased in value, often until the asset becomes nearly worthless or its value drops so far below the purchase price that it becomes difficult to sell without incurring a substantial loss.

This term is often used to describe an investor who, despite the declining value of their assets, remains optimistic or in denial about their potential to recover their initial investment, inadvertently executing a "Buy High, Sell Low" strategy.