1. | defintion

When someone holds a cryptocurrency through a pump and dump, they are left holding a bag (useless coin) that they bought for much higher than it's current value, and therefore they are stuck with a bag no one wants - a bagholder.

2. | definition

Someone holding onto an asset going towards zero

3. | meme

A bagholder is every individual holding onto crypto assets

* All terms and definitions may change as the Cryptionary improves