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bagholding

What does bagholding mean?

Bagholding is the act of hanging onto an asset whose price has crashed, often refusing to sell at a loss in hope of a recovery. The holder is a bagholder, left holding the bag.

"I've been bagholding this since it was triple the price."

Origin

Verb form of 'bagholder,' from 'left holding the bag.'

Frequently asked questions

What does bagholding mean?
It's holding onto an asset whose price has crashed, often refusing to sell at a loss while hoping it recovers.
What is a bagholder?
The person doing the bagholding, someone 'left holding the bag' on a position that has collapsed in value.
Where does the term bagholding come from?
It's the verb form of 'bagholder,' which derives from the older expression 'left holding the bag,' meaning stuck with the worthless leftovers.
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Slang definitions: FreeDict original editorial.