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moonbag
What does moonbag mean?
After a coin pumps, you sell enough to recoup your initial investment and leave a smaller stack riding 'for the moon'. House money. If it goes to zero you don't care; if it 100x's you're a genius. The disciplined degen's compromise.
"Took profit on my SOL at $200, left a 20% moonbag in case it actually hits $1k."
Origin
From 'moon' + 'bag'; the free-riding remainder of a position.
Frequently asked questions
What is a moonbag?
It's the remaining tokens or NFTs a trader keeps after selling enough to recover their initial investment, left to ride for big potential upside.
Why keep a moonbag?
Once you've recouped your cost basis, the moonbag is effectively a risk-free position that can still profit if the asset 'moons'.
Where does the term moonbag come from?
It combines 'moon', meaning a huge price rise, with 'bag', meaning a held position — the free-riding remainder left to reach the moon.
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