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Bags

Definition

A ‘bag’ is a crypto word that refers to the coins and tokens one is holding as part of their portfolio.

Understanding the Term

A bag is a term used in cryptocurrency that refers to a significant amount of a single coin. There is no exact number of coins that can be classified as a bag, nonetheless, when the value is relatively high, one could say they are holding “heavy bags” of a certain coin or token.

Takeaway

There is no specific universal threshold of exactly how many tokens or coins constitute a bag

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