bag&rdquo;, however, it surely is above-average.</p>\n<p><strong>A bag-holder is usually an investor that keeps his bag of coins for a long period of time despite the market dropdown. </strong>Probably with hopes that their bag will have greater value in the future.</p>\n<p>Bag-holders can even keep their assets if the price goes to absolute zero. They might <strong>not follow the market performance or lack interest and time to do that</strong>, even though their assets operate very badly. It&rsquo;s a normal phenomenon that occurs in the crypto industry.</p>\n<p>Furthermore, this method of hodling poorly performing assets can be referred to as the <strong>&ldquo;disposition effect&rdquo;</strong>.</p>\n<p>The urban dictionary reveals that the term came from <strong>the Great Depression</strong> when people in soup lines had all of their possessions in potato bags. 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Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":48,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Bandwidth?","slug":"what-is-bandwidth","section":"B","keyword":"Bandwidth","status":"published","definition":"the amount of data that can be transmitted per second.","content":"<p>Bandwidth can be mistaken for internet speed, nonetheless,<strong> it is the amount of data capacity available on a network for transactional</strong> <strong>activities</strong>. To be precise, it is measured by the number of megabytes or gigabytes per second that are processed on a network.</p>\n<p>You can also measure bandwidth by transmitting a file, or multiple files, counting the time of transfer also knowing the size of the file. The result is changed to bits per second by dividing the file size by the time necessary for the transmission.</p>\n<p>Many internet speed tests utilize this approach to calculate a user's computer's connection speed to the internet.</p>\n<p><strong>However, bandwidth has a limit. </strong>When the threshold is reached, the data flow becomes insufficient to handle the volume, and all connections slow down.</p>\n<p>Furthermore, speed shows how quickly the information is processed. Bandwidth, on the other hand, shows <strong>how much information reaches you per second</strong>. As an example, let&rsquo;s say you are making yourself a cup of black coffee from an espresso machine.&nbsp;</p>\n<p>If the holder is wider, it fits a larger coffee capsule, therefore, more coffee will flow at a faster speed. So, the pace of how fast the cup of coffee gets full is the speed, and bandwidth is the coffee.</p>\n<p>With blockchain technology, <strong>bandwidth might be tokenized and turned into a marketable and changeable asset</strong>. The asset could be exchanged in the same way as digital money or smart banking is. Nonetheless, instead of money, bits per second would be used.</p>\n<p>Nowadays, blockchain allows tokenizing anything valuable. Keeping that in mind, bandwidth might assist in the future of advanced technology.</p>\n<p>On a decentralized network, <strong>bandwidth might function as a type of currency</strong>. Stable currency should be long-lasting, consistent, divisible, and trustworthy. Bandwidth would not require a centralized financial institution to step in, since it can provide security and transparency on its own. Meaning that it can perform without the need for a central bank's assistance.</p>\n<p>However, at the moment, bandwidth doesn&rsquo;t have trustworthiness. It&rsquo;s mandatory to gain belief in the system in order to survive.</p>\n<p>Also, when several devices are connected to the same internet and performing high-capacity activities such as gaming, streaming, or watching a movie, additional bandwidth is required. Extra bandwidth ensures that devices maintain the same speed. After all, everyone wants their computer to work as quickly as possible.</p>\n<p>To be fair, bandwidth is super valuable, because it has limited resources. Similarly to cryptocurrencies. Besides, the infrastructure is developed to be able to deal with any circumstances.</p>\n<p>Since bandwidth is valuable due to scarcity, it is also relatively expensive. In that regard, the internet depends on it to operate and exist, so <strong>bandwidth has</strong> <strong>tangible worth</strong>. And the need for high-speed technology, like the demand for computer resources, is growing by the day.</p>\n<p>It is difficult to generate more bandwidth while the currency keeps its value. To see a rapid increase, people or local companies might need to take part in constructing the required infrastructure.</p>","level":"medium","meta_title":"What is Bandwidth? Definition & Meaning | Crypto Wiki","meta_description":"Bandwidth meaning: Bandwidth - is the amount of data that can be transmitted per second.","meta_keywords":null,"language":"en","created_at":"2022-02-11T06:18:00.000000Z","updated_at":"2022-11-17T12:36:52.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bandwidth"},"prevSection":{"id":46,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Bag?","slug":"what-is-bag","section":"B","keyword":"Bag","status":"published","definition":"is a crypto word that refers to a large quantity of a specific coin.","content":"<p>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, the holdings should be greater-than-average amounts of that coin. <strong>When the holding is exceptionally enormous, it is often called a \"heavy bag\".</strong></p>\n<p>There is also the term <strong>&ldquo;<a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bag-holder/">bag-holders&rdquo; that refers to the investors that hold their bags for a long time, despite the poor market performance. It could be though, that investors don&rsquo;t analyze what is going on in the market, and just hope that their bags will be valuable in the future.</p>\n<p><strong>The term \"bag\" might be useful in identifying different currencies or tokens in a person's crypto portfolio.</strong></p>","level":"easy","meta_title":"What is Bag? Definition & Meaning | Crypto Wiki","meta_description":"Bag meaning: Bag - is a crypto word that refers to a large quantity of a specific coin.","meta_keywords":null,"language":"en","created_at":"2022-02-10T15:14:09.000000Z","updated_at":"2022-05-13T14:32:22.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bag"},"currentChapter":"B","currentSection":"what-is-bag-holder","chapterTitle":"B","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-bag-holder","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">