What is Paper Hand

Paper hands is a term used in the cryptocurrency and investing communities to refer to investors who sell their investments at the first sign of loss due to fear, panic, or lack of conviction. This term is often used pejoratively to describe investors who are seen as lacking the nerve or patience to hold onto their investments during market downturns.

The idea is that "paper hands" are weak and easily torn, in contrast to "diamond hands," which are strong and durable, like diamonds, symbolizing investors who HODL onto their investments regardless of market volatility.