Paper hands is a term used in the world of investing and trading to refer to investors who are quick to sell their assets when the market turns against them. These investors are seen as lacking conviction and being unable to hold onto their investments during times of volatility. The term is often used in the context of the stock market, but can also be applied to other types of investments, such as cryptocurrencies.
See also: Diamond Hands, Rekt, FOMO, Moon.