281
edits
Jimcrypted (talk | contribs) (First edit) |
Jimcrypted (talk | contribs) m (added link to sources) |
||
Line 1: | Line 1: | ||
The name “degen” is a play on “degenerate gambler,” which implies a certain level of intimacy with the prospects of financial ruin. However, many who are classified as degens would instead describe themselves as traders. They can “experiment,” “speculate,” or “take a calculated risk”—all without losing sleep over any potential losses. | The name “degen” is a play on “degenerate gambler,” which implies a certain level of intimacy with the prospects of financial ruin. However, many who are classified as degens would instead describe themselves as traders. They can “experiment,” “speculate,” or “take a calculated risk”—all without losing sleep over any potential losses. | ||
“Degens are traders willing to go above and beyond the normal risk appetite of trading a [[shitcoin]] by putting absurd amounts of capital on the line to farm, buy or trade brand new tokens with extreme degrees of risk and even higher returns,” | ''“Degens are traders willing to go above and beyond the normal risk appetite of trading a [[shitcoin]] by putting absurd amounts of capital on the line to farm, buy or trade brand new tokens with extreme degrees of risk and even higher returns,” [https://defirate.com/author/cooper/ Cooper Turley]'' | ||
edits