Degen

"Degen" is short for "degenerate," often used in online communities and crypto spaces to describe someone who takes high-risk, speculative actions, typically in the world of trading or gambling. It refers to a person who embraces reckless or impulsive behavior, usually with a sense of humor or self-awareness about their risky choices. For example, a crypto degen might invest in volatile altcoins or NFTs without much research, riding the highs and lows of the market. While the term can be playful or self-deprecating, it also highlights the dangerous side of chasing quick profits in unpredictable environments.