Sabtain512

@sabtain512

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Degen is short for "degenerate," often used in the context of cryptocurrency or online gambling, referring to someone who takes high-risk, reckless bets.Many "degens" thrive on the thrill of quick gains, but they also risk massive losses in volatile markets like crypto or NFTs.While the term has a negative connotation, some wear the label proudly, embracing the chaotic, high-stakes nature of their investments or hobbies. In the world of decentralized finance (DeFi), a "degen" might jump into the latest token launch without thorough research, driven by the fear of missing out (FOMO).

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The term "Degen" is often used in the cryptocurrency and NFT communities to describe someone who takes high-risk, speculative bets in the market. It’s shorthand for "degenerate," suggesting a gambler’s mindset, someone who dives into risky trades without much concern for long-term stability. While "degens" can make massive profits in volatile conditions, they also face significant losses. The lifestyle of a degen is often tied to fast-paced, adrenaline-fueled trading, where success or failure can happen in an instant.

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@artkollector.eth is king of Degen

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Degen is best project 💐 💐 💐 Please support me. I shall support you 🥰🥰😍😍😍😍😍😍😍😍 While some embrace the label with pride, seeing it as part of their adventurous spirit, others view it as a cautionary tale of what happens when risk is taken too far. In essence, being a "degen" is about pushing boundaries, sometimes to the point of self-destruction, all in the name of thrill and profit.

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@5050 is King of Degen He is nice boy 😍😍😍😍

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@lunamarsh is a king of Degen She is my best friend 💐💐💐

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@myro5 is a king of Degen

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Especially in the worlds of cryptocurrency, stocks, or online gambling. The term is typically associated with individuals who take reckless or impulsive financial risks, sometimes for the thrill rather than for logical gain. In the crypto space, "degens" might be seen chasing after the latest meme coin or NFT project, ignoring traditional investment strategies in favor of short-term, high-reward opportunities. While often used humorously or self-deprecatingly, it can also carry a negative connotation, implying a lack of caution or responsibility.

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