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Sarah ObulešŸŽ­

@sassy88

1255 Following
1048 Followers
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Sarah ObulešŸŽ­
@sassy88
Nut is nice
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Sarah ObulešŸŽ­
@sassy88
Nut have many benefits
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Sarah ObulešŸŽ­
@sassy88
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Sarah ObulešŸŽ­
@sassy88
Degens are risk-tolerant individuals who buy into the latest shitcoins or memecoins early enough to cash out big when their prices start mooning. Degens is short for Degenerates, and they are popular in the Defi (decentralised finance) space.
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Sarah ObulešŸŽ­
@sassy88
The safest choice when buying DEGEN is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first.
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Sarah ObulešŸŽ­
@sassy88
Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps.
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Sarah ObulešŸŽ­
@sassy88
The interconnected nature of global financial markets has a significant impact on degen trading. Market events in one region can trigger cascading effects across multiple asset classes and geographies, amplifying volatility and creating both challenges and opportunities for degen traders
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Sarah ObulešŸŽ­
@sassy88
Degen trading represents a fascinating, albeit risky, facet of modern financial markets. For professionals within the financial markets, understanding the nuances of this trading style is essential for navigating the complexities of today's investment landscape.
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Sarah ObulešŸŽ­
@sassy88
Degen trading contributes to increased volatility in financial markets, particularly within the cryptocurrency sector. The aggressive trading strategies employed by degens can lead to rapid price swings, impacting market stability and investor confidence.
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Sarah ObulešŸŽ­
@sassy88
Degens chase the highest yields by rapidly jumping between different DeFi protocols while disregarding whether the project is legit.
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Sarah ObulešŸŽ­
@sassy88
The name ā€˜degenā€™ is short for ā€˜degenerate.ā€™ This word was an unpleasant term given to individuals in the early 90ā€™s who were known for gambling all their assets, especially those they couldnā€™t afford to lose
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Sarah ObulešŸŽ­
@sassy88
The rise of degen trading has also prompted discussions around the need for regulatory oversight. In the UK, financial authorities are increasingly focused on protecting investors and ensuring market integrity, particularly in the rapidly evolving cryptocurrency space
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Sarah ObulešŸŽ­
@sassy88
This Degen price prediction will dig deep into the founding of this project, looking at both technical and fundamental analysis to build a better picture of what could be coming. We will also spend time looking at the wider marketplace, and see if investors currently have an appetite for $DEGEN.
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Sarah ObulešŸŽ­
@sassy88
Degen trading represents a fascinating, albeit risky, facet of modern financial markets. For professionals within the financial markets, understanding the nuances of this trading style is essential for navigating the complexities of today's investment landscape.
0 reply
0 recast
0 reaction
Sarah ObulešŸŽ­ pfp
Sarah ObulešŸŽ­
@sassy88
Degen trading contributes to increased volatility in financial markets, particularly within the cryptocurrency sector. The aggressive trading strategies employed by degens can lead to rapid price swings, impacting market stability and investor confidence.
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Sarah ObulešŸŽ­
@sassy88
The high-risk nature of degen trading cannot be overstated. Traders often engage in leveraged positions, where borrowed funds are used to increase the size of a trade, amplifying both potential returns and losses. Such strategies can lead to significant financial gains in a short period but also expose traders to the risk of equally swift and substantial losses
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Sarah ObulešŸŽ­
@sassy88
Degen trading, short for "degenerate trading," refers to a style of financial trading characterised by extremely high risk and speculative strategies. Often associated with the cryptocurrency markets, this approach has gained notoriety for its potential to yield significant returns, albeit accompanied by a heightened risk of substantial losses.
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Sarah ObulešŸŽ­ pfp
Sarah ObulešŸŽ­
@sassy88
The name ā€˜degenā€™ is short for ā€˜degenerate.ā€™ This word was an unpleasant term given to individuals in the early 90ā€™s who were known for gambling all their assets, especially those they couldnā€™t afford to lose.
0 reply
0 recast
0 reaction
Sarah ObulešŸŽ­ pfp
Sarah ObulešŸŽ­
@sassy88
The name ā€˜degenā€™ is short for ā€˜degenerate.ā€™ This word was an unpleasant term given to individuals in the early 90ā€™s who were known for gambling all their assets, especially those they couldnā€™t afford to lose.
0 reply
0 recast
0 reaction
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Sarah ObulešŸŽ­
@sassy88
Visit decentralized applications (DApps) built on Degen Chain. These can include DeFi platforms, NFT marketplaces, and gaming applications. Connect your wallet to these DApps to start interacting with them.
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