Degen

Di CoinGecko | Aggiornato il Nov 03, 2020
Shorthand for Degenerate. Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps. A Degen Trader does not know about metrics like FDV or TVL nor do they care. They will buy because the asset logo looks cute, or because the slogan is memeable, or because some twit-famous anime girl on the internet says she's looking into crypto and the first two shill comments gets more likes than others. Essentially, a degen trader buys into an asset not because they see value, rather they do so with the belief that others will join in after them and speculate on the price swings.

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Termini correlati

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A backward-compatible update to a decentralized blockchain protocol.
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Stop-loss order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
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