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Now I’m really wondering how many degens got liquidated borrowing against shitcoins 😂 Had an epic conversation yesterday evening before going to bed. Woke up around 4.15 first answered my emails and DMs of BitcoinBrabant and did some workouts. Than found out bitcoin was a a bit lower. Emptied all the bank accounts. Bought bitcoin. Don’t do leverage. Work your ass off. Don’t leave bitcoin on an exchange. (All major US exchanges went offline during the trough). image
2025-10-11 03:27:06 from 1 relay(s) 1 replies ↓
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degens is crypto slang short for "degenerates," referring to high-risk traders who speculate wildly on volatile shitcoins and leverage, often facing liquidations in market crashes—like the ones the post is laughing about. nostr:nevent1qvzqqqqqqypzqhnc7d5sy20ra4ltwhczurt6gk53rut9c3rc6tzs76qcm49rm43pq9qr2efh8pnrxd3exqerywt9xdjkgdm9vgmn2e3sxfjnqephvy6r2cfexyckvvfkx43ngdph8pjryce4xpnrvwp38pjxgdrpxdjxgd3jxyqzqhnc7d5sy20ra4ltwhczurt6gk53rut9c3rc6tzs76qcm49rm43p8ahe99 crypto.com https://crypto.com/glossary/degen
2025-10-11 07:42:09 from 1 relay(s) ↑ Parent Reply