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Degen

Degen is old shorthand term for a Degenerate. Today, its main use is in the Cryptocurrency community to describe an individual who engages in risky, speculative buying and selling without doing any research.

It is also popular amongst gamblers who use the term to describe a card player, especially in Blackjack, who hits when they shouldn’t and holds when they should hit, therefore muddling the cards that the other players would have gotten.
The Casino Dealer has a 6 showing and the player in seat 1 has 17 and asks for another card. The card he gets is a King and he busts. The next player has a Queen showing so the King the first player got would have been the second players card. The other players will lose their minds and say, “Come on, you Degen, you stole my card. Why don’t you go play somewhere else.”
by BigDaddyDavey May 13, 2023
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degening

degening. basically a verb that describes everything a degen does.
"ah yea mate, I started degening Overwatch again."
by cheesstix April 22, 2022
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Degen

A degen is a person who participated in a multitude of activities that will ultimately result in losing a generations worth of progress by their previous ancestors. May also be used if the person is keeping up with previous family traditions in a way that stunts their progress amongst their piers. The progress could be in many forms and is not restricted to wealth, life skills or health and generally includes positive societal contributions as a major factor.
Well dang, Mark sure is a degen! His moms a teacher and dads an engineer, they worked hard and sacrificed for his college fund and for the last few years he’s having unprotected sex with prostitutes, hasn’t worked, weighs 260 and dropped out of college to marry the second one he got pregnant… Yea and I heard him say he’s banging 7 gram rocks and finishin er day, figures he’s gunna work in the film industry, maybe disapear to LA when the kids born. What a degen!
by 42degreesWest November 1, 2022
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Degen

One who apes into new crypto projects
Jimmy is a fucking degen ape
by solace2077 January 10, 2022
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degen

A shortening of the word degenerate, and a conjugation of the words degenerate and generation - a generation of degenerates, such as alcoholics, drugs addicts, and others needing eventual longterm medical care for persistent substance abuse. This type of care is often liver, kidney, or cardiovascular.
Generation degen went way too hard this time and now they’re on dialysis.
by postfactor January 12, 2022
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degen

A shortening of the word degenerate, and a conjugation of the words degenerate and generation - a generation of degenerates, such as alcoholics, drugs addicts, and others needing eventual longterm medical care for persistent substance abuse. This type of care is often liver, kidney, or cardiovascular.
Generation degen went way too hard this time and now they’re on dialysis.
by postfactor January 12, 2022
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degen

Downgrading from one generation to the last one ***no idea how that one happend***
Person 1: I'm a degen
Person 2: Oh so you became a boomer?
by Your Gay Mother December 7, 2021
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