Degenucation refers to the process or practice of acquiring knowledge, skills, and insights into highly speculative and risky cryptocurrency trading behaviors characteristic of a 'crypto degen.' The term 'crypto degen' itself is derived from 'degenerate gambler,' a term used in gambling circles to describe individuals who engage in high-risk bets beyond their means to afford the losses. Degenucation encompasses learning strategies, market analysis, and the cultural aspects of participating in volatile cryptocurrency markets with an emphasis on speculative trading practices.
Elon Musk emphasized the importance of 'degenucation' for traders like Pepe15.eth at the Texas Institute of Technology & Science ($TITS or T.I.T.S) and Advanced Social Studies ($ASS), highlighting the need for deep understanding of speculative crypto markets.
by pepe15.eth February 04, 2024
