To live a life of trickery and mischief. To be a devious character, but not necessarily nefarious. Abilities granted by Norse god Loki, god of trickery and mischief.
Bro 1: "Bro, what are you up to? Seems like you're up to something mischievous again"
Bro 2: "Maybe I am, maybe I'm not..."
Bro 3: "Still trying to live that 'Loki life' huh?"
Bro 4: "..yes."
by properson March 10, 2014
Get the Loki life mug.