A Degen is an abbreviation for a ‘Degenerate’ gambler and is often used when talking about people who invest in unaudited projects or does crypto intra-day trading without understanding the risks. Another term that got popular was ‘aping in’, which refers to investing in a coin without DYOR (Doing Your Own Research). If you are new to crypto avoid Degen behaviour or you will get rekt (lose all your money).
