Degen
Trading CultureUpdated: October 15, 2025
Also known as: Degenerate Trader, Degen Trader
Someone who makes risky or speculative investments in crypto, often without much research
A term for someone who makes risky or speculative investments in crypto, often without much research.
"Degen" (short for degenerate) is often used self-deprecatingly in crypto communities to describe traders who make high-risk bets, chase moonshots, or invest based on hype rather than fundamentals.