eGirl Capital Partner: The Crypto Market Has Evolved into a 'Loser's Game'

Degen Spartan, a partner at eGirl Capital, shared his views on the crypto market on social media, citing investment expert Charles D. Ellis's classification that modern investing is a "loser’s game," where victory depends on making fewer mistakes. He believes that the crypto market has gradually evolved from an early "winner’s game," which required advanced technical skills, to a "loser’s game," where merely surviving is now considered a victory. Using the memecoin craze as an example, he noted that while some have profited through technical analysis and social influence, many have lost money due to a lack of advantages. From the perspective of a "loser’s game," avoiding high-risk activities is in itself a form of victory. Degen Spartan reflected on his experiences in mining high-yield but worthless tokens, emphasizing the importance of clearly understanding one’s own advantages and advising investors to focus on survival strategies, such as maintaining sufficient cash reserves and avoiding high-risk trades where they have no edge. He concluded that the essence of the crypto market is "don’t die." By avoiding unnecessary risks, you can survive and have the opportunity to wait for future market opportunities.