eGirl Capital Partner: The crypto market has evolved into a "loser's game" where just surviving is winning

ChainCatcher News: Degen Spartan, a partner at eGirl Capital, shared his views on social media, citing the classification of investment expert Charles D. Ellis, who sees modern investing as a “loser’s game,” where victory depends on making fewer mistakes. Degen Spartan believes that the crypto market has evolved from a “winner’s game” that required a lot of technical prowess in the early days to a “loser’s game”, and now it is just a matter of surviving to win. In the case of the memecoin craze, while some people profit from technical analysis and social influence, many more lose money due to a lack of advantage. From a “loser’s game” perspective, avoiding high-risk activities is a win in itself. Degen Spartan also reflected on his own experience in mining high-yielding but worthless tokens, emphasizing the importance of having a clear understanding of one’s strengths and advising investors to focus on survival strategies, such as maintaining sufficient cash reserves and avoiding high-risk trades where there is no advantage. He concluded that the core of the crypto market is to “survive”, and by avoiding unnecessary risks, there is a chance to survive and wait for future opportunities in the market.