PANews reported on March 10 that Degen Spartan, partner of eGirl Capital, shared his views on social media, citing the classification of investment expert Charles D. Ellis, and regarded modern investment as a "loser's game", that is, victory depends on making fewer mistakes. Degen Spartan believes that the crypto market has gradually evolved from a "winner's game" that required superb technical skills in the early days to a "loser's game", and now only survival is victory.
Take the memecoin craze as an example. Although some people have made profits through technical analysis and social influence, more people have lost money due to lack of advantages. From the perspective of "loser's game", avoiding high-risk activities is a victory in itself. Degen Spartan also reviewed his experience in mining high-yield but worthless tokens, emphasized the importance of clearly recognizing one's own advantages, and advised investors to focus on survival strategies, such as maintaining sufficient cash reserves and avoiding participating in high-risk transactions without advantages.
He concluded that the core of the crypto market is "don't die". By avoiding unnecessary risks, you can survive and have the opportunity to wait for future opportunities in the market.
