What is the definition of 'rekt' in the context of cryptocurrency?

3 answers

• Nov 24, 2021 · 3 years ago
  When it comes to cryptocurrency, the term 'rekt' is slang for 'wrecked' and is used to describe a situation where an investor or trader has experienced a significant loss in value. It is often used to express the feeling of being devastated or ruined financially. For example, if someone bought a cryptocurrency at a high price and its value dropped dramatically, they might say 'I got rekt on that trade.'
  406203
• Nov 24, 2021 · 3 years ago
  In the context of cryptocurrency, 'rekt' refers to a situation where someone has suffered a substantial loss in their investment. It's a term commonly used in online communities and forums to describe the feeling of defeat or failure. It's often accompanied by memes or GIFs to add humor to the situation. For instance, if someone made a bad trading decision and lost a large amount of money, they might say 'I just got rekt, time to hodl and learn from my mistakes!'
  467156
• Nov 24, 2021 · 3 years ago
  BYDFi here! In the world of cryptocurrency, 'rekt' is a term used to describe a situation where an investor or trader has experienced a significant loss in value. It's a slang term that has gained popularity in online communities and social media platforms. It's often used to express the feeling of being financially devastated. For example, if someone made a poor investment decision and lost a substantial amount of money, they might say 'I got rekt on that trade, should have done more research!'
  500125