In today’s edition of the Daily Shard’s ongoing series, Know Your Downmarket we are crashing, wrecking, smashing and bashing the vocab game with the term “Rekt” — What does it mean to get rekt, be rekt, stay rekt, fix your rekt self? We will talk about it below, silly! Let’s get started.
What does it mean to get rekt
When someone in the world of cryptocurrency trading gets “rekt,” it means they’ve been wrecked – totally broke. It’s a term that’s used pretty lightly, considering the potential severity of the situation. Markets can be very unforgiving, and even the most experienced traders can get rekt if they’re not careful. So, if you’re thinking about getting into crypto trading, be prepared for the possibility that you could get rekt.
When someone in the crypto world says they got “rekt,” it means they got wrecked – broke, basically. It’s a term that’s commonly used in trading circles to describe a bad loss, and it’s become part of the broader crypto vernacular.
There are plenty of ways to get rekt in the markets. You can buy into a hype-fueled coin only to watch it crash and burn. You can make a risky trade that doesn’t pay off. Or you can simply get caught in the wrong place at the wrong time.
Conclusion
Whatever the case may be, getting rekt is never fun. But if you’re going to trade cryptocurrencies, it’s inevitable that it will happen to you at some point. The important thing is to learn from your mistakes and keep on trucking.
Because we here at the Daily Shard’s editorial team enjoyed the last Know Your Downmarket poem so much, we have done it again! Captured magic in a bottle and wrote a second poem for your enjoyment, perusement, amusement, bemusement.
I have been in a wreck at the stock market.
It was a frightening experience,
I felt like I was going to die.
But I survived, and I’m glad I did.
Now I can tell my story
Of how I survived the market crash,
And how I’m stronger for it.
So if you’re ever feeling down,
Just remember that I made it through,
And so can you.
The Daily Shard and all its stories are complete wastes of time and works of fiction. Names, characters, businesses, places, events, and incidents are either the products of the author’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.
