Unlike traditional finance where a "forgot password" button saves your butt, in crypto, you are entirely responsible for your funds. They don't call it self-custody without reason. Lose your private key? Tough luck. Forget your seed phrase? Enjoy you...
There are two main flavours of wallets:
- Hot wallets — fast, convenient, and about as secure as using “password123” for your email.
- Cold wallets — like 2-FA for crypto, slow, clunky, and built for people who believe in "safety first" (or who've been rugged before).
A real degen knows: You need both. One for your day-to-day shenanigans. One for the real bags you swear you’ll HODL for a decade (but will probably panic sell in three months).
Hot wallets are on-chain, this makes them handy for decentralised finance, they provide quick access to funds that you are regularly moving around. Whereas cold wallets are off-chain, they can't be transferred without your 2FA key.
Please note you should never buy cold wallets from 3rd party sellers like eBay or facebook marketplace, you want to make sure you buy directly from the supplier to make sure the product hasn't been tampered with!
Welcome to the meat grinder of crypto: The Exchanges.
This is where you swap your hard-earned fiat into glorious JPEGs, meme coins, and "blue chips" (that hopefully don’t go to zero). Whether you're buying your first Bitcoin or trading some obscure dog-themed token, you’ll need to dance with the central...
There are two main flavors of exchanges:
- CEXs (Centralized Exchanges) — Think crypto banks. You send them money, they send you coins. Easy... until they rug you. ("Not your keys, not your coins," remember?)
- DEXs (Decentralized Exchanges) — Wild West trading. No middlemen, no customer service, no mercy. You sign transactions directly from your wallet and pray for the best. Spoiler alert: You're gonna end up using both. 📈📉
In this section, we'll run through the best CEXs and DEXs every aspiring degen needs to know about — with the usual warnings, memes, and battle scars included. (And yes, we’ll tell you which ones you should probably avoid like the plague too.) Ready?...
If crypto is the casino, NFT marketplaces are the slot machines. Here’s where you paper-hand grails, chase generational wealth, or list your bags into oblivion. Every floor is a battlefield, every sale is a micro-dopamine hit, and every missed mint i...
You’re not a real degen until you’re knee-deep in JPEGs, posting about floors, and coping through gas wars.
Degen Tip: You don’t have to live on CEX marketplaces, but sometimes you gotta camp there. Brand mints = easy flips (if you’re early). Just don’t get stuck holding celebrity JPEG bags when the music stops. Also if you can transfer the NFT from CEX to...
Ever found an old hot wallet you totally forgot about? Chances are, you’ve got some money lost somewhere in DeFi — the space is so massive it’s way too easy to lose track. That’s where these tools come in clutch.
No joke — while writing this article, I found $70 I’d staked on Yearn Finance three years ago and completely forgot about. Free money hits different when you weren't even expecting it. Sure, it helps to write everything down (do it!), but having the ...
Welcome to the degen gear locker. In crypto, it’s not enough to just buy the bag — you need to defend the bag like it’s the last donut at fat camp. This section covers the must-have tools to keep your coins safe, your trades private, and your setups ...