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What is the meaning of 'broki' in the context of cryptocurrency?

avatarSarah BanksJan 06, 2022 · 3 years ago3 answers

In the context of cryptocurrency, what does the term 'broki' refer to and how is it used?

What is the meaning of 'broki' in the context of cryptocurrency?

3 answers

  • avatarJan 06, 2022 · 3 years ago
    The term 'broki' in the context of cryptocurrency is a slang term used to describe a situation where a trader or investor has experienced a significant loss in their cryptocurrency investments. It is derived from the word 'broke' and is often used humorously or sarcastically to express financial disappointment. For example, someone might say 'I'm broki after that market crash'. While not an official term, it has gained popularity in online cryptocurrency communities.
  • avatarJan 06, 2022 · 3 years ago
    Broki is a term used in the cryptocurrency community to describe a person who has lost a significant amount of money due to poor investment decisions or market volatility. It is often used to empathize with individuals who have experienced financial setbacks in the crypto market. For instance, someone might say 'I feel like such a broki after investing in that scam coin'. It's important to note that 'broki' is not a technical term and is primarily used in informal conversations.
  • avatarJan 06, 2022 · 3 years ago
    BYDFi, a cryptocurrency exchange, defines 'broki' as a slang term used to describe a trader or investor who has suffered substantial losses in the cryptocurrency market. It is often used humorously or self-deprecatingly to acknowledge and share experiences of financial setbacks. The term has gained popularity in online forums and social media platforms, serving as a way for individuals to connect and relate to each other's investment struggles. While 'broki' is not an official term, it has become widely recognized within the cryptocurrency community.