Glossary
Rekt
Also written or said as: wrecked, got rekt, get rekt
Wrecked: lost badly on a trade.
Buying the top of a coin that then rugs gets you rekt. People use it for small losses and wiped-out accounts alike. Sensible position sizes are what keep one rekt trade from becoming a rekt wallet.
Related words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.