ChainCatcher news, eGirl Capital partner Degen Spartan shared his views on social media, citing investment expert Charles D. Ellis's classification, which considers modern investing as a "loser's game," where victory depends on making fewer mistakes.Degen Spartan believes that the crypto market has gradually evolved from an early "winner's game" requiring high technical skills to a "loser's game," where merely surviving is considered a victory.Taking the memecoin craze as an example, while some have profited through technical analysis and social influence, many others have lost due to a lack of advantages. From the perspective of a "loser's game," avoiding participation in high-risk activities is a victory in itself.Degen Spartan also reflected on his experiences in mining high-yield but worthless tokens, emphasizing the importance of clearly understanding one's own advantages, and advising investors to focus on survival strategies, such as maintaining sufficient cash reserves and avoiding high-risk trades without advantages.He concluded that the essence of the crypto market is to "stay alive," and by avoiding unnecessary risks, surviving provides the opportunity to wait for future market opportunities.