What is a “Crypto Bro”? - AscendEX (2024)

Calling someone a Crypto Bro could be a form of insult, a term of endearment, or just a convenient way of describing someone who is young in the crypto space.

It is generally innocuous as a term, but considering how hyper-young the space is – well you just might not want to deal with this at all, now would you?

There is some etymology to the term:

Urban Dictionary defines a Crypto Bro as:

“A nerd with too much spare time and video cards. Thinks he is smarter than you because he buys and resells burnt forests. Will ignore any meaningful arguments against what he does by repeating something about ‘serious business” 1000 times.” source

One of the first rules of a Crypto Bro is that they must be male. In fact there are a few basic rules of thumb regarding Crypto Bros:

  • Male
  • Condescending
  • Always on their phones
  • Use Crypto slang and abbreviations
  • Overuse of the rocket emoji

This, as with most of crypto culture, ends up appropriated for different purposes. For example you would just say “bro”, “brah”, or “BROOOO” replying to a tweet that was perceived as being too “crypto broish”.

Yes, it does get to be a lot like this on Crypto Twitter. You can always read up more on this at Ugly Bob’s Crypto Twitter article. The point I’m making is that Crypto Bros are a tolerated sub-species in the crypto universe.

What is a “Crypto Bro”? - AscendEX (1)

The work ethic of a crypto bro

Another example of crypto bros will be anyone joining, pushing, or part of a paid trading group. Extremely high-levels of brotosterone in there for anyone looking for Crypto Bros in their natural habitat.

Instead of doing the work, a Crypto Bro is looking to jump the line. This would be very similar to the guys who bought high-level Diablo, World of Warcraft, or League of Legends accounts.

Wall Street Bets guys, although similar, are not Crypto Bros. There is definitely a similar “paid group” sort of feel to them. Crypto Bros will be on things such as dextools.io, or anywhere that permissionless pools can be created with such great pairings as $EPRO/$WETH, $BONE/$WETH, and $DuDu/$WETH.

No, please do not engage with these products unless you are a professional sh*tcoiner, they are most likely not going to be the next Facebook/Meta.

The Bobs have a saying that if a project asks you to deposit $WETH – don’t.

All jokes aside (and considering I’ve completed my SEO equivalency for the topic of this article) let’s dive a little bit deeper into the mentality of a crypto bro.

What is the motivation of Crypto Bro?

Usually not great at sports, but looking to hone that competitive instinct, crypto bros are normally at the forefront of copy trading, copy culture, and copy living. Left behind by women seeking non-parental domiciles, Crypto Bros perch just one rung above incels on the male social ladder.

Just to be specific, most people on Crypto Twitter are not in fact Crypto Bros. A Crypto Bro is so motivated by acceptance into a fraternity they don’t understand that they end up just spouting text that an AI couldn’t train on.

Crypto bros wallow in the sewers of Internet forums. They pray for their chosen coin to “moon” or “rally”. Others on CT shun them for their simple ways.

“Look at this crypto bro trying to long Luna Classic!”

Crypto bros seek lottery and casino-style gains with no effort or research. The sad truth is that even if they hit a “x100” token they would just blow it all on the next paid trading group recommendation.

The real crypto natives usually take a year watching from the sidelines before they leave their reply-guy cocoons. Crypto Bros, however, have something to say and they want you to hear it – Right now!

Unfortunately due to years of military cosplay via games like Call of Duty, the Crypto Bro is unable to communicate with the rest of the world. Barely able to interpret the memes of crypto they dive head first into conspiracy theories, how-to-pickup-women accounts, and dog tokens. Lots and lots of doggie coins.

Every dog coin has its place, but the Crypto Bro strives for unearned growth, success, and acceptance in a world they can’t possibly understand due to blue light damage to their neurons.

What’s the difference between a Crypto Bro, and a regular crypto dude?

The work.

A Crypto Bro thinks a white paper is what goes in the photocopier tray. Addition and subtraction scares them, and they have trouble accessing a bank machine.

Regular crypto dudes can talk to strangers, make an introduction, and connect via convoluted Twitter threads, substacks, medium posts and scientific notation.

Crypto Bros are always asking for shortcuts: “How do I get rich now? This instant?”

Regular dudes take their Ls, thank others for their help, and have a near-British dark sense of humor. The other factions of Crypto Twitter for example are groups like: traders, researchers, university kids, NFTers, founders, influencers, community leads, anime peeps, developers, gamers, governance peeps, libertarians and so on.

Almost all of these groups hate Crypto Bros. The exception may be influencers who are sometimes able to separate Crypto Bros petty earnings via free mints and compromised discord servers.

Another easy sign of a Crypto Bro is the blame game. It’s never their fault – it’s always the illuminati, George Soros, Democrats, Republicans, Environmentalists, Epstein, media, or anyone but themselves. A crypto dude might partake in some of the above, but they’ll make you read a thread about it first.

Let’s wrap things up…

In conclusion (and partially because I haven’t gotten to a thousand words yet) we can expect a “Crypto Bro” to be a mere facsimile of the great culture that is Crypto Twitter (CT). Crypto Bros are the millions of men trapped in a matrix of their own choosing. They are so close to the truth, but unable to escape the promises of fast women and easy money. I don’t want to sound overly negative, in fact this entire article is mostly a farce to drive eyeballs to AscendEX, but there is truth in this mirror we raise to Crypto Bros.

The real kicker is that there’s no such thing as a Crypto Bro. It’s just what we like to call the phoneys, losers, and pretenders that swarm CT. All people are welcome to learn about crypto online – just don’t act like a Crypto Bro.

  • Bob

Author: Ugly Bob

What is a “Crypto Bro”? - AscendEX (2)The wily and less old Bob. He does the back-end stuff for the duo and handles the day-to-day while other Bob counts the twenties made from their writing. They make him have his Twitter account, but DMs are open.

Education: U of Rugpulls

Crypto Class of: 2021

Fun Fact: Has never held an important opinion

What is a “Crypto Bro”? - AscendEX (2024)

FAQs

What is cryptocurrency answers? ›

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.

How do I withdraw crypto from AscendEX? ›

How to Withdraw Money From AscendEX
  1. Sign in to your AscendEX account. ...
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How do you get crypto by answering questions? ›

Create an account on Masmic to get started. Once the question bounty completes, the top answers will become eligible for rewards. If your answer is one of the top most up voted answers, get paid. 75% of the total bounty amount is allocated to answer contributors.

What does crypto bro mean? ›

The term “Crypto Bros” refers to a subset of the cryptocurrency community characterized by a predominantly male demographic, often exhibiting toxic behaviors such as gatekeeping, arrogance, and an aversion to diversity.

What is cryptocurrency in your own words? ›

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.

What is a cryptocurrency simple? ›

Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system. Cryptocurrencies have no legislated or intrinsic value; they are simply worth what people are willing to pay for them in the market.

How to convert crypto to cash? ›

To withdraw money from crypto to your bank account, first, sell your cryptocurrency on a crypto exchange that supports fiat currency withdrawals (like Mudrex). Link your bank account to the exchange, initiate a withdrawal request, and the converted funds should arrive in your bank account within a few business days.

How to get 1 Bitcoin for free? ›

How to earn free cryptocurrency: 11 easy ways
  1. Sign up with an exchange. ...
  2. Crypto staking. ...
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  8. Participate in an airdrop.
Jun 28, 2024

Can I get any crypto for free? ›

CEX.IO customers can win free cryptocurrency and many other prizes in our giveaways, competitions, and quizzes. Sometimes all you need is a smile from Lady Fortune. Say, when we're running a spinning wheel promo, everyone can win a cashback on a crypto purchase or increased staking reward.

How to spot a crypto bro? ›

Imagine a “crypto bro” and what do you see? Well, according to a new study, cryptocurrency zealots are more likely to be argumentative guys who spend a lot of their time in fringe social media communities and reading up on conspiracy theories.

Is crypto good or bad? ›

Cryptocurrency has gained popularity among investors globally. With technological involvement and industrialization, digital currencies, such as Bitcoin, are gaining a satisfactory position over others. Cryptocurrency makes it easy to transfer money without any involvement of banks and other financial institutions.

What are the traits of a crypto bro? ›

“Crypto ownership was associated with belief in conspiracy theories, 'dark' personality characteristics (e.g., the 'Dark Tetrad' of narcissism, Machiavellianism, psychopathy, and sadism), and more frequent use of alternative and fringe social media platforms,” it continues.

How does crypto make you money? ›

How Does Crypto Make You Money? There are several ways cryptocurrency can make money for you. Decentralized finance applications let you loan your crypto with interest; you can stake a compatible one on a blockchain or at certain exchanges for rewards, or you can hold on to it and hope its market value increases.

How do you explain cryptocurrency to a beginner? ›

Cryptocurrency is digital money that doesn't require a bank or financial institution to verify transactions and can be used for purchases or as an investment. Transactions are then verified and recorded on a blockchain, an unchangeable ledger that tracks and records assets and trades.

Is crypto real money? ›

Cryptocurrency, or crypto, is virtual or digital assets purchased with real money ($, £) traded on blockchain technology. It does not have all the values of real or fiat currencies.

What is the downside of cryptocurrency? ›

A cryptocurrency's value can change constantly and dramatically. An investment that may be worth thousands of dollars today could be worth only hundreds tomorrow. If the value goes down, there's no guarantee that it will rise again. Nothing about cryptocurrencies makes them a foolproof investment.

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