How to be a defi degen?

On the live stream yesterday Ian, talked about how some of his friends are Degening and making a killing. Is there any step by step tutorial on how to properly degen ? FULL DISCLOSURE : I AM FINE WITH THE EXTREMELY HIGH RISK ASSOCIATED WITH THIS ACTIVITY.

Is it as simple as looking at new coins on coin gecko and CMC everyday and flipping each new coin in a few days to a few weeks ?

I understand any advice is not financial advice.

I want to delegate a tiny portion of my portfolio to Degening.

Thanks !

My preferred method of degening is to find the low cap coins listed in the Token Metrics indices then researching them on Token Metrics and coingecko. I also like to do research on YouTube because I’m not that technical and people like IvanOnTech and Bitboy do a great job explaining the use case of these projects.