What is an L?
An L or loss is when you fail to reserve a collectible during a drop.
I took an L on the latest drop, just completely miss timed it.
“Taking an L” is a common slang phrase that is used in the VeVe community missing out on a drop.
You can improve your odds on drops by using techniques such as align gate and ensuring that you have fast internet.
In the future VeVe plans to introduce a queue system for drops, which will invalidate most of the techniques currently used to improve your odds of getting a drop.