"NGMI" is an acronym that stands for "Not Gonna Make It." It's an internet slang term that’s often used to express a sense of hopelessness or a lack of confidence in something, reflecting feelings of frustration or disappointment.
When someone says "NGMI" in the context of cryptocurrency, they’re expressing their doubt that a crypto-related matter like a newly launched project will achieve remarkable growth.
In the volatile world of cryptocurrencies, making accurate predictions about price movements is incredibly difficult. While NGMI may be used as a joke or a way to express doubt, it's always wise to approach investment decisions with careful analysis rather than getting caught up in the hype.
Example
I’m so bearish on NFTs right now, if you’re not taking profits you’re NGMI.