"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.
WAGMI is an acronym for the phrase “We’re All Gonna Make It.” It is a slang term used on social media platforms among traders and investors to convey a sense of optimism or encouragement.
Crypto investors often employ the term WAGMI to uplift their fellow investors when a cryptocurrency project they have invested in shares positive updates that indicate forthcoming adoption. This term finds usage in project-related posts or within the comment sections, creating a supportive atmosphere. On Twitter, the hashtag #WAGMI is commonly utilized to express solidarity for both the project and its community members. Additionally, phrases such as GMI (Going to make it) and YGMI (You're going to make it) serve the same purpose and carry similar connotations as WAGMI.
