Not Gonna Make It (NGMI): What Is It?
“Not Gonna Make It,” or NGMI, is a term commonly used in online communities, especially in the world of cryptocurrency investing and trading. It started on social media and is typically used to express doubt or frustration.
People often use this term to mock someone or a cryptocurrency they see as a failure.
What does NGMI mean?
In the world of cryptocurrency trading, NGMI stands for “Not Gonna Make It.” It’s a term used to express doubt or skepticism about the ability of someone, including oneself, to be successful in trading digital assets like bitcoin (BTC), ether (ETH), or other altcoins.
Cryptocurrency trading involves buying and selling digital assets with the goal of making a profit. However, due to the market’s high volatility, predicting its movements can be challenging. This unpredictability can lead to losses, especially for inexperienced or uninformed traders.
Usage of NGMI
When someone uses the term NGMI, they’re often acknowledging the risks and difficulties associated with trading. It can be a self-deprecating comment or a way to express skepticism about another person’s trading abilities.
NGMI can also be used humorously to poke fun at a project, such as a newly launched meme coin, suggesting that it may not succeed or generate significant profits.
On the other hand, “We’re All Gonna Make It” (WAGMI) is a term used in the cryptocurrency community to express confidence and optimism about future trading success.
FAQs
What does NGMI mean in Discord?
NGMI stands for “Not Gonna Make It.” It’s an internet slang term commonly used by the crypto community to express a lack of faith in the success of things like tokens, NFT projects, or investments.
What is the difference between NGMI and WAGMI?
NGMI and WAGMI are opposite terms. NGMI means “not going to/gonna make it,” while WAGMI means “we are going to/gonna make it.” Both terms can also be used sarcastically, flipping their meaning.
How do you use NGMI?
NGMI, short for “not gonna make it,” is used to express the sentiment that a decision or investment is not going to be successful. These terms are commonly used in the cryptocurrency world, especially in the NFT space, on platforms like Twitter and Discord groups.
What does GMI mean in crypto slang?
GMI is short for “Gonna Make It,” and it’s a term of endearment in the crypto space. It’s used to reassure someone that they’re on the right track and likely to succeed. People often use it on platforms like Twitter and Discord to offer encouragement and affirmation in their decisions.
Also Read: Examining Different Social Media Terms
