fpmarkets
🔥 Most Visited​
Best Brokers
Forex No Deposit Bonus
FSCA Regulated Forex Brokers
Build Your Own Share Portfolio
⚡ Stock Alert : Intel stocks are down 14.07% in the last 24 hours – Buy Stock Here

What is Not Gonna Make It (NGMI) Definition in Crypto?

Categories: Crypto Guides | Published by: Rachna Timalsena
24/06/2024
Not Gonna Make It NGMI

The online community has its own set of vocabulary, which consist of unique words and even short forms. Well, it seems that having short forms for words is not a big issue unless it is slang! The most popular online slang term these days is NGMI. 

Decoding NGMI

“Not Gonna Make It,” or NGMI, is slang used in online communities. It is popular among cryptocurrency investors and traders. It started on social media. This slang shows a lack of confidence or frustration. Thus, it describes someone missing out on profits. This happens because they are tempted to sell during a dip or they want to lock in profits instead of holding on for bigger gains.

On the other hand, NGMI also means a worthless cryptocurrency or shitcoin. One can find NGMI on Crypto Twitter. It is even more common in the NFT world. As a result, users can see it a lot on NFT Twitter and in Discord groups. Another interesting fact about this slang is that NGMI is the opposite of “We’re All Gonna Make It” or WAGMI. WAGMI has a positive meaning. It expresses confidence and optimism.

Also read: Cryptocurrency Term Explained

We are in Social Media

Linkedin X-twitter Facebook

Risk disclosure:

Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit.

Disclaimer:

Top Forex (TopForx.com) shall not be liable for the consequences of trading decisions made by the client and for the possible loss of his capital resulting from the use of this website and the information published on it.

Disclosure of advertisers and revenues:

All the services on the TopForx.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.