What Is NGMI in Crypto?

What Does NGMI Mean?

“NGMI” is an acronym for “Not Gonna Make It”. Frequently used among investment communities on the internet (including cryptocurrency), "NGMI" is used to describe investors who make bad decisions or poor financial decisions. While it can also be used to express feelings of hopelessness and disappointment, it's more often used in response to questionable investment decisions.

Connotation

The term carries a negative connotation as it suggests that the investor has made a flawed decision or investment. It can also be used by investors to inspire FOMO (fear of missing out) when they promote the cryptocurrency they're supporting, suggesting that anyone who isn't bullish is "never gonna make it" because they're missing out on the opportunity.

Antonym

The term “NGMI” contrast with “WAGMI”, an abbreviation for “We’re all gonna make it”. "WAGMI" carries a positive connotation and is a term that expresses solidarity among the community. 

Examples

Here are some ways “NGMI” can be used: 

• “NGMI” is often used in discussions when criticizing questionable investment decisions such as “paper handing” a token.
  "Paper hands are NGMI" – this means that investors who sold their tokens at the first sign of financial risk are never gonna make it. 
  Likewise, if someone says "Sold for 1.5x? NGMI" they mean that the seller has made a questionable investment decision by selling too early. 

• "NGMI" can also be used among investors when they are discussing the potential of a token.
  "If you're not in ETH, your NGMI" – this implies that if an investor hasn't invested in ETH, they're never gonna make it because they're missing out on an investment opportunity.

• "NGMI" can be used to inspire FOMO (fear of missing out).
  "If you're not bullish on PEPE, you're NGMI and HFSP" – this implies that if an investor is not bullish on PEPE, they're never gonna make it and stay poor because they're missing out PEPE's potential. 

If u are into solana Nfts and you are still grinding for someone
You are NGMI Fr

— THAT WEB3 DUDE (@Ebubechi_GMI) May 15, 2022