What does NGMI Mean?
NGMI is an abbreviation that stands for ‘Not Going to Make It’ or ‘Not Gonna Make It.’ In the cryptocurrency space, this slang term is used to refer to someone who makes an unpopular or poor decision. As a result of that decision, the person is expected to suffer losses and thus, will not make in investing or trading. NGMI is also used when someone expresses a view deemed not to be in accordance with the masses.
A Deeper Look at the Use of NGMI
NGMI is one of the many slangs used in the crypto space, along with other popular terms, such as HODL, FUD, and FOMO.
NGMI is typically used in a self-deprecating way and carries a very negative connotation. It is essentially the equivalent of calling an investor a loser due to their lack of financial success. The first usage of NGMI was from Twitter-user and NFT influencer JRNY Crypto. In this tweet, he says persons who compare NFTs to the ‘Tulip Mania’ as NGMI.
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