What is the Meaning of NGMI?
“NGMI” ("Not Gonna Make It") is a slang term commonly used in online communities, especially in the world of cryptocurrency investing and trading. It originated on social media platforms and is used to express a lack of confidence or feeling of frustration.
This term is often used to make fun of people or cryptocurrencies that are considered unsuccessful, the latter sometimes more poignantly dubbed "shitcoins", in a friendly way.
NGMI Meaning
When people say "NGMI", they mean that they doubt or are skeptical about their own ability or the ability of others to make successful trades or consistently make a profit in the market. It can be a self-deprecating comment or a way to acknowledge the difficulties and uncertainties involved in trading or identifying the best investments in crypto.
While the term “NGMI’ usually has a negative connotation, it can also be used humorously. For example, people might jokingly say “NGMI” on Twitter to playfully express their skepticism and make fun of the hype around certain projects, such as meme coins or unique NFT ventures.
"Off to cry in the corner with my $10 NGMI bag."
Unlike the enthusiastic cry of "To the moon!", which is often heard among crypto enthusiasts, "NGMI" humorously represents the opposite sentiment. It is a light-hearted way to acknowledge skepticism and realism in the world of cryptocurrencies.
What is NGMI in Crypto?
When people say "NGMI" in the context of cryptocurrency, they mean they are skeptical about the possibility of significant growth in something related to the industry, such as a newly-launched project.
In the ever-changing world of cryptocurrencies, predicting price movements with certainty is incredibly difficult. While the term "NGMI" may be used jokingly or to express doubt, it's important to make investment decisions based on thorough analysis rather than being influenced by hype.
