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What does WAGMI mean in crypto and What NGMI stand for?

By Craig Green
Oct 8, 2022
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You probably heard that “WAGMI” word and want to know its meaning. Here is what does WAGMI mean in the crypto term?

What does WAGMI mean in crypto?

We are all gonna make it, or WAGMI. The acronym is frequently used in the cryptocurrency ecosystem to promote confidence and give people optimism.

It's a phrase that makes people think of wealth—mansions, yachts, parties, and heaps of money. But most crucially, it personifies the primary objective—financial independence. the freedom to spend our time whatever we like, look after our loved ones, follow our passions and talents, and turn our biggest cryptocurrency profits into reality. And there is another word likes WAGMI, that's NGMI.

What NGMI stand for?

NGMI stands for “Not Going to Make It”. NGMI means you will not be successful due to a bad decision or poor judgement. For example, if someone sells an NFT at a loss while others believe in the project's long-term success, the sellers may be judged as NGMI.

Both NGMI and WAGMI are used in the crypto trading world, but are used more frequently in the NFT world, particularly on NFT Twitter and in NFT-related Discord groups.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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