Not Gonna Make It (NGMI)

NGMI is slang for “Not Gonna Make It“.

It describes someone missing out on profits or gains because she either doesn’t have diamond hands and is thinking about selling her bag because of a dip, or she wants to lock in profits rather than just hodling and waiting for even bigger gains.

NGMI is also another name for a shitcoin.

While you’ll see references to NGMI on Crypto Twitter, you’ll see it even more frequently in the world of NFTs, especially NFT Twitter and Discord groups.

“I’m taking my bag of NGMI worth $3 to the corner to cry.”

Related Terms

OpenSea

OpenSea is the world’s first and largest decentralized peer-to-peer (P2P) marketplace for buying and selling Non-Fungible Tokens (NFTs).

Shitcoin

A crypto altcoin that’s got no real purpose for existing. Shitcoins, while subjective labeled as such, promise you the world, maintain price or even increase in price while the hype around them is high. However, shortly after buying a bag, the sh*tcoin takes a fat nosedive off a cliff as the altcoin is sold off into oblivion by traders looking for profits.

Bag holder

A Bag Holder normally describes someone that bought a currency at some price, only to see the digital asset’s price drop before he got a chance to sell it. Now he’s stuck with a bag of worthless cryptocurrencies. You don’t want to be a bag holder.

Fear Of Missing Out (FOMO)

an acronym for “Fear Of Missing Out”, describing an overwhelming emotion of anxiety felt by crypto investors and traders when they expect a digital asset’s value to increase.

We’re All Gonna Make It (WAGMI)

Slang for “We’re all gonna make it”. It’s a rallying cry, seen on social media platforms like Twitter, for building hope and confidence in the crypto markets, especially when good news comes out.