What is the meaning of NGMI slang in the context of cryptocurrency investments?
Mauricio FinottiApr 30, 2024 · a year ago3 answers
Can you explain the meaning of the NGMI slang in the context of cryptocurrency investments? I've come across this term but I'm not sure what it refers to.
3 answers
- aliciaJun 17, 2022 · 3 years agoNGMI stands for 'Not Going to Make It.' It is a slang term used in the cryptocurrency community to describe a situation where an investor or trader is not expected to achieve their desired financial goals or success. It is often used to express pessimism or skepticism about a particular investment or trading strategy. For example, if someone says 'I bought this altcoin, but I'm NGMI,' it means they don't believe the altcoin will perform well and they don't expect to make a profit from it.
- Ashok ChoudharySep 06, 2021 · 4 years agoNGMI is a slang term commonly used in the cryptocurrency world. It stands for 'Not Gonna Make It' and is often used to describe a situation where an investor or trader is not expected to be successful in their investments. It can be used to express doubt or skepticism about the potential of a particular cryptocurrency or investment strategy. For instance, if someone says 'I'm going all in on this new token, but I'm NGMI,' it means they don't have high hopes for the investment and don't expect it to yield significant returns.
- Hurst BergFeb 02, 2022 · 4 years agoNGMI, which stands for 'Not Going to Make It,' is a slang term used in the cryptocurrency community to describe a situation where an investor or trader is not expected to achieve their desired financial goals. It is often used to express a lack of confidence or belief in a particular investment or trading strategy. For example, if someone says 'I'm investing in this ICO, but I'm NGMI,' it means they don't have high expectations for the ICO and don't anticipate making a substantial profit from it. However, it's important to note that the use of slang terms like NGMI can vary among individuals and may not always have a consistent meaning.
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