-
Bitcoin $94,907.3207
0.20% - Ethereum
$1,823.2678
0.83% - Tether USDt
$1.0005
0.02% - XRP
$2.2874
-0.98% - BNB
$610.5593
0.74% - Solana
$148.6766
-1.82% - USDC
$1.0000
0.00% - Dogecoin
$0.1799
-0.66% - Cardano
$0.7138
-1.00% - TRON
$0.2472
0.51% - Sui
$3.5975
-2.65% - Chainlink
$15.1595
1.08% - Avalanche
$22.0855
-0.91% - Stellar
$0.2825
-2.69% - UNUS SED LEO
$8.9988
0.01% - Toncoin
$3.2786
-1.66% - Shiba Inu
$0.0...01382
-0.28% - Hedera
$0.1909
-3.60% - Bitcoin Cash
$371.6050
4.95% - Polkadot
$4.3023
2.09% - Litecoin
$86.4480
-0.83% - Hyperliquid
$18.9692
3.96% - Dai
$1.0002
0.00% - Bitget Token
$4.4334
2.34% - Monero
$278.1613
-8.27% - Ethena USDe
$0.9997
0.00% - Pi
$0.6046
-3.29% - Pepe
$0.0...09014
-0.05% - Aptos
$5.6021
-0.14% - Uniswap
$5.4833
-1.23%
What is NGMI? Understand NGMI in one minute
NGMI, an acronym expressing pessimism in the crypto realm, is frequently employed alongside contrasting terms like WAGMI and SFYL to convey the speaker's sentiments.
Oct 22, 2024 at 11:06 am
What is NGMI? Understand NGMI in One Minute
NGMI stands for "Not Gonna Make It," a term commonly used in the crypto community to express pessimism or doubt about an individual, project, or the market in general.
Key Points
- NGMI can be used as a verb or a noun.
- It implies a negative outlook or belief that something is doomed to fail.
- NGMI is often used alongside other acronyms like WAGMI (We're All Gonna Make It) or SFYL (Sorry for Your Loss) to express contrasting sentiments.
- The term gained popularity during the 2022 crypto market crash.
- It is not technically correct, as in most cases, it is possible for individuals or projects to reverse their circumstances.
Example Usage
"I'm so annoyed that I didn't buy Bitcoin in 2008. NGMI."
This example demonstrates an individual regretting not investing in Bitcoin earlier and using NGMI to convey their belief that they will not achieve financial success as a result.
In Summary
NGMI is a slang term in the crypto community used to express pessimism and doubt. It reinforces a negative perspective and suggests that something will not succeed. Despite its widespread use, NGMI is an oversimplification as there is always potential for improvement or success, even in challenging market conditions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Dogecoin (DOGE) Breaks Above 50-Day EMA, Targeting the $0.30 Resistance Zone
- 2025-04-29 15:40:12
- As 2025 Unfolds, the Race for the Next Big Cryptocurrency is Heating Up
- 2025-04-29 15:40:12
- Invest in Ripple (XRP) and Get 550% Returns in 2025
- 2025-04-29 15:35:12
- Widely Followed Crypto Analyst Expressed Optimism Towards the Performance of Bonk (BONK)
- 2025-04-29 15:35:12
- Coinbase Appoints Joe Salama as Its Next Chief Compliance Officer
- 2025-04-29 15:30:12
- Unstaked Eyes 27x Upside, Aptos (APT) Price Targets $13, Cronos (CRO) Breaks Resistance
- 2025-04-29 15:30:12
Related knowledge
What is a Merkle tree? What role does it play in blockchain?
Apr 29,2025 at 07:42am
A Merkle tree, also known as a hash tree, is a data structure used to efficiently verify the integrity and consistency of large sets of data. In the context of blockchain, Merkle trees play a crucial role in ensuring the security and efficiency of the network. This article will explore what a Merkle tree is, how it works, and its specific role in blockc...
What are PoW and PoS? How do they affect blockchain performance?
Apr 28,2025 at 09:21am
Introduction to PoW and PoSIn the world of cryptocurrencies, the terms Proof of Work (PoW) and Proof of Stake (PoS) are frequently mentioned due to their critical roles in securing and maintaining blockchain networks. Both mechanisms are used to validate transactions and add them to the blockchain, but they operate on different principles and have disti...
What is the Lightning Network? How does it solve Bitcoin's scalability problem?
Apr 27,2025 at 03:00pm
The Lightning Network is a second-layer solution built on top of the Bitcoin blockchain to enhance its scalability and transaction speed. It operates as an off-chain network of payment channels that allow users to conduct multiple transactions without the need to commit each transaction to the Bitcoin blockchain. This significantly reduces the load on t...
What is an oracle? What role does it play in blockchain?
Apr 29,2025 at 10:43am
An oracle in the context of blockchain technology refers to a service or mechanism that acts as a bridge between the blockchain and external data sources. It is essential because blockchains are inherently isolated systems that cannot access external data directly. By providing this connection, oracles enable smart contracts to execute based on real-wor...
What is zero-knowledge proof? How is it used in blockchain?
Apr 27,2025 at 01:14pm
Zero-knowledge proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without conveying any additional information apart from the fact that the statement is indeed true. This concept, which emerged from the field of theoretical computer science in the 1980s, has found significant applications in t...
What are tokens? What is the difference between tokens and cryptocurrencies?
Apr 29,2025 at 07:49am
Tokens and cryptocurrencies are both integral parts of the blockchain ecosystem, yet they serve different purposes and have distinct characteristics. In this article, we will explore the concept of tokens, delve into the differences between tokens and cryptocurrencies, and provide a comprehensive understanding of their roles within the crypto space. Wha...
What is a Merkle tree? What role does it play in blockchain?
Apr 29,2025 at 07:42am
A Merkle tree, also known as a hash tree, is a data structure used to efficiently verify the integrity and consistency of large sets of data. In the context of blockchain, Merkle trees play a crucial role in ensuring the security and efficiency of the network. This article will explore what a Merkle tree is, how it works, and its specific role in blockc...
What are PoW and PoS? How do they affect blockchain performance?
Apr 28,2025 at 09:21am
Introduction to PoW and PoSIn the world of cryptocurrencies, the terms Proof of Work (PoW) and Proof of Stake (PoS) are frequently mentioned due to their critical roles in securing and maintaining blockchain networks. Both mechanisms are used to validate transactions and add them to the blockchain, but they operate on different principles and have disti...
What is the Lightning Network? How does it solve Bitcoin's scalability problem?
Apr 27,2025 at 03:00pm
The Lightning Network is a second-layer solution built on top of the Bitcoin blockchain to enhance its scalability and transaction speed. It operates as an off-chain network of payment channels that allow users to conduct multiple transactions without the need to commit each transaction to the Bitcoin blockchain. This significantly reduces the load on t...
What is an oracle? What role does it play in blockchain?
Apr 29,2025 at 10:43am
An oracle in the context of blockchain technology refers to a service or mechanism that acts as a bridge between the blockchain and external data sources. It is essential because blockchains are inherently isolated systems that cannot access external data directly. By providing this connection, oracles enable smart contracts to execute based on real-wor...
What is zero-knowledge proof? How is it used in blockchain?
Apr 27,2025 at 01:14pm
Zero-knowledge proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without conveying any additional information apart from the fact that the statement is indeed true. This concept, which emerged from the field of theoretical computer science in the 1980s, has found significant applications in t...
What are tokens? What is the difference between tokens and cryptocurrencies?
Apr 29,2025 at 07:49am
Tokens and cryptocurrencies are both integral parts of the blockchain ecosystem, yet they serve different purposes and have distinct characteristics. In this article, we will explore the concept of tokens, delve into the differences between tokens and cryptocurrencies, and provide a comprehensive understanding of their roles within the crypto space. Wha...
See all articles
