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What is the meaning of the acronym NGMI in the context of cryptocurrency?

avatarDawid HallmannDec 17, 2021 · 3 years ago3 answers

Can you explain the meaning of the acronym NGMI in relation to cryptocurrency? I've come across this term but I'm not sure what it stands for.

What is the meaning of the acronym NGMI in the context of cryptocurrency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    NGMI stands for 'Not Gonna Make It' in the context of cryptocurrency. It's often used to describe a project or investment that is unlikely to succeed or generate significant returns. It's a term used by traders and investors to express skepticism or doubt about the potential of a particular cryptocurrency or project. So, when someone says 'NGMI' about a cryptocurrency, they are essentially saying that they don't believe it will be successful or profitable.
  • avatarDec 17, 2021 · 3 years ago
    NGMI is an acronym commonly used in the cryptocurrency community. It stands for 'Not Gonna Make It' and is used to refer to projects or investments that are considered unlikely to succeed. It's a way for people to express their skepticism or lack of confidence in a particular cryptocurrency or project. When someone says 'NGMI' about a cryptocurrency, they are essentially saying that they don't think it will be successful or profitable in the long run.
  • avatarDec 17, 2021 · 3 years ago
    NGMI, which stands for 'Not Gonna Make It,' is an acronym used in the cryptocurrency world. It's often used to describe projects or investments that are believed to have little potential for success or profitability. When someone uses the term 'NGMI' in relation to a cryptocurrency, they are expressing doubt or skepticism about its future prospects. It's a way for people to convey their lack of confidence in a particular cryptocurrency or project.