What is NGMI and how does it relate to the crypto industry?

3 answers

• Dec 27, 2021 · 3 years ago
  NGMI stands for 'Not Gonna Make It' and it is a term used in online communities to describe individuals who are not successful or profitable in their cryptocurrency investments. It is often used humorously or sarcastically to express frustration or disappointment. In the crypto industry, NGMI can refer to traders or investors who have made poor investment decisions or have not been able to generate significant profits. However, it is important to note that NGMI is a subjective term and does not have a specific definition or criteria in the crypto industry. It is more of a meme or slang term used in online discussions.
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• Dec 27, 2021 · 3 years ago
  NGMI is an acronym that stands for 'Not Gonna Make It'. It is commonly used in the crypto community to describe individuals who are not successful in their cryptocurrency investments. It is often used in a lighthearted manner to poke fun at traders who have made poor investment decisions or have not been able to generate significant profits. While NGMI is not a technical term or a specific concept in the crypto industry, it reflects the volatile nature of the market and the risks involved in investing in cryptocurrencies.
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• Dec 27, 2021 · 3 years ago
  NGMI, or 'Not Gonna Make It', is a term that has gained popularity in the crypto community. It refers to individuals who have not been successful in their cryptocurrency investments and are unlikely to achieve significant profits. NGMI is often used humorously or ironically to acknowledge the risks and challenges of investing in the crypto market. While it may seem negative, it is important to remember that investing in cryptocurrencies is highly speculative and not everyone will be able to achieve substantial gains. It is always important to do thorough research and understand the risks before investing in any asset, including cryptocurrencies.
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