NGMI

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NGMI

Definition:

Short for Not Gonna Make It. The opposite to WGMI or GMI, this state of being is to be avoided at all costs. A bad trading decision, whether selling too low or buying too late deserves a NGMI.

Degen Chat

“You sold a @tylerxhobbs Fidenza because you didn’t like the colours???? NGMI”

Related Terms:
  • Dictionary: Grail
    Someone’s ultimate NFT. Whether comprised of a particular collection of traits, colours or just something done by an artist. But like the Highlander says “There can only be one”.
  • Dictionary: Honey Pot
    A honey pot is a very sneaky crypto trap. A smart contract looks to have an exploit. Users who discover it look to exploit it but get exploited themselves by the honey pot. Instead of stealing the honey/ ETH, they lose their own ETH.
  • Dictionary: Rekt
    As in ‘get rekt’. A crypto slang term for getting wrecked or being figuratively destroyed. It could be via a rug pull, bad advice or just selling at the bottom.
  • Dictionary: WAGMI
    The height of comradery of the crypto, web3 and NFT community. We're All Gonna Make It. Which in a zero-sum market is technically impossible, but let's not let details spoil a gm. The opposite of NGMI. Not Gonna Make It.
  • Dictionary: WETH
    Wrapped ETH, a form of Ether that is used often on open sea and trades at exactly the same price as ETH. The real thing to learn with WETH is how to pronounce it. Is it WETH... or is it WETH? You decide.


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