What is the meaning of NGMI in the crypto community?
Nikhil NikDec 18, 2021 · 3 years ago3 answers
Can you explain the meaning of NGMI in the crypto community? I've seen this term being used, but I'm not sure what it stands for or what it represents. Could you provide some insights?
3 answers
- Dec 18, 2021 · 3 years agoNGMI stands for 'Not Gonna Make It' and it is a term used in the crypto community to describe a situation where someone believes that a particular cryptocurrency or investment is not going to be successful or profitable in the long run. It is often used to express skepticism or doubt about the potential of a project or coin. However, it's important to note that NGMI is subjective and based on individual opinions and beliefs.
- Dec 18, 2021 · 3 years agoNGMI is an acronym that stands for 'No Good Market Indicator' in the crypto community. It refers to a lack of reliable indicators or signals that can be used to predict market movements or make informed investment decisions. When someone says 'NGMI', they are expressing frustration or disappointment with the current market conditions and the difficulty of accurately predicting price movements in the cryptocurrency market.
- Dec 18, 2021 · 3 years agoNGMI, which stands for 'Not Gonna Make It', is a term commonly used in the crypto community to describe a situation where an individual believes that a particular cryptocurrency or project is unlikely to succeed or generate significant returns. It is often used in a sarcastic or dismissive manner to express skepticism or doubt about the potential of a coin or token. However, it's important to remember that NGMI is subjective and based on personal opinions and market sentiment.
Related Tags
Hot Questions
- 86
How can I minimize my tax liability when dealing with cryptocurrencies?
- 81
Are there any special tax rules for crypto investors?
- 75
What are the tax implications of using cryptocurrency?
- 54
How can I buy Bitcoin with a credit card?
- 50
How does cryptocurrency affect my tax return?
- 50
What are the best digital currencies to invest in right now?
- 49
What are the advantages of using cryptocurrency for online transactions?
- 46
What is the future of blockchain technology?