NGMI is the abbreviation of "Not Gonna Make It", which can be simply translated as "can't make it" or "no chance" ” is often used to imply that a person or project will not succeed due to poor decisions.

When cryptocurrency investors suffer significant losses or are pessimistic about the market outlook, they can also use NGMI to express a pessimistic mood.

In the Crypto community, there is a word that is very similar to NGMI - WAGMI, but their meanings are exactly the opposite: WAGMI is usually used to express confidence and optimism about the entire Crypto market. Usually people will Use it when you anticipate good news in the future after making some trading or investment decision.

For more specific information about WAGMI, please see the entry What is WAGMI?

In short, both NGMI and WAGMI are very popular in the Crypto field. To sum it up in one sentence: NGMI expresses disappointment in the Crypto market, while WAGMI is used to hint at future success.