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Definition
Not going to make it, aimed at bad decisions rather than people.
NGMI is the counterpart to WAGMI. It gets used for selling at the bottom, falling for obvious scams, or repeating a mistake the community has watched before.
It is usually teasing. Occasionally it is a warning worth taking seriously.
In practice
Posting your seed phrase for help will earn a chorus of NGMI, and rightly so.
What people get wrong
That NGMI is aimed at people. It is aimed at decisions, and the same person saying it has usually made the same one before. It stings because it is often accurate about the choice and useless as guidance.
Common questions
Is NGMI aimed at people or at decisions?
In principle, decisions. In practice it gets used as a straight insult often enough that the distinction depends entirely on who is speaking.
Should I take NGMI seriously as feedback?
Only when it comes with a reason. "That is NGMI because the liquidity is unlocked" is useful. The acronym on its own is not feedback.
Where to go next
WAGMIWe are all going to make it, an expression of collective optimism.Paper handsSelling quickly at the first sign of trouble.RektWrecked. Suffering a severe loss, usually through leverage.
More culture terms
Want this explained out loud?
Some of these land faster in conversation than in writing. Sessions are one to one and you can ask anything, including the things that feel too obvious to ask.