NFTs are unique digital assets that exist on a blockchain, and they can represent anything from artwork to gaming items to in-game collectibles. As more people become interested in digital assets, crypto users and NFT fans have started using certain terms like GMI, WAGMI and NGMI when discussing them. In this article, we will explore what these terms mean and how understanding them can help you make better decisions when trading or investing in digital assets on the blockchain.
GMI
GMI stands for “Going to Make It”, which is a term used by crypto users and NFT fans when discussing their digital assets. It is often used by crypto users and NFT fans as an expression of optimism and enthusiasm around a particular asset. They use it to show confidence in the success of their digital asset and to talk positively about its potential for growth in its value. Examples of GMI being used include “If you buy and hold on to this awesome NFT, you’re gonna become rich.” In relation to GMI is WAGMI. The term stands for ‘We’re All Going to Make It.’
NGMI
NGMI is an acronym that stands for ‘Not Going to Make It’, and it is used by crypto users and N when discussing their holdings. This term indicates a lack of confidence in the success of a particular or the market as a whole. Generally, it reflects a pessimistic outlook on the potential for growth in the value of a digital asset.
Closing Thoughts
Understanding these terms can help you make better decisions when trading or investing in NFTs. By keeping track of how people are using GMI, WAGMI and NGMI to describe their holdings, you can gain insight into the sentiment of experts and other investors in the market and use that information to inform your own strategy.
