COMMONLY USED CRYPTO ACRONYMS AND MEANING (Day 6)

... Cont'd

#WAGMI = We Are Gonna Make It.

It's Used a catchphrase for motivation and positive vibes.

#NGMI = Not Gonna Make It.

Applies in situations where people make uninformed or impulsive decisions regarding crypto financing. NGMI broadly refers to a mindset that draws back an individual in terms of participation in the crypto landscape. For example, unrealistic goals, such as churning out millions in profits within the first few months.

#NGU = Number Goes Up.

This is practically a request for raising crypto prices in difficult times. In other words, NGU explains the state of crypto markets during intensive bull runs.

#DYOR = Do Your Own Researc.

It suggests important practices for research on your own before investing in any crypto asset.