WAGMI is generic crypto slang that means “We All (are) Gonna(going to) Make It.” It is used in bad situations where there is little hope and helps uplift sentiments.
For example, when Bitcoin almost touched the ATH of $73.7k but fell short, a crypto investor could have said WAGMI because it is just a matter of a few hours, and Bitcoin will definitely cross $73.7k.
Its opposite is NGMI or Not Gonna Make It.
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Crypto Terms Related to WAGMI
- NGMI – Not Gonna Make It
- This is used in situations where it becomes clear that there is no hope left. An example would be after the Terra Luna crash when billions of dollars worth of investment was lost due to a death spiral in the LUNA-UST peg.
- HODL – Hold On to Dear Life
- This acronym signals hope when the situations are extremely bad. For example., HODL is used to encourage holding on to investments at the market bottom.
- FOMO – Fear of Missing Out
- Fear of Missing Out is a term used to denote a crypto buying opportunity which is too difficult to resist.
