What does “WAGMI” mean? - Crypto in Plain English - Episode 241 - by cryptohunt.it

Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. My name is Christian Byza, Co-Founder of Cryptohunt.it and I am your host of this daily show.

WAGMI is a popular rallying cry often used by crypto enthusiasts and is an abbreviation of the grammatically incorrect phrase “We All Gonna Make It”.

It encapsulates the belief that you can’t lose in crypto if you hold on long enough, because no matter how much prices fall, there will be the next bull run.

That of course, may not actually be true, and deep down you know that WAGMI proponents know this. But as a rallying cry it helps to get social confirmation from others, making it easier to stick to the strategy.

And there you have it - what is your opinion? Hold on for dear life, or try to outsmart the system? And in case you disagree, there is always "NGMI": "Not gonna make it".

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.