Understanding the mindset codes of the encryption community: WAGMI, GMI, and NGMI

In the Crypto Assets community, you will often see a term: WAGMI—an abbreviation for “We're All Gonna Make It.” This is not just a vocabulary word, but a collective belief and spirit core of the entire Web3 community.

The True Meaning of WAGMI

WAGMI is a symbol of mindset. It represents the shared expectation of those involved in Crypto Assets for the future - whether they are long-term holders of Bitcoin, creative workers exploring the NFT world, or community members deeply engaged in the DAO ecosystem, they all interpret the same concept with this word: through collective effort and belief, we can ultimately achieve financial and personal goals.

This expression becomes particularly important during times of intense market volatility. When the market is down and investments face difficulties, WAGMI becomes a source of encouragement — it tells you that these fluctuations are only temporary, and with persistence and belief, long-term success can be achieved.

GMI, NGMI and WAGMI: Three Attitude Spectrums

In the crypto community, two related expressions are also popular: GMI (Gonna Make It) and NGMI (Not Gonna Make It).

These three words actually represent the different views of community members on opportunities and challenges:

• GMI conveys an individual's strong confidence - “I will succeed”
• WAGMI emphasizes the collective belief that “We will all succeed”
• NGMI is often used as a self-mocking or humorous expression—self-deprecating in the face of poor decisions.

In discussions on Telegram, Discord groups, Twitter, and various DAOs, these terms are frequently used. They often appear in conversations about personal decisions, responding to market challenges, or discussing long-term goals.

The Web3 Philosophy Behind WAGMI

The core of WAGMI lies in the spirit of collectivism. Unlike the zero-sum competition of “winner takes all” in traditional financial markets, the crypto community advocates for a concept of “shared prosperity”. This reflects the core value of decentralization in Web3 — participants can create greater possibilities through shared beliefs and actions.

No matter how the market fluctuates, WAGMI always reminds community members: persistence, confidence, and the power of the community are the true paths to success.