{"id":97520,"date":"2023-09-02T10:00:32","date_gmt":"2023-09-02T10:00:32","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=definition&p=97520"},"modified":"2023-09-02T10:00:31","modified_gmt":"2023-09-02T10:00:31","slug":"wagmi-were-all-gonna-make-it","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/wagmi-were-all-gonna-make-it","title":{"rendered":"WAGMI (We’re All Gonna Make It)"},"content":{"rendered":"

What Is WAGMI?<\/span><\/h2>\n

WAGMI is an acronym for the phrase “We’re All Gonna Make It.” It is a slang term used on social media platforms among traders and investors to convey a sense of optimism or encouragement.<\/p>\n

It implies that the user and others will succeed in profiting from their investments over the long term, despite high volatility<\/a> or uncertainty causing short-term fluctuations in portfolio value.<\/p>\n

Techopedia Explains<\/h3>\n

The phrase was popularized in 2021 by the Wallstreetbets (WSB) group on Reddit, known for aggressive stock options trading strategies. As cryptocurrency<\/a> prices soared and attracted mainstream interest, crypto traders<\/a> and investors adopted WAGMI in solidarity.<\/p>\n

WAGMI is also part of the Web3<\/a> concept that community efforts and support will result in positive outcomes and financial prosperity over the long term.<\/p>\n

The use of the term is meant to build confidence in the crypto market, although it can also be used sarcastically, such as when prices are falling.<\/p>\n

WAGMI is the opposite of NGMI<\/a> \u2013 “Not Gonna Make It” \u2013 which has a negative connotation expressing frustration or a lack of confidence in crypto markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

What Is WAGMI? WAGMI is an acronym for the phrase “We’re All Gonna Make It.” It is a slang term used on social media platforms among traders and investors to convey a sense of optimism or encouragement. It implies that the user and others will succeed in profiting from their investments over the long term, […]<\/p>\n","protected":false},"author":286558,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[238,272],"class_list":["post-97520","definition","type-definition","status-publish","format-standard","hentry","definitioncat-buzzwords-and-jargon","definitioncat-cryptocurrency"],"acf":[],"yoast_head":"\nWhat Does WAGMI Mean in Crypto? 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