Did a fellow crypto enthusiast message you with ‘WAGMI’ after you complained about the bear market? This post unpacks the meaning and origin of this expression.
Meaning
The acronym ‘WAGMI’ stands for ‘We’re All Gonna Make It.’ It started as a motivational statement in the bodybuilding community before moving into an inspirational message for cryptocurrency enthusiasts.
The term is popular on right-wing message boards like 4Chan, which signifies a sense of camaraderie between users. It’s originally a right-wing term coined by the ‘Qanon’ community.
However, after the GameStop and AMC ‘short squeeze’ of 2021, the term moved into the crypto community as a statement of support.
Example Usage
"Don't worry y'all. WAGMI. The crypto market will recover in 2023, and we'll all go to the moon when our portfolios are worth millions of dollars."
"No Wojak, WAGMI. I know it feels like hell in this bear market right now, but things will turn around. Don't sell your coins, HODL."
"I know you think the crypto market is in the toilet right now, Zoomer. But WAGMI. Do the right thing, and don't panic sell."
"I don't understand these kids. I show them that the stock market is a better investment than their Ponzi crypto stuff, but they laugh in my face and say, WAGMI Boomer."
"Are you a big crypto believer? If you hold Shiba Inu and Doge, you will eventually see huge profits. WAGMI, just hold your coins. Diamond hands, baby!"
"It's hard to think WAGMI when we're seeing projects like Tera Luna blow up and firms like Three Arrows Capital go under."
Origin
The expression ‘WAGMI’ originates from fitness influencer ‘Zyzz’ and his motivational videos. Before his passing, Zyzz would post videos, using a catchphrase ‘we're all going to make it.’ The influencer was a source of inspiration for new bodybuilders, with his fans dreaming of owning his physique.
The bodybuilding community adopted the phrase, using it to describe their persistence through everyday life, on the way to achieving their physique goals. The speech where Zyzz says the iconic line appears in a video uploaded to YouTube in 2011 by the user, ‘Jamie Tree.”
A subreddit, of /fit/ on 4chan, /biz/, adopted the use of the catchphrase in 2021. As a result, it ecame a popular term used by users on the ‘WallStreetBets’ subreddit during the $GME and $AMC ‘short squeeze’ in 2021.
Since many of the ‘investors’ in $GME and $AMC were crypto enthusiasts, the term spilled over into the crypto world.
Phrases Similar to WAGMI
- To the moon.
- HODL.
- Diamond hands.
Phrases Opposite to WAGMI
- We’re doomed.
- Bogdanoff.
What is the Correct Saying?
- WAGMI.
Ways People May Say WAGMI Incorrectly
The phrase 'WAGMI' was more of an extremist term used by supporters of the 'Qanon' theory from 2016 to 2020. However, it's more common to see young crypto enthusiasts using the term to describe their attitude toward the cryptocurrency market.
Acceptable Ways to Phrase WAGMI
You can use the expression 'WAGMI' in text messages between friends to give them support and hope for the future. You could use 'WAGMI' in your cryptocurrency message group to describe how you will be rich when the new financial system arrives. Or, you could use 'WAGMI' in message boards and forums when referring to right-wing extremists.
WAGMI suits social use only, and it doesn't belong in professional communications. If you're using 'WAGMI,' you're usually a cryptocurrency enthusiast, a right-wing extremist, or a frequent user of message boards like 4Chan and Reddit. 'We're All Gonna Make It' refers to making it through a cryptocurrency bear market, a bad presidency, or life in general.