HFSP is an established term in crypto jargon. This term is an abbreviation of an English phrase used when mocking non-crypto investor. Although people using the term are seen as arrogant, it is often included with NGMI in a narrative.
What does HFSP stand for?
HFSP is a slang crypto term and a shortened form of the English phrase “Have Fun Staying Poor”. HFSP means “Enjoy being poor” in Turkish. This term is used for people who do not invest in crypto assets and puts the user in an arrogant position.
The term also means “have fun while being poor”. This statement applies to a number of situations, but is often used to lessen criticism of BTC by showing confidence that Bitcoin will succeed despite the arguments that may be made. In other words, HFSP said, “The value of Bitcoin will continue to rise and instead of facing your counter-argument, I will let you be refuted over time.” means.
What is NGMI?
NGMI symbolizes a backlash to mock, criticize, or ridicule those who have negative opinions about crypto, promote poor investment choices, and people who don’t understand basic crypto concepts. NGMI is short for “Not Gonna Make It” and stands for “Not Gonna Make It”.
This concept has entered daily life with the spread of the NFT world; in other words, it is a kind of NFT jargon.
