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Savage Perov 's definitions

Magnogo

A Magnogo is a crypto investor that sold at the worst point possible.

The term "Magnogo" originated when a Telegram user called "Magnegro" bought 2k USD of $AKITA tokens soon after the crypto currency was launched, he owned 1% of all $AKITA. At the ATH his 90B tokens were worth 880k USD, but Magnegro sold at the bottom and is just able to buy a second hand car. Three days later, the price of $AKITA went X 5. Soon dozens of memes were made by the Telegram community, dubbing "Magnegro" into "Magnogo".
"Yo Dawg, did you HODL your crypto?"
'Nah man, I sold at the bottom'
"Wow, you're such a Magnogo"
by Savage Perov May 8, 2021
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