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".