The act of promoting a speculative asset on social media with the intention of selling one's own holdings (a "bag") to unsuspecting investors, often by presenting overly optimistic or misleading information.
The investor was accused of bogposting after posting a series of enthusiastic tweets about a cryptocurrency they heavily invested in.
Etymology: A combination of "bogus" and "posting," referring to the deceptive nature of the activity.
Etymology: A combination of "bogus" and "posting," referring to the deceptive nature of the activity.
by RoaringBitty May 15, 2024