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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"
Magnogo by Savage Perov May 8, 2021
Related Words

magoogling 

To search for an item with your prescription glasses off.
I was magoogling for my car keys for an hour, then as soon as I put my glasses on, I could see they were right there.
magoogling by Merchnhop April 4, 2017

Magoogoo 

A small African refugee child, living in a western country. Often found stealing food.
Fuck! that Magoogoo just stole my lunch!
Magoogoo by jiveturkey2904 April 29, 2011
1) (n) A stout and sturdy dwarf.
2) (n) Drummer for Nanaimo metal band "Magog's Deception"
Magog tore it up at the show, literally.
Magog by Kerington industries September 25, 2005

Magog's Deception 

1(n) Nanaimo metal group featuring the drumming of Magog
2(v) The act of Magog decieving people into believing that he isn't a dwarf when in fact he clearly is.
3(n) A bunch of crap
Magog's Deception failed in deceiving everyone.

Mr. Magoogles 

The frog school mascot in 'Max Keeble's Big Move' that Troy McGinty (Noel Fisher) is afraid of.
Mr. Magoogles is the most hated mascot of all time.
Mr. Magoogles by Mr. Smoutch March 24, 2011