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 handcar. 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"
The appropriate greeting to give your frenchhomosexual friend who was once sexually abused by a platypus belonging to the ringmaster of german traveling vaudeville show...
"Oh no, here comes Pierre. Listen don't mention platypi around him, ok? Mangopops Pierre, how are ya?"