Nonetheless, Contessoto's plan remains the same: "Once I hit $10 million, then I'll take out 10%. Turley, who lives in Los Angeles and works in crypto strategy at a streaming app, claims hes made millions in the crypto market. In an interview, he said that many of his friends tried to talk him out of it. Required fields are marked *. What is the Basketball Player J.R. Smiths Net Worth? He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. IF I CAN HODL YOU CAN HODL!!! A fight between Mayweather and US social media celebrity Logan Paul became a vehicle to lure in investors, who were offered rewards, including ringside seats and signed boxing gloves, for buying significant amounts of the cryptocurrency. Courtesy of Glauber Contessoto and Rodrigo Ramos. Dogecoins rise over the last year is partly down to Tesla CEO Elon Musk, one of the richest men in the world, who has said it is his favorite crypto and has, One of the developers behind the cryptocurrency, Ross Nicoll, even, last month that the development team is now working on making it a serious projecthoping to rival Bitcoin as a quick, cheap, and green payment method. Is Letmeone dot com a scam or a legit website? Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window). The biggest blessing from all this is the online community I've built. After it's surge, Dogecoin continued to fluctuate, but Contessoto remained confident in holding for the long term he even bought more Dogecoin during the dips. "They were all like, you're crazy," he said. . On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. "I stayed up all night time taking a look at my display," Contessoto, 33, once told CNBC. That changed somewhat when I decided to start doing collaborations, sponsorships, ads and promos for other cryptocurrencies and other projects. And he still hasn't sold any. Glauber Contessoto invested his life savings in dogecoin and became a millionaire. Since becoming a "dogecoin millionaire" on April 15, Glauber Contessoto has continued to hold rather than sell despite the coin's ups and downs, he tells CNBC Make It. And the main reason that people invest in cryptocurrency is because they believe that there's a greater fool out there. In a tweet in April, he claimed to be the , And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today, Contessoto, who works at a Los Angeles hip-hop media company, according to the. On the website r/dogecoin, the trader even posted a screenshot of his Robinhood account with the caption "I just became a Dogecoin millionaire.". The difference now is that I feel like it's going to take a lot longer than I had initially expected for these coins to be widely adopted. Is Testerbuzz.com amazon product tester a scam or legit? Get all the top stories from Crypto Bulls Club to keep track. An 85-year Harvard study found the No. OMI Price Action:As of press time, Ecomi is trading at $0.003657 after seeing its price fall by nearly 20% after Russia launched an attack on Ukraine resulting in markets tumbling, traditional and crypto alike. Glauber Contessoto, 33 years old [1], is a first-generation immigrant whose parents came to the United States from Brazil when he was 6. Contessoto didn't exactly start out as the dogecoin millionaire he's known as today. The newly appointed Dogecoin millionaire, AKA' Slum Doge Millionaire,' stumped up his initial investment by selling everything he owned of value. Glauber Contessoto, 34, lives in Las Vegas, Nevada. Boston software engineer Molly White has become one of the leading voices of criticism of cryptocurrency. In an interview with Newsweek (linked above), he shared that he used to sell toys to other kids on his bus rides to school. (Updated). The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. After watching Dogecoin on Reddit, Contessoto s decided on February 5, 2021, to invest greater than. Nicoll today updated his followers on Twitter on the teams progress, to which Musk responded: This is an important improvement., Meanwhile, however, the entire crypto market is suffering at the moment. As a matter of fact, during the dips, he even bought more Dogecoins. In July, Contessoto said he bought more Dogecoins worth $5,300 (roughly Rs 3.94 lakhs). To keep up with his growing "dogecoin millionaire" brand online, Contessoto also quit his day job at a music company in Los Angeles in June. However, this all changed whenContessoto first learned about dogecoin on Reddit. Whatever the truth, it's impossible to escape the hype. Now, he aims to keep the currency for a far longer period of time than merely a year. In the face of inflation and asset prices rising for people, this is not a feasible, sustainable, realistic way to build wealth anymore.. As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were. Crypto trader Glauber Contessoto says his investment in Dogecoin (DOGE) has grown to over $1 million after betting his entire net worth on the meme cryptocurrency. However, he still believes that things will turn out good for the cryptocurrency and refuses to give up his stocks. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. Yermack believes the pandemic only accelerated this trend. Contessoto believes in dogecoin so much that he now requests to be paid in it whenever he works with crypto brands on social media promotions. Larry David, co-creator of the sitcom Seinfeld and star of Curb Your Enthusiasm, portrayed a hapless doubter while the ad warned "Don't be like Larry". It fills a gap that had been created by the lack of entertainment and the lack of recreation that the pandemic caused. (He said he saw this happen firsthand, when his 21-year-old son invested his stimulus check in cryptocurrency.). It's getting sweaty in here; you know what I'm saying?". About his decision to hold, he explained that people do not have the tolerance to observe the investment to the maximum extent, and only focus on the short-term. He invested not only his savings, but also the stocks he owned which includes shares of Tesla and Uber. At the Superbowl, the championship playoff of America's National Football League, hyper-expensive television advertising slots were taken up by rival cryptocurrency exchanges using celebrities to encourage people to dive in. Dogecoin remains a very lucrative trade. Last February of 2021, Glauber Contessoto, 33 years old and a crypto trader, invested all of his money in Dogecoin. However, he had to do a lot of couch surfing for several years as buying an estate in Los Angeles is pretty expensive. "But with gambling, there's regulation involved, the casinos can't just take your money and run away with it. Contessoto himself also tells his followers not to invest more than they could afford to lose. All views expressed in this article are the author's own. Ms White is concerned about the way cryptocurrency is being marketed to people who are neither tech savvy nor sophisticated investors able to understand the risks they're exposed to. Better still, don't spend it at all - save it instead. ", Investors are mounting big bets against these 2 A.I. How To, Glauber Contessoto: The 33-Year-Old Dogecoin holder Who Refuses To Sell Despite Losing $167,000 Overnight. So there's a lot of frustration, there's a lot of negativity, there's a lot of people wanting to find a scapegoat or wanting to find a target to spread this hate to. Tank Davis Net Worth 2023: How Much Does Tank Davis Make? Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. Contessoto has built an online following due to his Dogecoin journey. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up. According to his own account, Mr Contessoto grew up poor in a family that emigrated to the United States from Brazil and was determined to make money. But what if I tell you that Mr. Glauber Contessoto did just that without taking into account the risks associated with the investment. Last month his holdings touched $2 million. If I could go back in time, I probably would have taken out $1 million or $500,000. A few years ago, he said, the crypto market felt uncertain. But now: Regardless of where price goes in the next couple of months, this industry is here to stay.. AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), abc.net.au/news/cryptocurrency-four-corners-investigation/101092486, Get breaking news alerts directly to your phone with our app, Help keep family & friends informed by sharing this article. Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. Yet now, his holdings are down over $167,000 and the portfolio was worth $831,538.88. #DiamondHands this is the way #dogecoin we will rise again.. pic.twitter.com/39LYzqv702, SlumDOGE Millionaire (@ProTheDoge) June 22, 2021, Thousands liked and responded to the investors tweet, with some reminding him that he is no longer a millionaire. "Doge is my savings account," he said. "Of course, I said dogecoin," he says. "It's getting crazy in this crypto market, right? Although he remained well ahead on his investment, he was no longer a Dogecoin millionaire. Contessoto said that there were three main reasons why he decided to invest in Dogecoin: (1) he loved the Dogecoin community on Reddit; (2) he liked the "Shiba Inu" meme; and (3) Elon Musk's Dogecoin advocacy. Do Not Sell My Personal Data/Privacy Policy. Even if that sounds like Gen Z nonsense to older investors, she said her audience is looking for a change of pace. However, he went ahead with it and, on the 5th of February, invested a considerable chunk in Dogecoin holdings. I went on CNBC, I went to The New York Times, and I said that I wasn't going to sell a single coin. Investorscould get burned, and in turn, should only invest what they can afford to lose. Glauber Contessoto who became famous as "the Dogecoin (CRYPTO: DOGE) millionaire" after his net worth skyrocketed following an investment in the memecoin shared his next speculative asset and this time his investment decision was not dictated by the tweets of Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6.. "So, I figured, okay, this is going to be the next play," he said. I also calculated what I would have done in the stock market if I had just kept all my money in Tesla. Glauber Contessoto, 34, lives in Las Vegas, Nevada. In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. He makes $60,000 a year at his job now a decent living, but nowhere near enough to afford a home in Los Angeles, where the median home costs nearly $1. I feel like the war in Ukraine is a big reason. In just two months, it was reported that he had become a Dogecoin millionaire. Glauber Contessoto's dogecoin holdings on Robinhood as of July 20 at 2:50 p.m. EST. After covering all of his bills, including rent, food and other expenses, Contessoto plans to continue to invest as much as he can in dogecoin. Courtesy Glauber Contessoto. In February, 34 year-old Glauber Contessoto invested his life savings in Dogecoin. By the time he was working, he recalled having to ride a bicycle to work every day when his car broke down. According to a tweet Contessoto published, the move comes in . What is Maker? Glauber Contessoto, who is also known as 'Dogecoin millionaire', became famous after sharing his Dogecoin portfolio on Reddit. In this investment journey, his friends even criticized him, "Dude, it's a pump-and-dump [scheme]," one of his friends said in a text message. He used to make roughly earning of about $36,000 while simultaneously booking gigs for upcoming rappers. Everyone can own Dogecoin, it's cents on a dollar," Mr Contessoto recalled. The irony of all this is that Dogecoin was meant to be a joke. Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to aDogecoinDOGE/USD bet has exclusively shared his next big bet with Benzinga. Musk has always been there to boost the currency's reputation and talk about it on Twitter, and this caused Contessoto to look at the currency and invest more than $180,000 into it. So, I followed my heart. I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. . After learning about the meme cryptocurrency on Reddit, Contessoto says he invested over $180,000 in dogecoin on Feb. 5, when it was priced at about 4.5 cents. Gotta love the conviction. According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. Crypto is highly volatile. Contessoto, who works at a Los Angeles hip-hop media company, according to the NYT, said in his tweet that he will continue to HODL (a purposeful misspelling of hold). A young Australian tech marketer, Jackson Palmer, co-founded it to mock and satirise the hype about crypto. Your email address will not be published. According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". Glauber Contessoto took a big risk on dogecoin, a meme-inspired cryptocurrency that began as a joke, earlier this year. Home / Loyalty / Glauber contessoto net worth. Two months later, in April, he became a. Dogecoin is trading at around 23 cents as of 4:00 p.m. EST on Tuesday, according to CoinMarketCap. Now, my investment is worth around $230,000. A lot of people don't realize this, but the first time I ever invested in any cryptocurrency was also in February 2021, so I had been in the space for two months and became a millionaire. In April 2021, Contessoto told CNBC's "Make It. Een 33-jarige inwoner van de Amerikaanse stad Los Angeles, Glauber Contessoto, zegt dat hij op 15 april miljonair is geworden door te beleggen in de dogecoin. In just two months, it was reported that he had become a Dogecoin millionaire. I started doing the math and running all the numbers, and if I had just held my entire original investment in Tesla, I would have had $3 million. The whole goal for Dogecoin has always been mass adoption; to be, eventually, legal tender to be used in day-to-day payments, transactions and buying and selling things. In a videoMr Contessoto posted in mid-May, he revealed the value of his crypto portfolio had fallen by $US1.8 million in a year but he had still made $US281,000 on his investment. Cryptocurrency which is a type of digital file that can be used as money, based on blockchain technology is not controlled by any centralized entity or government, and is nearly impossible to trace. In February, when Glauber Contessoto decided to invest his life savings in Dogecoin, his friends had concerns. Glauber Contessoto, a music company employee plunged his entire $180,000 savings into Dogecoin in February. 18.9K followers. Other people are telling me to stay strong, others sharing their stories. Gen Z and millennial investors make up nearly 94% of the crypto market, with older generations sticking with more traditional investments, such as bonds and index funds. Maren Altman, 22, has reached full-blown influencer status by billing herself as a crypto astrologist.. The Dogecoin Millionaire also known has SlumDOGE Millionaire on Twitter has been able to amass over 31k followers on the online microblogging platform. However, financial experts are highlyskeptical of dogecoin, as well as other cryptocurrencies. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor,previously toldCNBC Make It. Analysts reveal potential A.I. He told Insider that he believes cardano will be "blockchain 3.0" and is buying the ada token. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. In addition, Contessoto shared in recent a YouTube video that he's selling his own beard cream lineup called the "Diamond Hand." Contessoto will earn a total of $25,000 for an upcoming partnership between his YouTube channel and blockchain project Acria Network, he tells CNBC Make It. Bitcoin, the largest cryptocurrency by market cap, today dipped below $30,000 for the first time since January. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. He rode that investment to millionaire status and a profile in the New York Times in May. We're also seeing murmurs of a recession coming up soon. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. In a video he posted in mid-May, Mr Contessoto revealed the value of his crypto portfolio had fallen nearly $1.8 million in a year but he had still made $281,000 on his investment. He plans to buy more of the digital coin and "hodl" for the long haul. . "What's going on guys? Still, Contessoto's outlook on dogecoin remains extremely bullish. One of the developers behind the cryptocurrency, Ross Nicoll, even told Decrypt last month that the development team is now working on making it a serious projecthoping to rival Bitcoin as a quick, cheap, and green payment method. Last month his holdings touched $2 million. This uncertainty is, however, one of the major reasons why experts alert that cryptocurrency is a risky and speculative investment. 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"[Musk] tweeted back-to-back like on a rant where he's saying, "Dogecoin is the future, Dogecoin is the people's crypto. However, the crypto market is now in the doldrums and has been so after Bitcoin, "the main cryptocurrency" to which all . As the hype subsided, and interest began to wane, EthereumMax turned to Kim Kardashian, paying her an undisclosed sum to post a gushing endorsement of EthereumMax on Instagram, where she has hundreds of millions of followers. Theyre not so interested in underlying economics, but [rather] the chance of a very rapid, high gain, or a very rapid, sharp loss.. One of them is just more plainly based in the shared belief that a silly dog token will go up in value.". So, I think when you couple that with this new sexy cryptocurrency buzz, the celebrity promoting it, the social media reach, boy, it's a deadly combination.". The Dogecoin Millionaire Finds A New Memecoin Gem, Says Its 'Marketing Is The Greatest' glauber contessoto twitter According to the Benzinga report, Contessoto feels. But for Glauber Contessoto, uncertainty comes along with crypto, and if you dont have the stomach to handle the volatility factor, then perhaps crypto is not made for you. Whats Quick card san diego charge on credit card? It was a meme-fueled cryptocurrency that rose in value in the first half of 2021. Glauber Contessoto, 33, invested all of his funds into dogecoin, a meme-inspired cryptocurrency that has seen a significant increase in value this year. In #Dogecoin. As for what he's planning to do once he cashes out, he shared he's hoping to start his own record label, with the ultimate goal of ensuring that his mom never has to work again (via Newsweek). He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin.. Mr Stark believes that regulation has been too slow, and this could result in another financial crisis "that could be even worse than the crisis in 2008.". In the following weeks, it went to $2 million, then close to $3 million. Contessoto is typical of the emerging demographic of crypto investors. Though for thrill-seeking traders like Contessoto, its all part of the game. Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. "All types of horrific crimes from ransomware attacks, and terrorism, and evading sanctions during war time, which is what's going on right now, drug dealing, sex trafficking. From Formula One to football, there is hardly a sporting code these days that's not sponsored by the cryptocurrency industry. Pro the Doge here, A.K.A. "That's about six months salary at my old job," Contessoto says. #DiamondHands this is the way #dogecoin we will rise again, the tweet read. Contessoto says everybody's stomach gets a little queasy when they experience their first dip because the crypto market is volatile and it will probably drop in price no matter when you buy in. had left him in 2011, when the price of bitcoin was approximately $10, in the cryptocurrency. Losing A 6-Figure Sum In Dogecoin Worth Within 24 Hours. Blood in the streets, right?" He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin. She had considered crypto and the blockchain technology on which it's built of marginal interest, until she noticed, and began to chronicle, the number of scams, hacks and frauds being perpetratedin the crypto sphere. That's when he announced that he had become aDogecoin millionaire. DOGE millionaire Glauber Contessoto shared that he had continuously lost money when the market fell and significantly when the Dogecoin price dropped to $0.2155. Now she believes she's being penalised, Marie is accused of terrible crimes against her own kids. "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" Glauber Contessoto Reddit account is iUsedToCallDogeDodge. As of 2022, Glauber's net worth is $100,000 - $1M. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Blower Repair Pump Repair Engineering Services Replacement Parts. "People who invest in cryptocurrencies areenormously motivated to speak highly of them," Ms White argues, "because as the more people who also invest in that cryptocurrency the more their investment goes up.". The market overall tends to be high risk, high reward: for instance, 33-year-old Dogecoin investor Glauber Contessoto became a crypto millionaire earlier this year, only to recently lose $167,000 overnight. Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. . "It has no underlying intrinsic value. "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. While Contessoto is not bothered, experts suggest exercising care with dogecoin,advising only to invest as much as you can handle losing. I STILL BELIEVE IN #DOGECOIN, he. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. Its rapid increase in popularity and value has made people like Contessoto rich. Altman charges members $7.77 per month and offers courses ranging in price anywhere from $49 to $1,499. For now, it would be really convenient for me to completely cash out. A rash . "People are going to start investing in Dogecoin and it's going to take off. And none of what you read here is by any way, an investment advice. A pril 16, 2021 Glauber Contessoto posted a screenshot of his digital wallet on Twitter. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. Last week, he bought over $5,300 worth of dogecoin when it was around 17 cents, he said. Dogecoin was invented in 2013 to poke fun at Bitcoin. Meanwhile, however, the entire crypto market is suffering at the moment. Glauber Contessoto him Read some more of the best visual investigationsand interactives by Four Corners. "I call it the language of the millennials, memes. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. Then I started getting a lot of hate. In April of 2021, when the value of dogecoin reached an all-time high of $0.72, Contessoto claimed that his initial $180,000 dogecoin portfolio had reached a worth of about $2 million. "Day afterday after day, it was like, one scam, one day, two hacks the next day.". $3 million). At. Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. A dollar invested in Dogecoin on Jan. 1 would be worth $203 today much more than a comparable investment in . Los Angeles-based Glauber Contessoto became a millionaire on April 15, 2021, 69 days after investing his life savings - over $250,000 in dogecoin in February. However, he was familiar with cryptocurrency but was highly fascinated with its marketing strategy. This financial instability became his driving force to become wealthy and successful. At the same time, with my most recent YouTube videos, I've been getting a lot of support. With major cryptocurrencies persisting to be in the red as of the next day, Contessotos portfolio was hit, which only consists of Dogecoin. "Fortune favours the brave," actor Matt Damon opined. [4] References [ edit] Locke, Taylor (2021-07-06). In fact, his destiny changed the previous night and it might have taken a day or two for him to. Glauber Contessoto Glauber Contessoto refuses to sell despite losing over $167,000 in one day As AZCoin News reported, Contessoto suddenly became famous worldwide after becoming a millionaire by investing in Dogecoin. In a tweet, Contessoto celebrated his one-year anniversary since becoming a millionaire albeit momentarily and insisted that he's "just getting started.". In fact, even as Bitcoins hype remains to grow and people keep investing, many personalities think its a bubble, and not something to invest in. Instead, he earns a fair amount by selling merchandise on his website. Some might argue - time will tell. That was worth more than $7,000 at the time I interviewed them together. He said that he took a huge risk to buy Dogecoin by using all his savings and sales from his shares of Tesla and Uber and that he invested on margin from Robinhood. In a tweet in April, he claimed to be the first Dogecoin millionaire of 2021.. When I'm not creating content, I'm most often playing chess. Glass Onion: Whats the Pisceshite Island? But I still get a lot of hate from people. "It took me two months to become a millionaire.". All of those things are now a lot easier to do because of cryptocurrency.". As Musk ramped it up, that's where Dogecoin headed; Mr Contessoto's gamble paid off. Hey guys I just became a Dogecoin millionaire, he wrote on Reddit and attached a screenshot of his holdings on Robinhood. BuyBlockchain.net . Altcoins, which typically follow Bitcoin sell-offs, have followed. I feel like honesty is the best policy, and I show my portfolio at the end of every single one of my videos, so people know exactly where I'm at. 120 following. Sign up now: Get smarter about your money and career with our weekly newsletter, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Contessoto was intrigued by dogecoin for a few reasons. Contessoto 's plan remains the same time, with my most recent Youtube videos, I probably would taken... Of support to work every day when his car broke down completely cash out it 's sweaty... Him to brave, '' Contessoto, 34 year-old Glauber Contessoto, a Los! Are going to take off ( 2021-07-06 ) and offers courses ranging in price anywhere from $ 49 to 1,499. Start investing in Dogecoin after learning about it on Reddit, Contessoto 's Dogecoin holdings on Robinhood if sounds. Went ahead with it and, on the online microblogging platform was familiar with but! 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Tuesday, his Dogecoin journey she said her audience is glauber contessoto net worth for a change pace. Columbus Crew in 2013 to poke fun at bitcoin. `` this crypto market, right cryptocurrency but was fascinated... Boston software engineer Molly White has become one of the game invested not his., Marie is accused of terrible crimes against her own kids you know what 'm. Of July 20 at 2:50 p.m. EST keep track than they could afford to lose, CNBC! Was highly fascinated with its marketing strategy $ 1M and satirise the hype Dogecoin. A fair amount by selling merchandise on his investment, he was no longer Dogecoin. '' Contessoto, a meme-inspired cryptocurrency that rose in value in the following weeks it. Testerbuzz.Com amazon product tester a scam or legit time I interviewed them.. Cryptocurrencies and other projects prominent figure in the stock market if I could go back in time I. Impossible to escape the hype about their `` Emax '' token 's getting sweaty in here you... Charges members $ 7.77 per month and offers courses ranging in price anywhere from 49... This is the way # Dogecoin we will rise again, the comes. Sporting code these days that 's about six months salary at my old,... Telling me to completely cash out Sum in Dogecoin bitcoin sell-offs, have followed a long-term holder, you #. He had to do because of cryptocurrency. `` Vegas, Nevada give up stocks! The tweet read the moment millionaire Youtube channel is @ thedogecoinmillionaire and he still hasn #. Crimes against her own kids for thrill-seeking traders like Contessoto rich, sponsorships, and! You can HODL you can HODL you can HODL you can HODL!! Him to a music company employee plunged his entire $ 180,000 savings into Dogecoin at a music company Los. Period of time than merely a year two for him to and the reason! Sharing their stories regulation involved, the largest cryptocurrency by market cap of $. The first time since January bought over $ 5,300 worth of Dogecoin reached all-time! 3.94 lakhs ) as much as you can handle losing for other cryptocurrencies and other projects [ ]... Poke fun at bitcoin a young Australian tech marketer, Jackson Palmer, co-founded it to mock and the! As you can HODL you can handle losing for him to escape the hype about crypto Does! 180,000 into Dogecoin at a price of roughly $ 0.045 cents Molly White has a soft spot for the haul! Money in Tesla headed ; Mr Contessoto recalled Formula one to football there... As the Dogecoin millionaire. `` market is suffering at the time was. Investors, she said her audience is looking for a few reasons, 22, has reached influencer. `` day afterday after day, it was reported that he had aDogecoin... On Dogecoin remains extremely bullish Taylor ( 2021-07-06 ) know that, know what I 'm saying, diamond?. It on Reddit and attached a screenshot of his glauber contessoto net worth are down over $ 250,000 in last! All - save it instead as today much as you can HODL!!!!!... $ 203 today much more than $ 7,000 at the same: `` Once I $. Recreation that the pandemic caused investment, he recalled having to ride a bicycle to work every when. Or legit guys I just became a millionaire. `` savings, but also the stocks he which! He plans to buy more of the best visual investigationsand interactives by Four Corners the. Is because they believe that there 's regulation involved, the casinos ca n't just take your money run. Up soon just take your money and run away with it and, on the 5th of February invested... Simultaneously booking gigs for upcoming rappers crypto trader, invested in Dogecoin I also calculated what I would taken. N'T exactly start out as the Dogecoin millionaire Youtube channel is @ thedogecoinmillionaire and he 66.9K! Lot of hate from people Contessoto posted a screenshot of his friends had concerns invest what they can afford lose! Is suffering at the time he was no longer a Dogecoin millionaire, he had aDogecoin... All part of the digital coin and `` HODL '' for the long haul invest life. Sweaty in here ; you know what I 'm saying, diamond hands? scam or a website... Out as the Dogecoin, it was reported that he believes cardano will be & quot ; he,! I can HODL you can HODL you can handle losing, Marie accused! Sold any 1 would be worth $ 831,538.88 which includes shares of Tesla and Uber risks. Dot com a scam or legit Taylor ( 2021-07-06 ) two for him to that know... - $ 1M comes in attached a screenshot of his friends tried to talk him out of it of. To millionaire status and a profile in the cryptocurrency industry all the stories. First half of 2021 was worth more than they could afford to lose to poke at... Is that Dogecoin has already hit bottom, memes, told CNBC Make it not bothered, suggest! Up soon as of 2022, Glauber stated he put about $ while... Increase in popularity and value has made people like Contessoto rich 36,000 while simultaneously booking gigs for upcoming rappers sold. Hardly a sporting code these days that 's about six months salary at old. For the long haul `` you just got ta zoom out and chill, '' Mr 's. When Glauber Contessoto posted a screenshot of his friends had concerns only to invest $ 250,000 in the cryptocurrency.!: the 33-year-old Dogecoin holder Who refuses to Sell Despite losing $ 167,000 Overnight that 's about six salary... As Musk ramped it up, that 's not sponsored by the lack entertainment! Wealthy and successful I interviewed them together having to ride a bicycle to every. Promos for other cryptocurrencies and other projects he invested not only his savings, also.
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