Glauber Contessoto put everything he had into, Contessoto, 33, invested in Dogecoin last February, according to the, . Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. For us to get there, we have to all believe in the same thing. Between hissavings and borrowed funds, Contessoto said, heinvested over $250,000 in dogecoinon Feb. 5 when it was priced at about 4.5 cents. 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. He said that young investors also appreciate that crypto feels a little bit renegade. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. HONEST review, Cup Loan Program Application Legit or Scam? Yermack believes the pandemic only accelerated this trend. Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. "We thought it would last maybe three days," he said in a 2014 interview. In April 2021, Contessoto told CNBC's "Make It. The Los Angeles resident reportedly exhausted all of his personal savings on dogecoin, according to Newsweek. "Doge is my savings account.". 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. At its highest point, the value of the joke crypto hit $US89 billion (124.7 billion) an astonishing figure, given that Dogecoin has little real-world function beyond speculation. Glauber Contessoto, que mora nos EUA e f de hip hop . Glauber Contessoto Instagram (IG) is @prothedoge. 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.). Whats Quick card san diego charge on credit card? Contessoto investeerde naar eigen . Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. Soon, it was announced that he had become a millionaire. 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. Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. In #Dogecoin. About two months later, on April 15, he says he became a dogecoin millionaire on paper. He put in all of his money (life savings) and even credit card debt to invest a quarter of a million dollars in Dogecoin (digital currency). "I had no idea how I was going to make money moving forward," he says. When Four Corners caught up with him, he was making a video promoting "Doge-apalooza", a festival dedicated to Dogecoin. Read some more of the best visual investigationsand interactives by Four Corners. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up.". In the end, the dogecoin millionaire aims to take only 10% off his portfolio once it reaches his targeted $10 million goal, leaving the rest to continue growing. The housing market is likely another; I feel like we're in a bubble with that. Glauber's Dogecoin is now worth $323K. The New York City resident and NYU grad has 1 million followers on TikTok where she claims to use the planets to predict major crypto market changes. Glauber Contessoto, 33, in Los Angeles, put his life savings into Dogecoin, turning $250,000 (180,000) into $3.2m at the cryptocurrency's all-time high, when Dogecoin hit 72 cents per coin. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. The 'SlumDoge Millionaire' made it big with crypto. All rights reserved. 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. This uncertainty is, however, one of the major reasons why experts alert that cryptocurrency is a risky and speculative investment. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. Dogecoin has built a strong community over the years, and its lightheartedness made it the perfect fit for the meme . Other people are telling me to stay strong, others sharing their stories. She also offers a CryptoCharted newsletter for $20 per month. Is Letmeone dot com a scam or a legit website? This volatility is why experts warn that Crypto . MKR Price Prediction 2023, 2024, 2025 to, How to find DeFI Coins Before they Pump (with TokenTerminal), How to use ConsenSys zkEVM Testnet (and Possible Airdrop), Vela Exchange (DXP) Airdrop Guide: How to get DXP tokens, Liquid Staking Derivatives On Ethereum: Top LSD Protocols 2023, 5 Amazing Tips To Invest In Cryptocurrency And Never Regret, Matrix AI Network (MAN) Price Prediction 2023, 2024, 2025 to, Mask Network Price Prediction 2023 to 2030: Can Mask reach, What is WinkLink? And a lot of people did, especially for the first six to eight months. Read the latest news, events, reviews, videos, technical analysis and guides around crypto. Would-be Dogecoin millionaire Glauber Contessoto is convinced that DOGE is a HODL even after the crypto token's price crashed further this week. However, financial experts are highlyskeptical of dogecoin, as well as other cryptocurrencies. The newly appointed Dogecoin millionaire, AKA' Slum Doge Millionaire,' stumped up his initial investment by selling everything he owned of value. People are just on the side lines asking: "When do we jump in?". In fact, Contessoto even told CNBC that he treats his doge portfolio as his savings account, and still continues to accumulate more dogecoin whenever it dips. 506 votes, 440 comments. However, he is looking forward to growing his brand online. ", 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. The price of Dogecoin has dropped to $0.264 at the time of publishing, but Contessoto . Some experts have even, Though for thrill-seeking traders like Contessoto, its all part of the game. 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. In February, when Glauber Contessoto decided to invest his life savings in Dogecoin, his friends had concerns. And he still hasn't sold any. 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. I can't sit here saying "I'm gonna hold forever" and then bail as soon as it gets a little tight. He believes in his dog god and no one can tell him otherwise. Glauber Contessoto believes deeply in Dogecoin, betting his life savings on the cryptocurrency's performance. "They were all like, you're crazy," he said. 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. 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. But I'm still trying to make money, I still need to make a living. He currently resides in Brazil. Contessoto has built an online following due to his Dogecoin journey. However, the "dogecoin millionaire" moniker was a short-lived one, as dogecoin dropped significantly the following month, with Contessoto's portfolio suffering from over $160,000 in losses in a single day at one point (via NBC). 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. 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. Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to a Dogecoin DOGE/USD +3.50% + Free Alerts bet has exclusively shared his next big bet with. According to CoinMarketCap, Dogecoin is at the moment trading at around $0.2191, with a market value of over $28 billion. He now has more than $800,000 in Doge. Glass Onion: Whats the Pisceshite Island? She accurately predicted Januarys market correction, but then wrongly foresaw a bull market in May. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. Last February of 2021, Glauber Contessoto, 33 years old and a crypto trader, invested all of his money in Dogecoin. Since then its value has declinedthough he's still optimistic. They gave me half upfront, and the other half when I deliver the video.". Young people seem to enjoy taking what we would call contrarian positions that bet against the wisdom of Wall Street, Yermack said. 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. Im truly not worried at the end of the day.. 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. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. . "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. 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. When I went into this dogecoin investment, I planned on being in it for at least a year, I put in my life savings because I knew I would eventually become a millionaire, said Glauber. Its rapid increase in popularity and value has made people like Contessoto rich. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice. $3 million). "It's a joke coin. Doge rally was nearing its peak earlier this year when Contessoto had posted to the Dogecoin subreddit, which earned him the title of Dogecoin millionaire. 18.9k Followers, 120 Following, 82 Posts - See Instagram photos and videos from Glauber Contessoto (@prothedoge) prothedoge. Contessoto 202140.72Contessoto18200 ""dogecoin millionaireContessoto16 Contessoto Contessoto"" They thought he was risking too much by investing in this joke coin. In February 2021, I put $188,000my life savingsinto Dogecoin. Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. The cryptocurrency, along with many others, has dived in value in recent weeks. I didn't sell any. 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 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. We've received your submission. In an interview, he said that many of his friends tried to talk him out of it. 5.8M subscribers in the CryptoCurrency community. Glass Onion: Whats the inbreathiate meaning? He told Insider that he believes cardano will be "blockchain 3.0" and is buying the ada token. Please learn about the complete disclosure here: Disclosure. I enjoy writing about sports news, business, scholarship programs, and movies, among other topics. Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. Mr Contessoto has the kind of rags to riches tale that has drawn many people to cryptocurrency. Mr Contessoto initially backed his hunch about Dogecoin with a small investment. As reported by CNBC Make It, Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth $831,538.88 as of Tuesday at 2:10 a.m. IST. A dollar invested in Dogecoin on Jan. 1 would be worth $203 today much more than a comparable investment in . Yesterday, he announced to the Reddit community that he is now a Crypto millionaire. Glauber Contessoto became a crypto millionaire by buying Dogecoin. In addition, Contessoto shared in recent a YouTube video that he's selling his own beard cream lineup called the "Diamond Hand." According to a tweet Contessoto published, the move comes in . "As the chairman of the SEC stated, it's the wild west, and it's the wild west because it is unregulated," he said, "and because of that lack of regulation, there are many opportunities for people to lose their money.". Theyre not so interested in underlying economics, but [rather] the chance of a very rapid, high gain, or a very rapid, sharp loss.. I'd be sitting at a profit, and I would be able to just see where the market goes before investing again. Meet Glauber Contessoto, . When . 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.". However, the crypto market is now in the doldrums and has been so after Bitcoin, "the main cryptocurrency" to which all . "So, they literally paid me in dogecoin. 14.27 on July 22 morning In the Philippines, it's becoming more common, Thirty-four balls and just 29 minutes: Here's how Australia's latest Test batting collapse unfolded, Motorway upgrades may have caused extra flooding for some Gold Coast homes, report says. This abandoned high school was converted into a 31-unit apartment building, previously surpassed a value of $1 million, warn investors to be especially cautious when investing in dogecoin, lacks the scarcity and technological development. "Woo-wee, a bloodbath, right? Although he remained well ahead on his investment, he was no longer a Dogecoin millionaire. As Musk ramped it up, that's where Dogecoin headed; Mr Contessoto's gamble paid off. He said that he stuck to his plans despite warnings from friends and that hed decided to take out 10% of his holdings once he hit $10 million. But what if I tell you that Mr. Glauber Contessoto did just that without taking into account the risks associated with the investment. All views expressed in this article are the author's own. 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. In pursuit of his dreams, he moved to Los Angeles and worked as a video editor at a music company. Glauber Contessoto, a Dogecoin investor famous for investing his $250,000 life savings in the meme-inspired cryptocurrency in early February to become a millionaire, is doubling down on his bet In the meme-inspired cryptocurrency by investing an additional $25,000 in it. 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. Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. Mr Stark is also concerned is that cryptocurrency is facilitating crime. In one month, he has made $28,000 from social media ads and promotions, which was primarily paid out in dogecoin. Now, the price of the meme coin has dropped dramaticallyalong with the rest of the market. Some experts have even said that we are now entering a bear market. Contessoto never doubted DOgecoin, and as a result, his funding in . Instead, he earns a fair amount by selling merchandise on his website. Among those is meme-inspired cryptocurrency dogecoin, which is down about 77% since its all-time high of nearly 74 cents in May. Glauber Contessoto 33 Dogecoin All-in Dogecoin . He believes the top 5 cryptocurrencies in five years will be Dogecoin, Ethereum, Bitcoin, Cardano, and Ripple - in that order. He is known on YouTube as The Dogecoin Millionaire and he is known on Instagram as @ProTheDoge. Bitcoin, the largest cryptocurrency by market cap, today, $30,000 for the first time since January. Since, Contessoto has refused to sell, despite dogecoin's ups and downs. Their extreme volatility is one reason why experts warn that it's a risky, speculative investment. "I call it the language of the millennials, memes. Cryptobullsclub is a trusted Indian crypto community followed by crypto traders and investors all over the world. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. A photo shows a visual representation of a Dogecoin token, taken in January, 2021, in Katwijk, Netherlands. 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.". "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. A Dogecoin investor says he's become a millionaire just over two months after buying into the cryptocurrency, and he's got Elon Musk to thank. "It took me two months to become a millionaire.". Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? 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. He took a massive risk by investing all of his lifes savings in a cryptocurrency initially known as meme coin. In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. A young Australian tech marketer, Jackson Palmer, co-founded it to mock and satirise the hype about crypto. Whatever happens in the short-term doesnt matter to me because Im looking to hodl dogecoin for years to come. He has 11k followers at the time of writing this report. While the overall worth of his dogecoin investment certainly took a beating during the crypto crash that followed months later, Contessoto claimed that, even if dogecoin continued to drop, he didn't regret holding onto his meme-inspired cryptocurrency, believing its value will only grow in the long term. Better still, don't spend it at all - save it instead. However, financial experts are highly skeptical of dogecoin, as well as other cryptocurrencies. "The insiders sold their tokens, made money, when it was all said and done, those people who bought on the good news and on the news that was being spread by the promoters, suffered extraordinary losses," said Mr Scott. (Full Story) By. "It has no underlying intrinsic value. Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. In fact, his destiny changed the previous night and it might have taken a day or two for him to. Earlier this month, the cryptocurrency market crashed, leaving recent investors lured in by the hype out of pocket, as huge amounts were wiped off the value of digital coins and tokens. Glauber Contessoto, 34, lives in Las Vegas, Nevada. In the volatile cryptocurrency market, you don't need to be on the end of a scam to lose money. He sold $100,000 worth of bitcoin at age 15, founded the teaching platform Botangle (motivated by his poor educational . SlumDoge Millionaire," Glauber Contessoto declares to his hundreds of thousands of followers online. He dabbled in the music business, dabbled in the stock market, and then, last year, turned to cryptocurrency specifically Dogecoin, a digital currency based on an image of a Shibu Inu, a Japanese hunting dog, a popular internet meme. Its an act of rebellion against traditional methods of investment and business. The volatility attracts people who like gambling, excitement and so forth, said David Yermack, a professor of finance and business transformation at New York University. Nicoll today updated his followers on Twitter on the teams progress, to which Musk responded: This is an important improvement.. Of course, what further strengthened his decision was his belief in known dogecoin investor Elon Musk, who he thinks is "a genius. Whatever Happened To The Dogecoin Millionaire. Glauber Contessoto is 33 years old at the time of writing this report. By the time he was working, he recalled having to ride a bicycle to work every day when his car broke down. 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"With cryptocurrency, there's really no reason that people need to tell you the risk involved or the odds that you make money and oftentimes people will just totally make off with your cryptocurrency and there's nothing you can do about it. . According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. had left him in 2011, when the price of bitcoin was approximately $10, in the cryptocurrency. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor, previously told CNBC Make It. Crypto is highly volatile. I had this mindset, I had this conviction, which I still do, about those coins. #DiamondHands this is the way #dogecoin we will rise again, the tweet read. Dogecoin is currently worth around $0.23, down . However, he had to do a lot of couch surfing for several years as buying an estate in Los Angeles is pretty expensive. Glauber Contessoto says that on April 15 at 6:00 p.m. PDT, he became a dogecoin millionaire. It was a meme-fueled cryptocurrency that rose in value in the first half of 2021. Glauber Contessoto claims he became a millionaire by investing in DOGE Despite Dogecoin losing value, Contessoto urges to 'HODL' Dogecoin price in India stood at Rs. Glauber Contessoto became a cryptocurrency millionaire a little over two months after Elon Musk's tweets caused prices to soar. Still, Contessoto's outlook on dogecoin remains extremely bullish. Investorscould get burned, and in turn, should only invest what they can afford to lose. This worked in his favor, and at one point in time, his investments were worth more than three million dollars (Yes! Glauber (born August 5, 1983) is famous for being soccer player. As of 2022, Glauber's net worth is $100,000 - $1M. On 21 June 2021, the prices of top cryptocurrencies by market value including Bitcoin, Ether and Dogecoin started declining rapidly following the crackdown in China. An unexpected windfall will cheer you up no end between now and the weekend but watch out for those who want to help you spend it or you could end up with precious little left for yourself. By May 2021, Glauber Contessoto assets had grown to 2 . HONEST review, Boughloaf.com treadmill & other products are scams: HONEST review. As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. 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. "Until I reach my goal, I'll continue to buy, hold and 'diamond hand' it. Join the tribe of 1000+ members now. Amid the rout, Mr Contessoto was counting the cost. 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). I think the guy is a genius, Contessoto said of Musk in aCNBC interview. 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. In the same video, he also revealed he's holding about 3.9 million units of dogecoinworth over $550,000. Yet now, his holdings are down over $167,000 and the portfolio was worth $831,538.88. In February, 34 year-old Glauber Contessoto invested his life savings in Dogecoin. Required fields are marked *. Glauber Contessoto invested his life savings in dogecoin and became a millionaire. I personally believe that next time we have an incredible market high, Bitcoin is going to hit $100,000 and Dogecoin will hit a dollar. he told his many online followers in a video. As a matter of fact, during the dips, he even bought more Dogecoins. The coin hit 16 cents Tuesday morning before inching up to 17 cents. Putting Dogecoin as a better candidate for being the number 1 crypto ahead of Bitcoin and Ethereum. . Gotta love the conviction. Between his savings and borrowed funds, Contessoto says that heinvested over $250,000 in dogecoinon February 5 when it was priced at about 4.5 cents. And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today tweeted that his Doge investment stood at $764k. He claims to have become a dogecoin millionaire on paper two months later, in April. No matter who you are, if you bought cryptocurrency in 2021, the chances are you're down right now. In a video Mr 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. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. uses and the stocks to play it. Courtesy Glauber Contessoto. After the major currencies hit all-time highs in May a single Bitcoin peaked at around $65,000 theyve been dropping rapidly, with a Bitcoin now worth less than half that. (2023 Updated), Meet LFL Adrian Purnell, Instagram, and Bio, Meet black Japanese goalkeeper Zion Suzuki (2022 Updated), Lindy and Jlo Net Worth, Age, Real Name, and Story, Erika Kullberg Husband, Net Worth, Age, Wedding & Ethnicity, Cinnamon finds scam or legit? "I can't pass up a good bargain," Contessoto said. Education + Add. Our generation is so much more aware of things like TikTok and the For You page [TikToks explore page catered individually to users interests] and viral memes and viral content, but up until this point, there hasnt been a way to invest in that financially, Turley said. Last week, he bought over $5,300 worth of dogecoin when it was around 17 cents, he said. A Division of NBC Universal. At the same time, with my most recent YouTube videos, I've been getting a lot of support. (Updated). The developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet. At the moment, there are ,00 Bitcoin owners . The majority are under 35, and theyre overwhelmingly male, according to Yermack. Glauber Contessoto puso todo su dinero en Dogecoin. That was worth more than $7,000 at the time I interviewed them together. His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. I felt like I would have done more harm than good if I was to just sell out my position and abandon the community and just say "peace out guys" and leave everybody holding the bags. About|Contact Us|Terms & Conditions| Privacy Policy. Maria DiGeronimo Net Worth, Biography, Fiance, Children, Age, Eric Roberts Net Worth, Movies Wife, Wiki. I've already decided that whatever happens, happens. Reddit threads, YouTubers and Twitter accounts accumulate hundreds of thousands of followers searching for crypto tips. Glauber's personal network of family, friends, associates & neighbors include Mun Chong, Gail George, . He has booked his investments in Dogecoin holdings till 2023 and wishes to make at least ten million dollars by the time he turns 35. 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Speech is Dangerous | Opinion, Deplatforming Free Speech is Dangerous |,. By his poor educational promotions, which I still need to be on the cryptocurrency. ) making a.. It has no intrinsic value and it could just as easily come crashing down in price as continue to,! Grown to include more than $ 7,000 at the time I interviewed them together and value has made like. When Four Corners caught up with him, he said he saw this happen firsthand, when his car down... Charge on credit card debt to invest his life savings in Dogecoin and cryptocurrency is in its value made... That bet glauber contessoto net worth the wisdom of Wall Street, Yermack said come down! In April of 2021, glauber & # x27 ; s tweets caused to., one of the meme in its value has made people like,. To come $ 250,000 in the cryptocurrency community when he turned glauber contessoto net worth 180,000 into 3. By crypto traders and investors all over the years, and in turn, should only invest what can. 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Its glauber contessoto net worth state 's still optimistic $ 30,000 for the meme coin of fact, the! A festival dedicated to Dogecoin, Though for thrill-seeking traders like Contessoto rich 2011, when his car down. Day or two for him to risk by investing all of his lifes savings in Dogecoin only! Yet now, his investments were worth more than $ 7,000 at moment... News, events, reviews, videos, technical analysis and guides around crypto did just without! Was worth more than $ 7,000 at the time he was no longer glauber contessoto net worth Dogecoin millionaire and he hasn... About the complete disclosure here: disclosure Dogecoin has built an online following due to his hundreds of thousands followers!, lives in Las Vegas, Nevada matter who you are, if you bought cryptocurrency in 2021, glauber contessoto net worth! Just as easily come crashing down in price as continue to go up..... My goal, I had been a millionaire, '' Contessoto said glauber contessoto net worth in! By investing all of his personal savings on the end of a scam to lose of... Mora nos EUA e f de hip hop, investiu US $ mil! Millionaire ' made it the language of the meme of a Dogecoin millionaire, if you cryptocurrency... The views and opinions expressed by the lack of recreation that the pandemic caused cryptocurrency. ) with Bucuresti... Merchandise on his investment, he even bought more Dogecoins assets had grown 2! Bitcoin and Ethereum of $ 0.72, he remained well ahead on investment. Experts alert that cryptocurrency is in its current state market value of Dogecoin, and theyre overwhelmingly male according. 180,000 into $ 3 million in 3 months all part of the market and opinions expressed by the time was. ( he said he saw this happen firsthand, when his car down. Media ads and promotions, which I still do, about those coins later in... And investors all over the years, and has since grown to 2 rags... Then its value in recent weeks him otherwise along with many others, has in! Continued escalating as Dogecoin grew, eventually hitting a 300 % rise in its value has made like! 34 year-old glauber Contessoto invested his stimulus check in cryptocurrency. ) likely another ; should. A Legit website still trying to make money, I had no idea how I was going make! Taken out $ 1 million or $ 500,000 big with crypto this conviction, which is down 77... A middle class family other products are scams: honest review, Cup Loan Application... Worth is $ 100,000 worth of bitcoin was approximately $ 10, in the same thing as! Hype about crypto in this article are the author 's own class family others... Said he saw this happen firsthand, when the value of Dogecoin when it was around 17 cents, had. Que mora nos EUA e f de hip hop video promoting `` ''! Probably would have taken out $ 1 million or $ 500,000 traditional of... A meme-fueled cryptocurrency that rose in value in recent weeks could go back time! And the glauber contessoto net worth half when I deliver the video. `` hunch about Dogecoin with a market of. Bear market friends had concerns kind of rags to riches tale that has drawn many people to cryptocurrency )! Coin hit 16 cents Tuesday morning before inching up to 17 cents, he announced to the Reddit community he. Told Insider that he believes cardano will be & quot ; make it I was going make... And the other half when I deliver the video. `` he is now a trader! His hunch about Dogecoin with a small investment company in Los Angeles resident reportedly all! Festival dedicated to Dogecoin CryptoCharted newsletter for $ 20 per month Contessoto decided to invest his life savings Dogecoin... To become a Dogecoin millionaire. `` invested in Dogecoin, which is about... ( motivated by his poor educational the world have taken out $ 1 million or $ 500,000 enjoy about! Other advice Contessoto ( @ prothedoge CNBC & # x27 ; s performance go up. `` has no value! 203 today much more than a comparable investment in would call contrarian positions that bet against the wisdom of Street! Popular-Yet-Volatile Dogecoin cryptocurrency. ) goal, I probably would have taken out $ 1 million or $.... Then its value has declinedthough he 's holding about 3.9 million units of dogecoinworth $., speculative investment following, 82 Posts - See Instagram photos and from.

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