But I'm still trying to make money, I still need to make a living. Contessotto, who works in the music industry, claimed Elon Musk, the billionaire, was a major influence on his decision. All of those things are now a lot easier to do because of cryptocurrency.". 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. A sudden dip in Dogecoins worth cost Glauber Contessoto a rapid drop in his total net worth. "It took me two months to become a millionaire.". 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. 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". Glauber Contessoto is 33 years old at the time of writing this report. "So, I figured, okay, this is going to be the next play," he said. Some experts have even said that we are now entering a bear market. If I dont have a lot to start out with, theres not as much to lose.. . Young people seem to enjoy taking what we would call contrarian positions that bet against the wisdom of Wall Street, Yermack said. 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. [4] References [ edit] Locke, Taylor (2021-07-06). Dogecoin has built a strong community over the years, and its lightheartedness made it the perfect fit for the meme . 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. #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. MKR Price Prediction 2023, What Is Staking In Cryptocurrency? "But with gambling, there's regulation involved, the casinos can't just take your money and run away with it. 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. 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. 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. All Rights Reserved. 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. . 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. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today tweeted that his Doge investment stood at $764k. . (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? On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. He worked twice his strength to have a place of his own. Also, I had gone out and preached about those coins being the future. Depending on what happens in the coming months, he believes the price could rise. Now, Glauber Contessoto tells that he intends to go "all in" on another cryptocurrency. Brandy Watts: Woman shot to death in Greater Grand Crossing, Nikita Cannady: Memphis daycare owner accused of PPP loan fraud, buys a Rolls Royce, Clarice Alexander: Mother of 7 Shot dead by an alleged stalker, Darion Minter: Man, 28, shot to death in Pullman Neighborhood, Chicago, Parisi charge on credit card and bank statement: What its about, Best Electronic Notebook 2023 (Top Picks), Choosing The Best Truck Wreck Lawyers in 2023, Choosing The Best 18 Wheeler Accident Lawyer and Firms In 2023, 5 Best Face Swap Video Editor Software For PC 2023 (Updated), The Smart Practices To Increase Motivation Among Employees, Wise 188-890 charge on Truist credit card: You are not alone, OF London charge on credit card and bank statement: What its about. "Day afterday after day, it was like, one scam, one day, two hacks the next day.". (Full Story) By. 82 posts. On top of all that, he also went on to liquidate the rest of his owned stock shares as means to go all-out on dogecoin. Life in Loa Angeles was not easy for the Dogecoin millionaire. (Updated). Contessoto never doubted DOgecoin, and as a result, his funding in . Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. Pero la voltil moneda meme ha cado desde entonces y l ya no es millonario Dogecoin. Is Letmeone dot com a scam or a legit website? A Division of NBC Universal. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. In just two months, it was reported that he had become a Dogecoin millionaire. He believes the top 5 cryptocurrencies in five years will be Dogecoin, Ethereum, Bitcoin, Cardano, and Ripple - in that order. Glauber Contessoto, a music company employee plunged his entire $180,000 savings into Dogecoin in February. Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth as of Tuesday at 2:10 a.m. IST. Some say cryptocurrency is the future of money, and the technology it's built on is destined to revolutionise the internet and the society. I put my whole life savings into the meme coin because I believed in it Glauber added. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. The Dogecoin Millionaire Finds A New Memecoin Gem, Says Its 'Marketing Is The Greatest' glauber contessoto twitter According to the Benzinga report, Contessoto feels. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. In reality, crypto prices dropped. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. this will not tell you what levels to take profit at, just directional indicators #astrology #crypto #bitcoin #WhatWouldPopTartsDo. In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. But as we all know, cryptocurrencies have been undergoing a lull lately. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. Their extreme volatility is one reason experts say that crypto is a risky, speculative investment. He earns a little bit of money from selling merch on his website, but his main focus is developing his social media presence. marenaltman/Instagram, Courtesy of Cooper Turley, 2023 NYP Holdings, Inc. All Rights Reserved, FTXs NishadSingh pleads guilty to fraud, conspiracy charges, Alexis Ohanian used $50M crypto windfall to buy Serena Williams 17-carat engagement ring, SBFssprawling alleged campaign finance scheme detailed in new indictment, Sam Bankman-Fried reportedly caught napping during flight to NYC court hearing, Oh No, Oh No, Oh No No No Song Tiktok Remix Tik tok. 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. However, he was familiar with cryptocurrency but was highly fascinated with its marketing strategy. Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. All information mentioned in our website is for informational and educational purposes only. 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 influenced its wild price swings with his tweets. Tank Davis Net Worth 2023: How Much Does Tank Davis Make? However, he had to do a lot of couch surfing for several years as buying an estate in Los Angeles is pretty expensive. Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. 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. I started SuccessTitan to allow everyone to easily learn from the ultra-successful and achieve more in every area of their life. 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. He flew to the United States at the age of 6 with his family and resided in Suburban, Maryland. The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. What is the Producer Michael Woods Net Worth? 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. 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? An 85-year Harvard study found the No. "It felt like people were being just taken for a ride," she said. Glauber Contessoto is a crypto trader who rose to fame as a Dogecoin millionaire. "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. 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.
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