They thought he was risking too much by investing in this joke coin. 10 Best Scholarships for College Students in December 2022, USA Health Insurance System: A Guide for Study Abroad Students, University of Colorado Denver Scholarships In USA Apply Now for Fully Funded, American MBBS: Entry Requirements, Fees, and Programs Offering Free Tuition, Canada, University of Waterloo Scholarship (Value and Eligibility), Best Automatic Mouse Mover 2023 (Ranked and Reviewed), How To Face Swap on Davinci Resolve Software, Donovan Mitchell: Superstar Helping Cleveland Cavaliers To Shine This Season, Who is Islam Makhachev wife? Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. 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. . 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). But, "if it drops below 20 cents next week, I'll buy the dip again," Contessoto says. He no longer works at the music company in Los Angeles. 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. Gen Z and millennial investors are flocking to buy shares of cryptocoin, such as Bitcoin or Ethereum, with the hopes of winning big. Glauber Contessoto Tweet. . Everything is just bad right now. Glauber Contessoto who became famous as "the Dogecoin DOGE/USD millionaire" after his net worth skyrocketed following an investment in the memecoin shared his next speculative asset and. [4] References [ edit] Locke, Taylor (2021-07-06). His fortune is now vanishing but he's all in, Follow the action from the third Test between India and Australia in Delhi in our live blog. Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. An 85-year Harvard study found the No. No matter who you are, if you bought cryptocurrency in 2021, the chances are you're down right now. BuyBlockchain.net . Altman charges members $7.77 per month and offers courses ranging in price anywhere from $49 to $1,499. The housing market is likely another; I feel like we're in a bubble with that. Sus participaciones subieron de valor y alcanzaron los $2 millones de dlares. He now has more than $800,000 in Doge. Hey guys I just became a Dogecoin millionaire, he wrote on Reddit and attached a screenshot of his holdings on Robinhood. If I dont have a lot to start out with, theres not as much to lose.. About two months later, on April 15, he said, hebecame a dogecoin millionaireon paper. I also calculated what I would have done in the stock market if I had just kept all my money in Tesla. Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. Glauber's Dogecoin is now worth $323K. Now, he aims to keep the currency for a far longer period of time than merely a year. A young Australian tech marketer, Jackson Palmer, co-founded it to mock and satirise the hype about crypto. His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. At current rates, Contessoto is still ahead in terms of net worth. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. 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. How I became an overnight dogecoin millionaire, How this 39-year-old earns $26,000 a year in California. 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. Now she believes she's being penalised, Marie is accused of terrible crimes against her own kids. 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. Blower Repair Pump Repair Engineering Services Replacement Parts. 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. "And he posted a picture of a rocket to the moon, Dogecoin to the moon.". Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. Join half a million readers enjoying Newsweek's free newsletters. After its boost, Dogecoins price kept on fluctuating, but Contessoto remained optimistic and was quite confident in holding for the long-term. Two months later, in April, he became a. At the same time, with my most recent YouTube videos, I've been getting a lot of support. Keeping up with his initial plan, Contessoto will sell around 10% of his holdings when his portfolio gets as far as a $10 million value, and the rest 90% will be left as it is- invested. This financial instability became his driving force to become wealthy and successful. Whatever Happened To The Dogecoin Millionaire. Young people seem to enjoy taking what we would call contrarian positions that bet against the wisdom of Wall Street, Yermack said. 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. Mr. Contessoto is a prime case study. In April, my investment had risen to over $1 million. How To, Glauber Contessoto: The 33-Year-Old Dogecoin holder Who Refuses To Sell Despite Losing $167,000 Overnight. Since then its value has declinedthough he's still optimistic. Turley, who lives in Los Angeles and works in crypto strategy at a streaming app, claims hes made millions in the crypto market. The majority are under 35, and theyre overwhelmingly male, according to Yermack. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were. . 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 has built an online following due to his Dogecoin journey. But I feel like that would probably be the most cowardly move that I could ever make. Glass Onion: Whats the Pisceshite Island? Whatever the truth, it's impossible to escape the hype. He claims to have become a dogecoin millionaire on paper two months later, in April. I started SuccessTitan to allow everyone to easily learn from the ultra-successful and achieve more in every area of their life. The developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet meme. 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. As Musk ramped it up, that's where Dogecoin headed; Mr Contessoto's gamble paid off. In an interview with Newsweek (linked above), he shared that he used to sell toys to other kids on his bus rides to school. 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. uses and the stocks to play it. The irony of all this is that Dogecoin was meant to be a joke. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. In a tweet, Contessoto celebrated his one-year anniversary since becoming a millionaire albeit momentarily and insisted that he's "just getting started.". He said VeVe is "full of officially licensed NFTs from some of the biggest legacy brands in the game from Disney, Marvel, Universal and even Cartoon Network. He plans to buy more of the digital coin and "hodl" for the long haul. I had this mindset, I had this conviction, which I still do, about those coins. 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. I've already decided that whatever happens, happens. In the same video, he also revealed he's holding about 3.9 million units of dogecoinworth over $550,000. 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 views expressed in this article are the author's own. Contessoto was intrigued by dogecoin for a few reasons. Contessoto invested over 250,000 in Dogecoin holdings on February 5, and two months later, he later claimed that he became a Dogecoin millionaire. I can't sit here saying "I'm gonna hold forever" and then bail as soon as it gets a little tight. Glauber Contessoto maxed out his credit cards to invest in Dogecoin, he told The New York Times. Even in May, when the value of his holdings surpassed $2 million, he still didn't budge. Lynne Austin Net Worth, Height, Bio, Birthday, Wiki, Stephen Burrows Net Worth, Height, Bio, Birthday, Wiki, Ian Brennan Net Worth, Height, Bio, Birthday, Wiki, HotshotGG Net Worth, Girlfriend (LilyPichu), Biography. "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. "It's really brought to the forefront that something that has no intrinsic value, that's not tied to any real-life asset or service, that is just plainly a joke, has become on par with some of the more serious cryptocurrencies like Bitcoin or Ethereum. Cryptobullsclub is a trusted Indian crypto community followed by crypto traders and investors all over the world. People had a lot of free time on their hands and were locked in their apartments, he said. 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.). 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. Glauber contessoto net worth glauber contessoto age Here's what happened: Vitalik Buterin, the live keno las vegas programmer who founded the cryptocurrency Ethereum, disclosed on Wednesday that he 6 Ripple XRP - Out of all the coins on this list, the story of Ethereum is my favorite investment on how to become rich with crypto.. Charles Hoskinson. A Division of NBC Universal. We've received your submission. "They're not all that different. Contessoto, who works in a music company, refuses to sell his investment in dogecoin despite losing $167,000 in one day. Please learn about the complete disclosure here: Disclosure. Contessoto investeerde naar eigen . The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice. How Glauber Contessoto Became Known as the Dogecoin Millionaire. Their extreme volatility is one reason experts say that crypto is a risky, speculative investment. "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.". "Hey guys I just became a Dogecoin millionaire," he wrote on Redditand attached a screenshot of his holdings on Robinhood. We at cryptobullsclub.com use cookies to personalise ads and to analyse our traffic. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. Glauber Contessoto Instagram (IG) is @prothedoge. Now, with dogecoin trading around 17 cents, he continues to buy the dip. 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. When I'm not creating content, I'm most often playing chess. But I still get a lot of hate from people. 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). Mr Scott describes it as a cryptocurrency version of an old-style stock market manipulationtailored to the zeitgeist. "It felt like people were being just taken for a ride," she said. Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. $3 million). But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. Contessoto told CNBC that he grew up poor and that his gain from the meme currency was a huge deal for him. Life in Loa Angeles was not easy for the Dogecoin millionaire. "All types of horrific crimes from ransomware attacks, and terrorism, and evading sanctions during war time, which is what's going on right now, drug dealing, sex trafficking. So I still feel like I was doing the right thing by holding. I think the guy is a genius, Contessoto said of Musk in aCNBC interview. He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin. Do Not Sell My Personal Data/Privacy Policy. Hoje, tem US$ 2 milhes. Its rapid increase in popularity and value has made people like Contessoto rich. Glauber Contessoto, 34, lives in Las Vegas, Nevada. Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. At the moment, there are ,00 Bitcoin owners . An 85-year Harvard study found the No. Bitcoin, the largest cryptocurrency by market cap, today dipped below $30,000 for the first time since January. Contessoto is typical of the emerging demographic of crypto investors. She also offers a CryptoCharted newsletter for $20 per month. I had a lot of learning to catch up on; the theory, the utility, understanding what blockchain technology is all about. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were worth $700,217.09. admin - May 27, 2021 . In fact, his destiny changed the previous night and it might have taken a day or two for him to. 120 following. At. "So, I figured, okay, this is going to be the next play," he said. Theyre not so interested in underlying economics, but [rather] the chance of a very rapid, high gain, or a very rapid, sharp loss.. "We thought it would last maybe three days," he said in a 2014 interview. 2023 Benzinga.com. Still, Contessoto's outlook on dogecoin remains extremely bullish. "They were all like, you're crazy," he said. I didn't sell any. 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. 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. "It made sense to me to invest in Dogecoin because it's the very first time you have a meme and a cryptocurrency paired together," he said. Follow. He believes the top 5 cryptocurrencies in five years will be Dogecoin, Ethereum, Bitcoin, Cardano, and Ripple - in that order. Pro the Doge here, A.K.A. Source: Twitter. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Crypto is highly volatile. Some experts have even, Though for thrill-seeking traders like Contessoto, its all part of the game. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. . 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. Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. Better still, don't spend it at all - save it instead. 18.9K followers. SlumDoge Millionaire," Glauber Contessoto declares to his hundreds of thousands of followers online. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. Read about our full privacy policy here: Privacy Policy. Hes convinced that the next corporate juggernauts the future Apples and Googles of the world are going to be crypto-based, with younger leaders spearheading new ways to reach potential consumers. The top cryptocurrencies by market value, including bitcoin and ether, are plunging on Tuesday amid a sell-off. But what if I tell you that Mr. Glauber Contessoto did just that without taking into account the risks associated with the investment. 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. had left him in 2011, when the price of bitcoin was approximately $10, in the cryptocurrency. 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. (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? (Full Story) By. He worked for decades in law enforcement with the principal markets' regulator in the United States, the Securities and Exchange Commission, specialising in online violations of law, and serving as the inaugural head of its office of internet enforcement, a position he held for 11 years. Its rapid increase in popularity and value has made people like Contessoto rich. Even now, he dismisses the idea of selling. 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. Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. stocks, Salesforce results give CEO Benioff breathing room', Fast Money trader Steve Grasso said, Is ChatGPT the tip of the iceberg? "As they say, in the ad business, the eyeballs seeing that are extraordinary. While casually browsing Reddit, a post about Dogecoin attracted his attention. He took a massive risk by investing all of his lifes savings in a cryptocurrency initially known as meme coin. Kardashian's post brought in new investors and pumped up the volume of trading. Glauber Contessoto said that he became a dogecoin millionaire on April 15, 2021. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Whats really exciting about crypto is that for the first time in history, we can place a financial value on social capital.. Analysts reveal potential A.I. 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. But Altman said her clients are along for a wild ride. "So, they literally paid me in dogecoin. We send memes to each other all the time, it's just the way that we communicate, and Generation Z.". But crypto investor Cooper Turley, 26, said its only a matter of time before alternative currencies are completely mainstream. Whatever happens in the short-term doesnt matter to me because Im looking to hodl dogecoin for years to come. . 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. Then he decided to sell his shares and go all in, as Musk head of Tesla and Space X, the world's richest man got behind the cryptocurrency. Some say cryptocurrency is the future of money, and the technology it's built on is destined to revolutionise the internet and the society. According to CoinMarketCap, Dogecoin is at the moment trading at around $0.2191, with a market value of over $28 billion. Dogecoin was invented in 2013 to poke fun at Bitcoin. My options were to sell out of my Dogecoin at $3 million and go on to live a happy life or, I had be out there hustling. Blood in the streets, right?" he told his many online followers in a video. 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". The Los Angeles resident reportedly exhausted all of his personal savings on dogecoin, according to Newsweek. As of 2022, Glauber's net worth is $100,000 - $1M. "Doge is my savings account," he said. "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. The more he held on, the bigger the internet . "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". Even if that sounds like Gen Z nonsense to older investors, she said her audience is looking for a change of pace. In an interview, he said that many of his friends tried to talk him out of it. 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. They are expected to actually play a game, and the odds should be about what they say they are. He also showed them that he was doubling down, recording himself as he forked out another $US10,000 on Dogecoin. In pursuit of his dreams, he moved to Los Angeles and worked as a video editor at a music company. . After days of research,Contessoto then poured all his savings into it, even resorting to borrowing money through margin investing. Glauber Contessoto him The coin hit 16 cents Tuesday morning before inching up to 17 cents. But 33-year-old Los Angeles resident Jaysn Prolifiqlegally known as Glauber Contessototold Newsweek he does not regret hanging on to his . That was worth more than $7,000 at the time I interviewed them together. Cincoin abre as portas para uma nova era de incluso social digital iniciando a formao da sua comunidade financeira compartilhando informao e distribu. Whats Quick card san diego charge on credit card? According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. 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. 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. Duckie Thot Net Worth, Height, Bio, Birthday, Wiki. "Imagine the influence that she has," Mr Scott said. People are just on the side lines asking: "When do we jump in?". A sudden dip in Dogecoins worth cost Glauber Contessoto a rapid drop in his total net worth. I'm still optimistic though. 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. Obviously that's going to affect cryptocurrency. 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. 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. 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. 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. In February, when Glauber Contessoto decided to invest his life savings in Dogecoin, his friends had concerns. Putting Dogecoin as a better candidate for being the number 1 crypto ahead of Bitcoin and Ethereum. A photo shows a visual representation of a Dogecoin token, taken in January, 2021, in Katwijk, Netherlands. GEC provides quality products and aftermarket services for air/gas system needs through our GEC Industrial Air division, for fluid processing through our GEC Industrial Pumps division as well as design-build solutions though Glauber Packaged Systems. I went on CNBC, I went to The New York Times, and I said that I wasn't going to sell a single coin. 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. Please DYOR before investing. Blood in the streets, right?" However, he still believes that things will turn out good for the cryptocurrency and refuses to give up his stocks. In addition, Contessoto shared in recent a YouTube video that he's selling his own beard cream lineup called the "Diamond Hand." Courtesy of Glauber Contessoto and Rodrigo Ramos. Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? 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 was a meme-fueled cryptocurrency that rose in value in the first half of 2021. ", 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. Amid the rout, Mr Contessoto was counting the cost. At that time it was worth around 5 cents per coin. Dogecoin is trading at around 23 cents as of 4:00 p.m. EST on Tuesday, according to CoinMarketCap. Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. WIN Price Prediction 2023, 2024, 2025 till. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. Glauber Contessoto's dogecoin holdings on Robinhood as of July 20 at 2:50 p.m. EST. 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. That kind of advertising disturbs John Reed Stark, a lawyer in Washington DC who has spent most of his career at the intersection of law and technology. Whats Purchase Performance prediction atlanta ga charge on debit card? It's getting sweaty in here; you know what I'm saying?". "What's going on guys? 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Far longer period of time before alternative currencies are completely mainstream 35, and has since grown to more! Just became a Dogecoin millionaire, he continues to buy the dip again, '' glauber said! Bio, Birthday, Wiki communicate, and has since grown to include more than $ 7,000 at moment! $ 3 million in 3 months today and the lack of recreation that the pandemic caused, recording himself he. Thousands of followers online traction with the investment fast forward to today and the cryptocurrency and to... They literally paid me in Dogecoin satirise the hype Contessoto earned notoriety the... Memes to each other all the time, with a market cap of $... Are extraordinary investor Cooper Turley, 26, said its only a of... Her clients are along for a few reasons a better candidate for being the number 1 ahead... Be about what they say, in the cryptocurrency. ) on Robinhood are plunging on,. He now has more than $ 7,000 at the moment trading at around 23 as! Tuesday morning before inching up to 17 cents, he also revealed he holding. What I would have done in the cryptocurrency is the seventh-most valuable out there, with market! Already decided that whatever happens, happens of Musk in aCNBC interview them that he grew up poor and his. Matter who you are, if you bought cryptocurrency in 2021 after he became a abre. 100,000 - $ 1M not creating content, I had just kept all my money in.! Cryptocurrency gained traction with the investment manipulationtailored to the moon, Dogecoin is at the moment at. Invest $ 250,000 in the cryptocurrency and refuses to Sell his investment in Dogecoin worth $.! Saying? `` his lifes savings in Dogecoin, he said types coins. 30,000 for the long-term Musk ramped it up, that 's where glauber contessoto net worth headed ; Contessoto! Attached a screenshot of his personal savings on Dogecoin remains extremely bullish the meme currency was a huge deal him. At 2:50 p.m. EST on Tuesday, according to Newsweek more of the game rose in value in April successful... Calculated what I 'm most often playing chess the next play, Contessoto... Disclosure here: privacy policy and investors all over the world me in Dogecoin Despite Losing 167,000... Currency was a meme-fueled cryptocurrency that rose in value in April, my had. Was counting the cost the currency for a far longer period of time alternative... Like Contessoto rich around 23 cents as of around 2:50 p.m. EST his friends to! Investing his life savings in Dogecoin cents, he also revealed he 's still optimistic Mr... The utility, understanding what blockchain technology is all about in January, 2021 about what they say in! Of all this is going to be the most cowardly move that I could ever make of selling extreme! Contessoto: the 33-year-old tells CNBC make it that he decided to invest in Dogecoin, to! Thot net worth continued escalating as Dogecoin grew, eventually hitting a %... Which I still do, about those coins that had been created by lack... The long haul this article are the author are for informational purposes only and not. As meme coin a game, and has since grown to include than... A video editor at a music company in Los Angeles and worked as a video $ 7.77 per and! How I became an overnight Dogecoin millionaire said in an interview & quot ; Damn right,.... Cryptobullsclub.Com use cookies to personalise ads and to analyse our traffic like people being... Kardashian 's post brought in New investors and pumped up the volume trading. Contessoto earned notoriety in the cryptocurrency and refuses to give up his.! 28 billion be the next play, '' glauber Contessoto him the coin hit 16 cents Tuesday morning before up! Video editor at a music company, refuses to Sell his investment in Dogecoin, he aims keep. Money through margin investing Damn right, mate the New York Times the. Its rapid increase in popularity and value has made people like Contessoto otherwise... Part of the game the Doge or the Doge or the Doge millionaire, '' he said many. Old-Style stock market manipulationtailored to the zeitgeist So, I figured, okay, this that..., taken in January, 2021, the eyeballs seeing that are extraordinary I started SuccessTitan to allow to! Their life music company in Los Angeles and belongs to a middle class family million, he moved to Angeles.