Blower Repair Pump Repair Engineering Services Replacement Parts. Contessoto investeerde naar eigen . "Imagine the influence that she has," Mr Scott said. Samuel Trotter for The New York Times Background reading Glauber Contessoto. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. (He could have sniped back by reminding them hes still up 3X on his investment.). Meet Bob Alley, Kirstie Alleys ex-husband (Updated), Funny Marco interviews, age, birthday, and net worth, CREED III Final Trailer: The fight between former friends, Ant-Man and The Wasp: Quantumania (Trailer). In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. Im truly not worried at the end of the day.. Now, she works with people in the crypto space to launch their own business endeavors and guides them on how to invest. 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. IF I CAN HODL YOU CAN HODL!!! However, he was familiar with cryptocurrency but was highly fascinated with its marketing strategy. 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. According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. (Updated). 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? 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. . 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. Last month his holdings touched $2 million. Somewarn investors to be especially cautious when investing in dogecoinin particular, since itlacks the scarcity and technological developmentthat bitcoin has, for example. We know that Glauber is single at this point. 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. Contessotto, who works in the music industry, claimed Elon Musk, the billionaire, was a major influence on his decision. Theres a kind of existential nihilism, Altman said. His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. Contessoto 202140.72Contessoto18200 ""dogecoin millionaireContessoto16 Contessoto Contessoto"" On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. A pril 16, 2021 Glauber Contessoto posted a screenshot of his digital wallet on Twitter. Glauber Contessoto, who is also known as 'Dogecoin millionaire', became famous after sharing his Dogecoin portfolio on Reddit. Courtesy of Glauber Contessoto and Rodrigo Ramos. Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. He has 11k followers at the time of writing this report. "It's getting crazy in this crypto market, right? Blood in the streets, right?" he told his many online followers in a video. Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. Glauber Contessoto while speaking to CNBC explained how the Reddit community and Elon Musk inspired his bold decision and how that has paid off. That's opened a new line of business for New York based lawyer David Scott, who heads a global law firm that specialises in securities fraud and consumer protection. In addition, Contessoto shared in recent a YouTube video that he's selling his own beard cream lineup called the "Diamond Hand." In his YouTube video, he stated that Elon Musk held nearly a third of all Dogecoins in circulation. "It's something at the SEC we used to call the Greater Fool Theory that you believe there's a greater fool out there who will pay more, whatever the cryptocurrency might be.". 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. What is Maker? 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. In the face of inflation and asset prices rising for people, this is not a feasible, sustainable, realistic way to build wealth anymore.. Glauber Contessoto puso todo su dinero en Dogecoin. 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. Since then, Contessoto hasrefused to sell, despite dogecoin'sups and downs. "And he posted a picture of a rocket to the moon, Dogecoin to the moon.". "It took me two months to become a millionaire.". SlumDoge Millionaire," Glauber Contessoto declares to his hundreds of thousands of followers online. Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? "So, I figured, okay, this is going to be the next play," he said. Glauber Contessoto Tweet. I didn't sell any. But I feel like that would probably be the most cowardly move that I could ever make. Investorscould get burned, and in turn, should only invest what they can afford to lose. This uncertainty is, however, one of the major reasons why experts alert that cryptocurrency is a risky and speculative investment. (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? Do Not Sell My Personal Data/Privacy Policy. While Contessoto is not bothered, experts suggest exercising care with dogecoin,advising only to invest as much as you can handle losing. This makes it more volatile than the stock market, which experts say is part of the appeal for up-and-coming investors who dont have to worry about, say, saving for retirement any time soon. . HONEST review, Cup Loan Program Application Legit or Scam? In the same video, he also revealed he's holding about 3.9 million units of dogecoinworth over $550,000. Glauber Contessoto Reddit account is iUsedToCallDogeDodge. For us to get there, we have to all believe in the same thing. 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. Glauber Contessoto maxed out his credit cards to invest in Dogecoin, he told The New York Times. In a YouTube video, he explained why he bought the joke money, and two months later, he announced his new millionaire status on the Dogecoin subreddit. Whats Quick card san diego charge on credit card? 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. At that time it was worth around 5 cents per coin. Nicoll today updated his followers on Twitter on the teams progress, to which Musk responded: This is an important improvement.. Contessoto didn't exactly start out as the dogecoin millionaire he's known as today. She also offers a CryptoCharted newsletter for $20 per month. 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. "As they say, in the ad business, the eyeballs seeing that are extraordinary. Meanwhile, however, the entire crypto market is suffering at the moment. 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. Now, my investment is worth around $230,000. Glauber Contessoto, 34, lives in Las Vegas, Nevada. Yet now, his holdings are down over $167,000 and the portfolio was worth $831,538.88. Glauber Contessoto took a big risk on dogecoin, a meme-inspired cryptocurrency that began as a joke, earlier this year. 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. We've received your submission. Yesterday, he announced to the Reddit community that he is now a Crypto millionaire. How I became an overnight dogecoin millionaire, How this 39-year-old earns $26,000 a year in California. Glauber Contessoto him We send memes to each other all the time, it's just the way that we communicate, and Generation Z.". 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. Dogecoin is now among the top dozen cryptocurrencies, sitting alongside so-called "blue chip" cryptos such as Bitcoin and Ethereum. 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.". I enjoy writing about sports news, business, scholarship programs, and movies, among other topics. Sus participaciones subieron de valor y alcanzaron los $2 millones de dlares. When I'm not creating content, I'm most often playing chess. 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? At the time, he considered himself a "technology evangelist" but he now proselytises against cryptocurrency. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were. We at cryptobullsclub.com use cookies to personalise ads and to analyse our traffic. I also calculated what I would have done in the stock market if I had just kept all my money in Tesla. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. this will not tell you what levels to take profit at, just directional indicators #astrology #crypto #bitcoin #WhatWouldPopTartsDo. He said that he strongly believed in Dogecoins potential and that it could help him build wealth to pass on to his family. So far, her record is a bit uneven. 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. Dogecoin was invented in 2013 to poke fun at Bitcoin. 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. #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. Whatever the truth, it's impossible to escape the hype. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. He earns a little bit of money from selling merch on his website, but his main focus is developing his social media presence. 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. IF I CAN HODL YOU CAN HODL!!! Depending on what happens in the coming months, he believes the price could rise. The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. Courtesy of Glauber Contessoto and Rodrigo Ramos. 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. "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. 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 developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. The cryptocurrency, along with many others, has dived in value in recent weeks. 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. If I dont have a lot to start out with, theres not as much to lose.. If I could go back in time, I probably would have taken out $1 million or $500,000. Pero la voltil moneda meme ha cado desde entonces y l ya no es millonario Dogecoin. And the main reason that people invest in cryptocurrency is because they believe that there's a greater fool out there. As of 2022, Glauber's net worth is $100,000 - $1M. After watching Dogecoin on Reddit, Contessoto s decided on February 5, 2021, to invest greater than. The way that their parents built money in a tried and true way, maybe through investment index funds or savings accounts with a low percent APY, is a joke to live off of in a way, Altman said. I had this mindset, I had this conviction, which I still do, about those coins. Today, Dogecoin was trading at $0.19, a 40% decline in value from last week. 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, 34, lives in Las Vegas, Nevada. Bitcoin, the largest cryptocurrency by market cap, today dipped below $30,000 for the first time since January. Contessoto told CNBC that he grew up poor and that his gain from the meme currency was a huge deal for him. Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. At the same time, with my most recent YouTube videos, I've been getting a lot of support. Contessoto himself also tells his followers not to invest more than they could afford to lose. Two months later, in April, he became a. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. He started with only a few thousand dollars a few years ago earned through part-time jobs and freelance writing gigs and now has access to seven-figures after ditching his post-college career to work in this space full-time. From The Press. Glauber Contessoto, a music company employee plunged his entire $180,000 savings into Dogecoin in February. How To, Glauber Contessoto: The 33-Year-Old Dogecoin holder Who Refuses To Sell Despite Losing $167,000 Overnight. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. 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 coin hit 16 cents Tuesday morning before inching up to 17 cents. CNBC had featured the DOGE millionaire a couple of times after the meme-themed digital asset set a new peak price of $0.74 in early May this year, and his Dogecoin became valued at more than $2m. Since then I have kept every single coin. . According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. A rash . Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. Now she believes she's being penalised, Marie is accused of terrible crimes against her own kids. 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. In the volatile cryptocurrency market, you don't need to be on the end of a scam to lose money. Is cryptocurrency financial kryptonite? In February 2021, I put $188,000my life savingsinto Dogecoin. 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