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. Glauber (born August 5, 1983) is famous for being soccer player. (Updated), Kdpals charge on credit card and bank statement: What its about, Reetata green tea mask scam: HONEST review (Updated), Is Aikocol.com a scam or legit? Mr. Contessoto, legally named Jaysn Prolifiq, was born in Brazil. Of course, what further strengthened his decision was his belief in known dogecoin investor Elon Musk, who he thinks is "a genius. 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. So in 2019, he started investing in renowned companies like Uber and Tesla on Robinhood, which is a commission-free trading app. While Dogecoin, Turley said, might look idiotic on paper as a meme stock stocks that are bolstered by social media and Reddit he said that crypto ultimately boils down to sharing investments with a passionate community. And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today tweeted that his Doge investment stood at $764k. Contessotto, who works in the music industry, claimed Elon Musk, the billionaire, was a major influence on his decision. In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. Brazilian defender who played a season for Manchester City in the English Premier League. Columbia, MD, is where Glauber Contessoto lives today. 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. "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.". admin - May 27, 2021 . The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. Theyre not so interested in underlying economics, but [rather] the chance of a very rapid, high gain, or a very rapid, sharp loss.. Obviously that's going to affect cryptocurrency. Glauber Contessoto Instagram (IG) is @prothedoge. Glauber Contessoto twitter is @ProTheDoge. But as we all know, cryptocurrencies have been undergoing a lull lately. The cryptocurrency, along with many others, has dived in value in recent weeks. 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. "So, I figured, okay, this is going to be the next play," he said. Between hissavings and borrowed funds, Contessoto said, heinvested over $250,000 in dogecoinon Feb. 5 when it was priced at about 4.5 cents. Courtesy of Glauber Contessoto and Rodrigo Ramos. As to why Dogecoin and cryptocurrency is in its current state? He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin. The developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet. When finalizing the deal, the company asked if he'd prefer to be paid in U.S. dollars or crypto. Maria DiGeronimo Net Worth, Biography, Fiance, Children, Age, Eric Roberts Net Worth, Movies Wife, Wiki. However, he is looking forward to growing his brand online. "It's a joke coin. 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. 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. 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. Glauber Contessoto became a crypto millionaire by buying Dogecoin. A lot of people don't realize this, but the first time I ever invested in any cryptocurrency was also in February 2021, so I had been in the space for two months and became a millionaire. He believes in his dog god and no one can tell him otherwise. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6.. Contessoto 202140.72Contessoto18200 ""dogecoin millionaireContessoto16 Contessoto Contessoto"" Some experts have even said that we are now entering a bear market. She accurately predicted Januarys market correction, but then wrongly foresaw a bull market in May. Its an act of rebellion against traditional methods of investment and business. Maren Altman, 22, has reached full-blown influencer status by billing herself as a crypto astrologist.. Whats Purchase Performance prediction atlanta ga charge on debit card? Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. 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. 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.". 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. Investorscould get burned, and in turn, should only invest what they can afford to lose. Whats Quick card san diego charge on credit card? 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.". He no longer works at the music company in Los Angeles. In one month, he has made $28,000 from social media ads and promotions, which was primarily paid out in dogecoin. In the volatile cryptocurrency market, you don't need to be on the end of a scam to lose money. And he still hasn't sold any. Get all the top stories from Crypto Bulls Club to keep track. "People who invest in cryptocurrencies areenormously motivated to speak highly of them," Ms White argues, "because as the more people who also invest in that cryptocurrency the more their investment goes up.". But crypto investor Cooper Turley, 26, said its only a matter of time before alternative currencies are completely mainstream. However, the crypto market is now in the doldrums and has been so after Bitcoin, "the main cryptocurrency" to which all . But the big thing was being a part of the Dogecoin community. All rights reserved. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. Since then I have kept every single coin. Altcoins, which typically follow Bitcoin sell-offs, have followed. BuyBlockchain.net . ", "I had a game plan in mind going into this purchase, and I wouldn't feel right always telling people to 'buy and hold' and as soon as I hit $3 million, cash out and leaving everyone else hanging," he said. Today, Dogecoin was trading at $0.19, a 40% decline in value from last week. But his risks paid off. It's getting sweaty in here; you know what I'm saying?". 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. At that time it was worth around 5 cents per coin. Last month his holdings touched $2 million. However, this all changed whenContessoto first learned about dogecoin on Reddit. Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. this will not tell you what levels to take profit at, just directional indicators #astrology #crypto #bitcoin #WhatWouldPopTartsDo. 14.27 on July 22 morning The 'SlumDoge Millionaire' made it big with crypto. "Up until yesterday, I had been a millionaire, if bitcoin and ethereum weren't also [hit], I'd be worried." -Glauber Contessoto, 33 "It took me two months to become a millionaire.". We at cryptobullsclub.com use cookies to personalise ads and to analyse our traffic. Pro the Doge here, A.K.A. 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. About|Contact Us|Terms & Conditions| Privacy Policy. Join the tribe of 1000+ members now. He flew to the United States at the age of 6 with his family and resided in Suburban, Maryland. . On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. But the volatile meme coin has since dippedand hes no longer a Dogecoin millionaire. "Doge is my savings account," he said. "That's about six months salary at my old job," Contessoto says. 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. 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. Contessoto investeerde naar eigen . As of 2022, Glauber's net worth is $100,000 - $1M. Two months later, in April, he became a. In the following weeks, it went to $2 million, then close to $3 million. Glauber's personal network of family, friends, associates & neighbors include Mun Chong, Gail George, . 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. 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And none of what you read here is by any way, an investment advice. $3 million). Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. She also offers a CryptoCharted newsletter for $20 per month. In an interview, he said that many of his friends tried to talk him out of it. How Glauber Contessoto Became Known as the Dogecoin Millionaire. Glauber's Dogecoin is now worth $323K. 2023 Benzinga.com. Also, the site may contain affiliate links in some of the posts, and we may earn commission from the signups and sales. Dogecoin remains a very lucrative trade. Dogecoin is trading at around 23 cents as of 4:00 p.m. EST on Tuesday, according to CoinMarketCap. 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. His holdings went up in value and touched $2 million. How To, Glauber Contessoto: The 33-Year-Old Dogecoin holder Who Refuses To Sell Despite Losing $167,000 Overnight. Cincoin abre as portas para uma nova era de incluso social digital iniciando a formao da sua comunidade financeira compartilhando informao e distribu. This financial instability became his driving force to become wealthy and successful. Meanwhile, however, the entire crypto market is suffering at the moment. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. He sold $100,000 worth of bitcoin at age 15, founded the teaching platform Botangle (motivated by his poor educational . By the time he was working, he recalled having to ride a bicycle to work every day when his car broke down. Glauber Contessoto, 34, lives in Las Vegas, Nevada. Glauber Contessoto's dogecoin holdings on Robinhood as of July 20 at 2:50 p.m. EST. The Dogecoin millionaire told CoinStats that he sold his Tesla and Uber stocks and gathered $250,000 with the help of Robinhood's margin investment feature, subsequently investing all of it into the memecoin. (Updated). ", Investors are mounting big bets against these 2 A.I. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. 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. But I feel like that would probably be the most cowardly move that I could ever make. This uncertainty is, however, one of the major reasons why experts alert that cryptocurrency is a risky and speculative investment. Glauber Contessoto, 33, became a dogecoin millionaire after investing his life savings, $250,000, into the cryptocurrency when it was at $0.045. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. So far, her record is a bit uneven. Cryptobullsclub is a trusted Indian crypto community followed by crypto traders and investors all over the world. Their extreme volatility is one reason experts say that crypto is a risky, speculative investment. In July, Contessoto said he bought more Dogecoins worth $5,300 (roughly Rs 3.94 lakhs). 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. "I stayed up all night time taking a look at my display," Contessoto, 33, once told CNBC. "They're not all that different. Still, Contessoto's outlook on dogecoin remains extremely bullish. "I had no idea how I was going to make money moving forward," he says. Glauber Contessoto, 33, invested all of his funds into dogecoin, a meme-inspired cryptocurrency that has seen a significant increase in value this year. [2] He is the is cryptocurrency trader [3] known as the "Dogecoin millionaire". Glauber Contessoto took a big risk on dogecoin, a meme-inspired cryptocurrency that began as a joke, earlier this year. 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. Contessoto never doubted DOgecoin, and as a result, his funding in . 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. In #Dogecoin. "I don't typically refer to cryptocurrencies as investments because I see them a lot more like gambling," she told Four Corners. When Four Corners caught up with him, he was making a video promoting "Doge-apalooza", a festival dedicated to Dogecoin. Contessoto hopes that his portfolio will be worth a whopping $10 million one day, and then he will convert a tenth of that into fiat. 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. Contessoto, who works in a music company, refuses to sell his investment in dogecoin despite losing $167,000 in one day. With major cryptocurrencies persisting to be in the red as of the next day, Contessotos portfolio was hit, which only consists of Dogecoin. stocks, Salesforce results give CEO Benioff breathing room', Fast Money trader Steve Grasso said, Is ChatGPT the tip of the iceberg? Blower Repair Pump Repair Engineering Services Replacement Parts. According to CoinMarketCap, Dogecoin is at the moment trading at around $0.2191, with a market value of over $28 billion. If I made $3 million on Tesla, nobody would care, but they do care about the dude who turned $188,000 into $3 million with a cryptocurrency featuring a dog meme. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. had left him in 2011, when the price of bitcoin was approximately $10, in the cryptocurrency. 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.). I'm here for the long run, and if the ship goes down, I'm going down with the ship. Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. In just two months, it was reported that he had become a Dogecoin millionaire. . All of those things are now a lot easier to do because of cryptocurrency.". His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. "Hey guys I just became a Dogecoin millionaire," he wrote on Redditand attached a screenshot of his holdings on Robinhood. Soon, it was announced that he had become a millionaire. Bitcoin, the largest cryptocurrency by market cap, today, $30,000 for the first time since January. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. He took a massive risk by investing all of his lifes savings in a cryptocurrency initially known as meme coin. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. By May 2021, Glauber Contessoto assets had grown to 2 . Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. 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. Analysts reveal potential A.I. We know that Glauber is single at this point. He's hopeful it will hit $1 by the end of the year. A Division of NBC Universal. He earns a little bit of money from selling merch on his website, but his main focus is developing his social media presence. He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. 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. We're also seeing murmurs of a recession coming up soon. He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin.. , said in his tweet that he will continue to HODL (a purposeful misspelling of hold). 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). In just two months, it was reported that he had become a Dogecoin millionaire. (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? An 85-year Harvard study found the No. Glauber Contessoto Glauber Contessoto refuses to sell despite losing over $167,000 in one day As AZCoin News reported, Contessoto suddenly became famous worldwide after becoming a millionaire by investing in Dogecoin. 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. Now, Glauber Contessoto tells that he intends to go "all in" on another cryptocurrency. Net Worth: Relationship: Single Kids: Edit this Information. So I still feel like I was doing the right thing by holding. As a matter of fact, during the dips, he even bought more Dogecoins. Some say cryptocurrency is the future of money, and the technology it's built on is destined to revolutionise the internet and the society. For us to get there, we have to all believe in the same thing. Glauber Contessoto Reddit account is iUsedToCallDogeDodge. For Contessoto, the belief in putting his whole life's savings into a cryptocurrency that was born out of an internet meme was more than just diving in headfirst into a nascent trend, as he loved the community surrounding dogecoin, even appreciating the cryptocurrency's meme origins. 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. However, he was familiar with cryptocurrency but was highly fascinated with its marketing strategy. No matter who you are, if you bought cryptocurrency in 2021, the chances are you're down right now. I had this mindset, I had this conviction, which I still do, about those coins. Amid the rout, Mr Contessoto was counting the cost. 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. Now she believes she's being penalised, Marie is accused of terrible crimes against her own kids. 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. I didn't sell any. Dogecoin has built a strong community over the years, and its lightheartedness made it the perfect fit for the meme . He said that he took a huge risk to buy Dogecoin by using all his savings and sales from his shares of Tesla and Uber and that he invested on margin from Robinhood. 18.9K followers. "Until I reach my goal, I'll continue to buy, hold and 'diamond hand' it. Losing A 6-Figure Sum In Dogecoin Worth Within 24 Hours. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. Blood in the streets, right?" he told his many online followers in a video. 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. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. But Altman said her clients are along for a wild ride. "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". Contessoto didn't exactly start out as the dogecoin millionaire he's known as today. "It felt like people were being just taken for a ride," she said. IF I CAN HODL YOU CAN HODL!!! A few years ago, he said, the crypto market felt uncertain. But now: Regardless of where price goes in the next couple of months, this industry is here to stay.. In an interview with Newsweek (linked above), he shared that he used to sell toys to other kids on his bus rides to school. "So, they literally paid me in 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 $167,000 overnight. 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. It's like Jay-Z said: "First they love me, then they hate me, then they love me again.". 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. "They were all like, you're crazy," he said. 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. He now has more than $800,000 in Doge. Since then, Contessoto hasrefused to sell, despite dogecoin'sups and downs. 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. 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. Glauber Contessoto, who is also known as 'Dogecoin millionaire', became famous after sharing his Dogecoin portfolio on Reddit. 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. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up.". "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. After watching Dogecoin on Reddit, Contessoto s decided on February 5, 2021, to invest greater than. 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. A rash . 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. 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. 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.
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